NIPPON REIT Investment Corporation

2026/01/16 Updated
Market Cap: $1.1B (¥175.8B)
Stock Price: $627.21 (¥99,400)
Exchange Rate: 1 USD = ¥158.48

Notice on the Completion of Acquisition of Domestic Real Estate Trust Beneficiary Rights

Japan REIT Investment Corporation announced on January 14, 2026, that it has completed the acquisition of domestic real estate trust beneficiary rights for FORECAST Yokkaichi (acquisition price 3,531,500 thousand yen) and innoba Ota (acquisition price 3,158,000 thousand yen).

Importance:
Page Updated: January 14, 2026
IR Disclosure Date: January 14, 2026

Key Figures

  • FORECAST Yokkaichi Acquisition Price: 3,531,500 thousand yen
  • innoba Ota Acquisition Price: 3,158,000 thousand yen
  • FORECAST Yokkaichi Appraised Value: 3,880 million yen
  • innoba Ota Appraised Value: 3,320 million yen
  • Announcement Date: 2026-01-14

AI要約

Overview of Acquired Assets

Based on the announcement of acquisition of domestic real estate trust beneficiary rights made on August 15, 2025, Japan REIT Investment Corporation has completed the acquisition of FORECAST Yokkaichi in Yokkaichi City, Mie Prefecture (acquisition price 3,531,500 thousand yen) and innoba Ota in Ota Ward, Tokyo (acquisition price 3,158,000 thousand yen). Each property is classified respectively as office use (A-80) and other uses (C-8). The acquisition price is the amount stated in the transfer agreement and does not include consumption tax or equivalent.

Overview of Appraisal Valuation

For the acquired assets, appraisals as of December 31, 2025, were obtained based on contract forms including forward commitments. FORECAST Yokkaichi was appraised at 3,880 million yen by Daiwa Real Estate Appraisal Co., Ltd., with income valuation calculated using the DCF method and direct capitalization method. innoba Ota was appraised at 3,320 million yen by Chuo Real Estate Appraisal Co., Ltd., similarly assessed based on income valuation. Detailed evaluations of operating income, operating expenses, capitalization rates and other factors for both properties have been disclosed.

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