Industrial & Infrastructure Fund Investment Corporation

3249.T
REIT - Industrial
2026/08/21 Updated
Market Cap: $2.2B (¥349.7B)
Stock Price: $869.91 (¥138,300)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Domestic Real Estate Transfer【IIF Shinagawa Data Center】

To realize disposal gains, IIF Shinagawa Data Center transfer decision made. Planned transfer price is 9,500 million yen, book value is 5,444 million yen, resulting difference about 4,055 million yen. Disposal proceeds to be fully distributed over two periods: fiscal year ending January 2027 and July 2027. Transfer counterparty is a domestic operating company; inter-ownership agreement imposes restrictions on transfer to third parties. Appraisal value is 7,480 million yen, yield on return 4.7%, and a 7.41 billion yen valuation via DCF.

Importance:
Page Updated: August 17, 2026
IR Disclosure Date: August 17, 2026

Key Figures

  • Planned transfer price: 9,500 百万円
  • Book value: 5,444 百万円
  • Transfer spread: 4,055 百万円

AI要約

Overview of Transfer

Decision to transfer IIF Shinagawa Data Center. Planned transfer price is 9,500 million yen, book value 5,444 million yen. The transferee is a domestic operating company, ownership stakes of 30% and 70% to be transferred in two stages. It is a forward commitment-type sale and purchase agreement, with the transfer contract signing date on the same day.

Purpose and Outlook of Transfer

As part of a strategy to improve capital efficiency by internal growth, realization of hidden gains, and external growth, anticipated upside in future cash flows, and plan to distribute disposal gains over two periods in 2027. Proceeds to be allocated to acquisitions of inflation-resistant assets and debt repayment.

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

Industrial Fund Investment Corporation

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