Heiwa Real Estate REIT, Inc.
Supplementary Explanation Materials for Timely Disclosure Published Today: “Notice on the Transfer of Domestic Assets (HF Nishi-Shinjuku Residence WEST, HF Nishi-Shinjuku Residence EAST)”
A total transfer gain of 2.49 billion yen is expected from the transfer of HF Nishi-Shinjuku Residence WEST and EAST, marking the 18th consecutive period of recording transfer gains.
Key Figures
- Total Transfer Gains: 2.49 billion yen (expected)
- Transfer Gain from HF Nishi-Shinjuku Residence WEST: 1.57 billion yen (expected)
- Transfer Gain from HF Nishi-Shinjuku Residence EAST: 920 million yen (expected)
AI要約
Overview of Transferred Assets
This document is supplementary explanation materials regarding the transfer of HF Nishi-Shinjuku Residence WEST and HF Nishi-Shinjuku Residence EAST. The scheduled transfer prices are respectively 3.5 billion yen and 2.05 billion yen, representing 116% of the appraised value and 187% of the book value. Accordingly, the transfer gains are anticipated to be 1.57 billion yen for WEST and 920 million yen for EAST, totaling 2.49 billion yen.
Strategy to Maximize Investor Value
The recognition of transfer gains marks the 18th consecutive period, demonstrating the strengthening of the asset rotation strategy. The transfer gains will be allocated to enhancing returns to investors, securing funds for growth investments, and ensuring sources of returns, which also contributes to securing funds for acquiring properties aimed at improving portfolio quality.
Heiwa Real Estate REIT, Inc.
Company overview · Stock price · Financial data · All IR
