Heiwa Real Estate REIT, Inc.

8966.T
REIT - Diversified
2026/09/24 Updated
Market Cap: $1.1B (¥175.3B)
Stock Price: $824.76 (¥130,500)
Exchange Rate: 1 USD = ¥158.23

Notice regarding acquisition of domestic assets (HF Akishima Station-front Building)

Acquisition of Akishima Station-front Building approved. Acquisition price: 2,230 million yen; appraisal value: 2,860 million yen. NOI yield (appraisal basis) 6.0% (after depreciation 5.6%), rent gap rate -14.7%. Scheduled delivery on September 29, 2026; plan to rename by September 29, 2027.

Importance:
Page Updated: September 24, 2026
IR Disclosure Date: September 24, 2026

Key Figures

  • Acquisition price: 2,230 million yen
  • Appraised value: 2,860 million yen
  • NOI yield: 6.0%
  • NOI yield after depreciation: 5.6%
  • Rent gap: -14.7%

AI要約

Background and basic information of the acquisition

This REIT has decided to acquire the office property “HF Akishima Station-front Building” located in a central urban area of Akishima City, aiming for mid- to long-term stable income and portfolio scale expansion. The planned acquisition price is 2,230 million yen, and the appraised value is 2,860 million yen, with NOI yield of 6.0% (5.6% after depreciation), indicating strong profitability. The rent gap is -14.7%, suggesting room for growth favorable to market conditions.

Impact and schedule going forward

The acquisition is scheduled for delivery on September 29, 2026. The counterparty is undisclosed but there are no special related parties. For impacts on results and distributions for the November 2026 period and the May 2027 period, refer to separately disclosed materials. Moving forward, the portfolio quality and profitability are intended to be improved through continued asset acquisitions.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Heiwa Real Estate REIT, Inc.

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