ORIX JREIT Inc.
Notice Regarding Acquisition of Domestic Real Estate Trust Beneficiary Interest (Kamata Prime), Transfer of Domestic Real Estate Trust Beneficiary Interest (Hamamatsu Act Tower), and Change in Subsidiary of Asset Management Company
ORIX JREIT Inc. plans to acquire Kamata Prime (acquisition price 11.3 billion yen, appraised NOI yield 3.8%) and transfer Hamamatsu Act Tower (transfer price 6.86 billion yen, transfer gain approx. 1.52 billion yen). Changes in the subsidiary of the asset management company will also be executed.
Key Figures
- Scheduled Acquisition Price of Kamata Prime: 11,300 million yen
- Scheduled Transfer Price of Hamamatsu Act Tower (40% portion): 6,860 million yen
- Total Transfer Gain of Hamamatsu Act Tower: 1,523 million yen
AI要約
Overview of the Transaction
ORIX JREIT Inc. plans, as of March 10, 2026, to acquire the real estate trust beneficiary interest of the office building 'Kamata Prime' located in Ota-ku, Tokyo Prefecture, for approximately 11.3 billion yen. Additionally, it plans to transfer 40% of the trust beneficiary interest of 'Hamamatsu Act Tower' in Hamamatsu City, Shizuoka Prefecture, for about 6.86 billion yen, expecting a transfer gain of approximately 1.52 billion yen. Along with the transfer, the shares of Act City Management Co., Ltd., a subsidiary of the asset management company, will also be transferred, and this subsidiary is expected to cease to be a subsidiary of the asset management company as of September 1, 2026.
Reason for the Transaction and Future Outlook
Kamata Prime is a highly accessible and rare property, expected to capture firm office demand in the Tokyo metropolitan area and offer potential upside in the future. Hamamatsu Act Tower, a landmark tower aged 31 years, received high evaluation from the transferee, realizing latent gains; considering proposals for regional revitalization, the transfer decision was made. Operational status and distribution forecasts for the period after August 2026 are currently being examined and will be announced at the financial results briefing on April 21, 2026.