LaSalle LOGIPORT REIT
Notice Regarding the Transfer of Domestic Real Estate Trust Beneficial Interests
LaSalle Logiport REIT plans to transfer trust beneficial interests of Aisai Logistics Center and Kariya Logistics Center at a total scheduled transfer price of 11.41 billion yen, expecting a gain on sale of 1.246 billion yen. The scheduled transfer date is March 6, 2026.
Key Figures
- Total Scheduled Transfer Price: 11,410 million yen
- Total Book Value: 10,009 million yen
- Gain on Transfer (Gain on Sale): 1,246 million yen
AI要約
Overview of the Transfer
LaSalle Logiport REIT has decided to transfer the real estate trust beneficial interests of Aisai Logistics Center and Kariya Logistics Center at a total scheduled transfer price of 11.41 billion yen. The scheduled transfer date is March 6, 2026, with an expected gain on transfer of 1.246 billion yen. The transferee is the same domestic limited liability company, with details undisclosed. The transfer proceeds will be allocated to unitholder returns, treasury unit acquisitions, and indirect investments.
Reason for Transfer and Future Utilization Policy
Considering the capital market environment, capital cost, and unit price, the objective is to enhance unitholder value by raising funds through asset sales and realizing latent gains. The proceeds will be allocated to high-yield investments and treasury unit acquisitions, aiming for medium- to long-term unitholder returns and value enhancement. Although the transferred assets generated stable cash flow, the transfer was deemed appropriate considering rental growth potential.
