Tosei Reit Investment Corporation

3451.T
REIT - Diversified
2026/08/21 Updated
Market Cap: $311.4M (¥49.5B)
Stock Price: $827.14 (¥131,500)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Acquisition of Domestic Real Estate Trust Beneficiary Rights and Commencement of Loan Associated Therewith (TR Garden Yokohama Nakata)

Tosei REIT Investment Corporation announced the planned acquisition of real estate trust beneficiary rights for the residential property "TR Garden Yokohama Nakata" located in Yokohama City, Kanagawa Prefecture, at 670 million JPY, scheduled for May 29, 2026.

Importance:
Page Updated: April 27, 2026
IR Disclosure Date: April 27, 2026

Key Figures

  • Planned Acquisition Price: 670 million JPY
  • Appraised Value: 701 million JPY
  • Appraised NOI Yield: 5.06%
  • Annual Rent: 43 million JPY
  • Occupancy Rate: 100.0%

AI要約

Acquisition Overview

Tosei REIT Investment Corporation plans to acquire the real estate trust beneficiary rights for the residential property "TR Garden Yokohama Nakata" located in Yokohama City, Kanagawa Prefecture, for 670 million JPY on May 29, 2026. Funding for the acquisition is expected to come from borrowings and internal funds, with mediation handled by a domestic corporation. The property is a six-story reinforced concrete building, 21.9 years old, with an appraised value of 701 million JPY and an appraised NOI yield of 5.06%.

Reason for Acquisition and Future Outlook

The acquisition aims to secure stable income over the medium to long term and promote growth of managed assets, valuing the property's highly convenient location accessible from multiple stations. Post-acquisition, the portfolio is expected to consist of 64 properties with a total acquisition price of 84.4 billion JPY. There is no change to the operational outlook for the fiscal period ending April 2026, with minor impacts expected on the operational status and distribution forecasts for the fiscal period ending October 2026. Detailed disclosure will be provided in the Financial Summary announced on June 17, 2026.

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

Tosei REIT Investment Corporation

Company overview · Stock price · Financial data · All IR

View company page →