Japan Excellent, Inc.
Notice regarding the acquisition of domestic real estate trust beneficial interests (BIZCORE Kanda-Sudacho) and a silent partnership interest
Announces acquisition decision for asset management including a mid-size, high-grade office. Planned acquisitions include 2,711 million yen in domestic real estate trust beneficial interests for BIZCORE Kanda-Sudacho and 1,200 million yen in a silent partnership stake. Acquirer is Nikkei Kowa Real Estate Co., Ltd. etc., with cash lump-sum payment. Anticipated minimal impact on future operations.
Key Figures
- Acquisition price of the planned asset: 2,711 million yen
- Amount of silent partnership investment: 1,200 million yen
- Trust establishment date: September 29, 2026
AI要約
Background and details of the acquisition
The REIT intends to steadily acquire assets from the sponsor Nippon Steel Kowa Real Estate's BIZCORE series as part of its medium- to long-term strategy, planning to acquire the trust beneficiaries for BIZCORE Kanda-Sudacho and Kowa 2nd Town Building, as well as the silent partnership interests. The acquisition is scheduled with the trust establishment date of September 29, and completion of equity contributions by September 28. The acquirer is Nikkei Kowa Real Estate Co., Ltd. etc.
Overview and conditions of the acquired assets
(A) Domestic real estate trust beneficial interests: BIZCORE Kanda-Sudacho, planned acquisition price 2,711 million yen, trust establishment date 2026/09/29, trust termination date 2036/09/30, location Chiyoda-ku, Tokyo, use: office, appraisal value 3,090 million yen, seismic PML 6.2%, etc. Tenant status and occupancy rates and other conditions are described. (B) Silent partnership interests: investment amount 1,200 million yen, investor is Nibancho Property LLC, outline of the silent partnership agreement and distribution, etc.
Japan Excellent, Inc.
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