SOSiLA Logistics REIT, Inc.
Notice Regarding Disciplinary Action by the Association for Real Estate Securitization against the Asset Management Company
Sumisho Realty Management Co., Ltd. announced that it was disciplined by the Association for Real Estate Securitization on January 26, 2026, following an administrative penalty from the Financial Services Agency.
Key Figures
- Date of Disciplinary Action: 2026-01-26 (Decision date by ARES)
- Date of Administrative Penalty: 2025-12-05 (Date of penalty by Financial Services Agency)
- Asset Management Company: Sumisho Realty Management Co., Ltd. (Subject to Disciplinary Action)
AI要約
Overview of the Disciplinary Action
Sumisho Realty Management Co., Ltd., the asset management company of SOSiLA Logistics REIT Inc., was disciplined by the Association for Real Estate Securitization (ARES) effective January 26, 2026. This disciplinary action was due to Sumisho Realty Management receiving an administrative penalty on December 5, 2025, from the Financial Services Agency for breaching fiduciary duties under the Financial Instruments and Exchange Act and violating ARES’s voluntary code of conduct. Details are posted on ARES's official website.
Future Response and Impact
Sumisho Realty Management Co., Ltd. takes this disciplinary action seriously and will have all officers and employees engaged in efforts to strengthen compliance and internal control systems, and review business operations. There is no description regarding the direct impact on the investment corporation’s performance or assets under management, and it remains unclear.