Japan Metropolitan Fund Investment Corporation
Completion of Transfer of Domestic Real Estate Trust Beneficiary Interest [AEON Mall Sapporo Naebo (40% Quasi-Co-ownership Interest)] and Notice Regarding Gain on Sale and Utilization Policy of Transfer Proceeds
The transfer price for AEON Mall Sapporo Naebo (40% quasi-co-ownership interest) is 3,720 million yen, with a gain on sale of 1,447 million yen, completed on February 27, 2026. The gain on sale is planned to be returned in full as a principle.
Key Figures
- Transfer Price: 3,720 million yen (40% quasi-co-ownership interest)
- Expected Gain on Sale: 1,447 million yen (to be recorded in fiscal year ending February 2026)
- Transfer Date: 2026-02-27
AI要約
Overview of Transfer
Nippon Urban Fund Investment Corporation completed today the transfer of the domestic real estate trust beneficiary interest of AEON Mall Sapporo Naebo (40% quasi-co-ownership interest) which was announced on July 20, 2022. The transfer price is 3,720 million yen, with an expected gain on sale of 1,447 million yen, both to be recorded in the fiscal year ending February 2026 (the 48th period). This completes all transfers related to the same project.
Gain on Sale Return and Utilization Policy of Funds
The gain on sale of 1,447 million yen is basically planned to be returned in full. The funds derived from the transfer will be applied to repay short-term borrowings associated with the property acquired on August 27, 2025. This aims to strengthen financial health while prioritizing capital returns to shareholders.