ORIX JREIT Inc.
Notice regarding the acquisition of domestic real estate trust beneficiary rights (Toyosu Prime Square, Naha Shintoshin Center Building: Additional acquisition)
Decides to acquire additional domestic trust beneficiary rights for Toyosu Prime Square and Naha Shintoshin Center Building. Total acquisition price is 10,600 million yen (50% quasi-ownership). Includes forward commitment terms; acquisition counterparties: Toyosu Prime Square is non-disclosed, Naha Shintoshin Center Building is Daiwa House Reit Investment Corporation. Acquisition planned for September 30, 2026.
Key Figures
- Acquisition price: Total 10,600 million yen (50% quasi-ownership)
- Appraisal value: Toyosu Prime Square 29,750 million yen / Naha Shintoshin Center Building 10,600 million yen
- Payment terms: Full settlement to be executed on each acquisition date / funding by new borrowings and equity (note)
AI要約
Overview of the acquisition
This investment corporation will acquire 50% of the trust beneficiary rights for Toyosu Prime Square and Naha Shintoshin Center Building, with 50% quasi-ownership for each. The total acquisition amount is 10,600 million yen (50% quasi-ownership), with contract signing on August 26, 2026 and acquisition planned for September 30, 2026; a staged acquisition schedule is indicated. Appraisal values are Toyosu Prime Square at 29,750 million yen and Naha Shintoshin Center Building at 10,600 million yen.
Financial and contractual notes
This is a transaction with execution risk under forward commitments, with termination clauses and penalties (equivalent to 20% of the purchase price) defined. Counterparties are Toyosu Prime Square (non-disclosed) and Naha Shintoshin Center Building is Daiwa House Reit Investment Corporation, with conditions under management agreements and quasi-ownership agreements including approvals and rights of first negotiation.
Orix Real Estate Investment Corporation
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