Nippon Building Fund Inc.
Notice Regarding Acquisition of Domestic Real Estate (Higashi-Gotanda Square (Additional Acquisition))
Decided on an additional acquisition of Higashi-Gotanda Square. Acquisition price is 2,400 million yen, delivered in a lump sum using own funds. Combined with existing ownership, the holding ratio expands to approx. 48.53%. Leasing status: 16 end tenants, occupancy rate 100%. Minimal impact expected on the operating forecasts for the fiscal periods ending December 2026 and June 2027.
Key Figures
- Acquisition price (thousand yen): 2,400,000
- Integrated asset management rights ratio: approx. 11.53% (additional acquisition portion) + approx. 43.33% (existing interest) = approx. 54.86%
- Total number of end tenants: 16 people
AI要約
Key points
The Fund has decided on an additional acquisition of Higashi-Gotanda Square, with an acquisition price of 2,400 million yen to be delivered in a lump sum using own funds. After the additional acquisition, the holding ratio will be approximately 48.53%, aiming to strengthen the portfolio in central urban areas. The property is in a prime location in the Gotanda/Osaki area and is assessed to have high rental market stability.
Impact on investors and outlook
The impact from the additional acquisition is expected to be minor, and the Fund has announced that the effect on operations for the fiscal periods ending December 2026 and June 2027 will be small. There are 16 end tenants, occupancy is 100%, and the total leasable area is approximately 1,639.91 sqm. Combined with existing ownership interests, the integrated asset management rights ratio will be approx. 54.86%. Rental level fluctuations and vacancy risks are expected to improve due to the property's advantageous location and specifications.
Nippon Building Fund Inc.
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