Sekisui House Reit, Inc.
Notice of Change to Master Lease Agreement for Owned Property (Prime Maison Momochihama)
The investment corporation will change the master lease of the owned property "Prime Maison Momochihama" from a fixed-rent master lease to a pass-through master lease. Effective from April 2027, the monthly rent is expected to increase by 19.7% as of the end of August 2026. Decision date, contract summary, and timing of impact are disclosed.
Key Figures
- Monthly rent: 10,325 thousand yen → 12,355 thousand yen
- Security deposit / guarantee money: 18,100 thousand yen → 2,543 thousand yen
- Contract period: 2022/4/1–2027/3/31 → 2027/4/1–2032/3/31
AI要約
Overview of the Change
The investment corporation will change the leasing scheme for the owned property from a fixed-rent master lease to a pass-through master lease. The subject property is located in the highly school-district-preferred Momochihama 3-chome area of Fukuoka City, and going forward rent will be determined based on contracts with end tenants. The post-change monthly rent is expected to increase by 19.7% as of the end of August 2026.
Outlook and Impact
Since the change is scheduled to take effect on April 1, 2027, the impact on results for the fiscal period ending October 2026 and the fiscal period including April 2027 is expected to be limited, and the effect on full-year plans is disclosed as minor.
Sekisui House Reit, Inc.
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