Sekisui House Reit, Inc.
Notice Regarding Change of Master Lease Agreement for Owned Property (Estimeison Shirakabe Minami)
The master lease agreement for Estimeison Shirakabe Minami is changed from a fixed rent type to a pass-through type, with monthly rent expected to increase by 10.0%. The contract period is from April 1, 2026, to March 31, 2036.
Key Figures
- Monthly Rent (post-change): 3,470 thousand yen (total end-tenant rent as of end-February 2026)
- Monthly Rent Increase Rate: Expected 10.0% increase
- Contract Period: From April 1, 2026, to March 31, 2036
AI要約
Overview of Change in Master Lease Agreement
Sekisui House Reit, Inc. has decided to change the master lease agreement for the owned property 'Estimeison Shirakabe Minami' from a fixed rent type to a pass-through type. As a result, monthly rent as of the end of February 2026 is expected to increase by 10.0%. The contract period will be 10 years, from April 1, 2026, to March 31, 2036. The change in lease scheme is a decision taken after comprehensively considering the status of managed assets, rent income stability, and operational management efficiency to pursue internal growth opportunities.
Outlook
The impact of this change on performance is minor, and there is no change to the operating forecasts for the fiscal periods ending April 2026 and October 2026 disclosed in the financial summary dated December 15, 2025. We will continue stable operations aiming to maximize investor value.
