NIPPON REIT Investment Corporation

2026/04/07 Updated
Market Cap: $1.0B (¥165.1B)
Stock Price: $564.65 (¥90,200)
Exchange Rate: 1 USD = ¥159.74

Notice Regarding Completion of Transfer and Acquisition of Domestic Real Estate Trust Beneficiary Rights

Japan REIT Inc. transferred Kudan Kita 325 Building (transfer price: 2,740 million yen) to Mitsubishi Estate Co., Ltd., and completed acquisition of CIRCLES Nihonbashi Hamacho (acquisition price: 3,492 million yen) from the same company.

Importance:
Page Updated: March 30, 2026
IR Disclosure Date: March 30, 2026

Key Figures

  • Transferred Asset: Kudan Kita 325 Building (transfer price 2,740 million yen)
  • Acquired Asset: CIRCLES Nihonbashi Hamacho (acquisition price 3,492 million yen)
  • Completion Date of Transfer and Acquisition: March 30, 2026

AI要約

Overview of Transferred and Acquired Assets

As announced on December 19, 2025, Japan REIT Inc. transferred the Kudan Kita 325 Building located in Chiyoda-ku, Tokyo to Mitsubishi Estate Co., Ltd. for 2,740 million yen, and acquired CIRCLES Nihonbashi Hamacho in Chuo-ku, Tokyo from Mitsubishi Estate Co., Ltd. for 3,492 million yen. The property numbers are A-19 for the transferred asset and A-81 for the acquired asset, both being office-use properties. The transfer and acquisition prices are based on the Trust Beneficiary Rights Exchange Agreement and do not include consumption tax or other incidental expenses.

References for Further Information

For details, please refer to the “Notice Regarding Transfer and Acquisition of Domestic Real Estate Trust Beneficiary Rights” published on December 19, 2025. This transfer and acquisition aims to optimize the portfolio through asset replacement, representing an important transaction impacting the asset composition of the investment corporation.

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