SANKEI REAL ESTATE Inc.
(Amendment) Notice of Partial Amendment to the Opinion of Support and Recommendation for Subscription Regarding the Tender Offer for Investment Units of Sankei Real Estate Investment Corporation (Securities Code: 2972) by Tiger Investment Limited Partnership and Lion Investment Limited Partnership
Tender offer period extended to March 6, 2026, effectively increasing the dividend equivalent to 2,773 yen. Maintains recommendation to investors to subscribe.
Key Figures
- Tender Offer Period: January 7, 2026 – March 6, 2026 (40 business days)
- Tender Offer Price: 125,000 yen (no change)
- Dividend for Fiscal Year Ending February 2026 (Forecast): 2,773 yen (effectively increased due to extension of tender offer period)
AI要約
Overview and Extension of Tender Offer Period
Regarding the tender offer for Sankei Real Estate Investment Corporation by Tiger Investment Limited Partnership and Lion Investment Limited Partnership, it has been decided to extend the initial tender offer period of 30 business days to 40 business days until March 6, 2026. The tender offer price remains unchanged at 125,000 yen, and the extension effectively increases the dividend equivalent to 2,773 yen for the fiscal year ending February 2026 for investors.
Impact on Investors and Future Policy
The board of directors of Sankei Real Estate Investment Corporation maintains its supportive opinion regarding the tender offer and recommends investors to apply. With the extension of the tender offer period, investors who apply will be able to receive both the dividend and the tender offer price. To ensure fairness, it was changed that investors who do not apply will not have dividend deductions applied. After the tender offer is completed, organizational restructuring including unit consolidation is planned, with an extraordinary unitholders meeting scheduled for mid-May 2026.
