Mitsubishi Estate Logistics REIT Investment Corporation
Notice Regarding the Transfer of Domestic Real Estate Trust Beneficiary Rights
Mitsubishi Estate Logistics REIT Investment Corporation plans to transfer the logistics facilities "MJ Logi-Park Kazo 1" and "MJ Logi-Park Kazo 2" located in Kazo City, Saitama Prefecture, for a total of 3,520 million yen. The anticipated gain on transfer is 670 million yen, expected to be distributed in the fiscal year ending August 2026.
Key Figures
- Planned Transfer Price MJ Logi-Park Kazo 1: 1,680 million yen
- Planned Transfer Price MJ Logi-Park Kazo 2: 1,840 million yen
- Estimated Gain on Transfer Total: 670 million yen (499 million yen + 171 million yen)
AI要約
Overview of Transfer
Mitsubishi Estate Logistics REIT Investment Corporation plans to transfer the logistics facilities located in Kazo City, Saitama Prefecture, "MJ Logi-Park Kazo 1" (planned transfer price: 1,680 million yen) and "MJ Logi-Park Kazo 2" (planned transfer price: 1,840 million yen) for a total of 3,520 million yen. The expected gain on transfer totals approximately 670 million yen, with the transfer date scheduled for March 31, 2026. The transferee remains undisclosed, and the brokerage fee amounts to 35,200 thousand yen (excluding consumption tax).
Reason for Transfer and Future Outlook
This transfer is part of the growth strategy formulated in April 2025 and aims to return latent gains. The properties, aged between 20 to 30 years, were decided for transfer to avoid repair costs and optimize the portfolio. The entire gain on transfer is planned to be returned in the fiscal year ending August 2026. Proceeds will be considered for use in future asset acquisitions, investor returns, debt repayments, and other uses. Future operational status is available in separately published materials on operational status and distribution forecasts.
