Japan Logistics Fund, Inc.
Notice on Completion of Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interests by Exchange (Acquisition of Funabashi Nishiura Logistics Center III (33% Co-ownership Interest) and Transfer of Ichikawa Logistics Center II (18% Co-ownership Interest))
Japan Logistics Fund, Inc. acquired Funabashi Nishiura Logistics Center III (33% co-ownership interest) for 5,181 million yen and completed the transfer of Ichikawa Logistics Center II (18% co-ownership interest) for 4,960 million yen.
Key Figures
- Acquisition Price (Funabashi Nishiura Logistics Center III): 5,181 million yen
- Transfer Price (Ichikawa Logistics Center II): 4,960 million yen
- Exchange Difference: 221 million yen
AI要約
Overview of Exchange
Japan Logistics Fund, Inc. acquired the real estate trust beneficiary interest of Funabashi Nishiura Logistics Center III (33% co-ownership interest) for 5,181 million yen and transferred the real estate trust beneficiary interest of Ichikawa Logistics Center II (18% co-ownership interest) for 4,960 million yen, effective February 2, 2026. The exchange difference amounted to 221 million yen and was financed through borrowings and internal funds. The acquired asset will be subject to compressed accounting pursuant to Article 50 of the Corporate Tax Act.
Future Outlook
The impact of this exchange on business results has already been factored in, and there is no change to the expected operational status for the fiscal period ending July 2026 (February 1, 2026 to July 31, 2026). For details, please refer to the notices dated January 16, 2025 and January 21, 2026.