NIPPON REIT Investment Corporation
Notice Regarding New Investment Unit Issuance and Investment Unit Offering
Japan REIT Investment Corporation plans to conduct a public offering of 59,000 new investment units and a third-party allotment of 2,950 units in March 2026, aiming to raise up to JPY 5,680,000,000.
Key Figures
- Number of new investment units issued via public offering: 59,000 units
- Number of new investment units issued via third-party allotment: 2,950 units
- Planned capital procurement (net proceeds estimate): JPY 5,680,000,000 (maximum)
AI要約
Overview of Capital Policy
Japan REIT Investment Corporation resolved at the Board of Directors meeting held on February 18, 2026, to issue 59,000 new investment units through a public offering and 2,950 new investment units via a third-party allotment. The issue price will be determined within a range of 0.90 to 1.00 times the closing price on the Tokyo Stock Exchange. An overallotment offering of up to 2,950 units is also planned, with multiple securities firms serving as underwriters. The proceeds, estimated up to JPY 5,680,000,000, will primarily be allocated to the acquisition of specific assets and loan repayments.
Impact on Shareholders and Future Outlook
The total number of issued investment units will increase from the current 1,768,380 units to a maximum of 1,830,330 units, resulting in dilution. The underwriters plan to sell some units to designated parties, with lock-up periods established. Future operational status and distribution forecasts will be announced separately. Investors should pay attention to the purpose of the fundraising accompanying this new issuance, the expansion of asset scale, and the stabilization of the financial base.
