Global One Real Estate Investment Corp.

2026/08/21 Updated
Market Cap: $764.9M (¥121.6B)
Stock Price: $698.82 (¥111,100)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding the Acquisition of Domestic Real Estate Trust Beneficiary Interests (GRAND CENTRAL CHIBA and ICON PLACE SHIBAKOEN)

Global One Real Estate Investment Corporation plans to acquire real estate trust beneficiary interests in GRAND CENTRAL CHIBA (acquisition price: 17.5 billion yen) and ICON PLACE SHIBAKOEN (acquisition price: 9.2 billion yen) on March 30, 2026 and April 23, 2026, respectively.

Importance:
Page Updated: March 25, 2026
IR Disclosure Date: March 25, 2026

Key Figures

  • Acquisition Price of GRAND CENTRAL CHIBA: 17,500 million yen
  • Acquisition Price of ICON PLACE SHIBAKOEN: 9,200 million yen
  • Asset Scale After This Acquisition: 235,053 million yen

AI要約

Overview of This Acquisition

Global One Real Estate Investment Corporation has decided to acquire real estate trust beneficiary interests in GRAND CENTRAL CHIBA located in Chiba City, Chiba Prefecture (acquisition price of 17,500 million yen, scheduled acquisition date March 30, 2026) and ICON PLACE SHIBAKOEN located in Minato-ku, Tokyo (acquisition price of 9,200 million yen, scheduled acquisition date April 23, 2026). The acquisition funds will be sourced from borrowings, cash on hand, and funds procured through a public offering. Both properties boast high location potential and excellent facility specifications, aiming to improve the portfolio quality and profitability.

Details of the Acquired Assets and Future Outlook

GRAND CENTRAL CHIBA is an 11-story steel-frame building completed in 2023, located in the central area of Chiba City with high transportation convenience and environmental performance. ICON PLACE SHIBAKOEN is a 12-story mixed-use building completed in 1990, situated in the Shiba-Mita district of central Tokyo, characterized by its accessibility and enhanced competitiveness through renovations. Following the acquisition, the asset scale will expand to approximately 235 billion yen, with LTV expected to be lowered to below 50%. For operational status and distribution forecasts, please refer to separately published materials.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Global One Real Estate Investment Corporation

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