Daiwa House REIT Investment Corporation
Notice Regarding Acquisition of Domestic Real Estate Trust Beneficiary Interest (Finalization of Property Overview for Castalia Nishi-Funabashi II)
Daiwa House REIT Investment Corporation plans to acquire the residential facility “Castalia Nishi-Funabashi II” in Funabashi City, Chiba Prefecture, at a scheduled acquisition price of JPY 2,662.5 million on February 27, 2026; the appraisal value is JPY 2,950 million, and the confirmed NOI yield is 4.6%.
Key Figures
- Scheduled Acquisition Price: JPY 2,662.5 million (scheduled acquisition on February 27, 2026)
- Appraisal Value: JPY 2,950 million (as of January 31, 2026)
- NOI Yield: 4.6%
AI要約
Overview of the Acquired Asset
Daiwa House REIT Investment Corporation plans to acquire the real estate trust beneficiary interest in the residential facility “Castalia Nishi-Funabashi II” located in Funabashi City, Chiba Prefecture, on February 27, 2026. The acquisition price is JPY 2,662.5 million, representing a reduction of JPY 62.5 million from the scheduled price as of November 25, 2024. The property is a five-story reinforced concrete structure with a total floor area of 5,462.48㎡. The trust period extends until February 29, 2036. The appraisal value is confirmed at JPY 2,950 million (as of January 31, 2026), and the NOI yield is fixed at 4.6%. The leasable area is 4,090.34㎡; although the building is completed, it is currently non-operational, so occupancy rate is not stated.
Seller and Future Outlook
The seller is Mizuho Marubeni Leasing Co., Ltd., with no capital, personnel, or transactional relationships with this investment corporation or the asset management company. Acquisition funds will be covered by internal reserves. The acquisition contract is scheduled to be executed on February 27, 2026. The operation status of the acquired asset is already incorporated into forecasts for the fiscal periods ending February and August 2026, with no forecast revisions anticipated.
