Nippon Building Fund Inc.

2026/08/21 Updated
Market Cap: $7.2B (¥1.1T)
Stock Price: $815.18 (¥129,600)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Acquisition of Domestic Real Estate (Nishi-Shinjuku Mitsui Building (Additional Acquisition))

Japan Real Estate Investment Corporation announced on April 28, 2026, the decision to additionally acquire the Nishi-Shinjuku Mitsui Building for 246 million yen.

Importance:
Page Updated: April 28, 2026
IR Disclosure Date: April 28, 2026

Key Figures

  • Acquisition Price: 246 million yen
  • Appraisal Value: 466,000 thousand yen (as of April 1, 2026)
  • Occupancy Rate: 99.94%

AI要約

Overview of Acquired Asset

Japan Real Estate Investment Corporation has decided to acquire the additional portion of the Nishi-Shinjuku Mitsui Building for 246 million yen. The acquisition date is April 28, 2026, and the acquisition funds will be sourced from own funds. The acquired property is located near Nishi-Shinjuku Station on the Tokyo Metro Marunouchi Line and Tochomae Station on the Toei Oedo Line. It features a competitive office space with a standard floor leasing area of 477 tsubo, a ceiling height of 2,660 mm, and a 100 mm OA floor.

Reason for Acquisition and Future Prospects

This additional acquisition aims to enhance asset value and liquidity, and the asset management company has positively evaluated it. The ownership ratio after acquisition will be approximately 88.27%, with minimal impact on management conditions, and there are no changes to the management forecasts for the fiscal periods ending June and December 2026.

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

Japan Real Estate Investment Corporation

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