Japan Real Estate Investment Corporation
Notice Regarding Acquisition of Domestic Real Estate
Japan Real Estate Investment Corporation has additionally acquired a 28.68% interest in the Kanda Bridge Park Building for 2,150 million yen, increasing its ownership ratio to 85.44%.
Key Figures
- Acquisition Price: 2,150 million yen
- Ownership Percentage (Post-Acquisition): 85.44%
- Appraisal Value: 2,820 million yen (as of 2026-01-01)
AI要約
Overview and Reasons for Acquisition
Japan Real Estate Investment Corporation has decided to additionally acquire a 28.68% stake in the Kanda Bridge Park Building located in Chiyoda-ku, Tokyo for 2,150 million yen, raising its ownership from the existing 56.76% to 85.44%. This property is located in a prime area of central Tokyo with access to multiple train lines, featuring excellent basic specifications and functionality. Value-up construction work, including redesign of common areas, was completed in March 2025, expected to enhance both asset value and building operational efficiency.
Future Outlook and Impact on Operational Status
The impact of this additional acquisition on operations for the fiscal periods ending March 2026 and September 2026 is expected to be minor, with no revisions to operational forecasts. Post-acquisition, the property will continue to be leased in bulk to Mitsubishi Estate Co., Ltd. and operated under a master lease agreement, consistent with the existing ownership portion. The acquisition funds will be settled in lump sum from available cash.
