United Urban Investment Corporation

8960.T
REIT - Diversified
2026/08/21 Updated
Market Cap: $3.3B (¥517.8B)
Stock Price: $1,017.72 (¥161,800)
Exchange Rate: 1 USD = ¥158.98

Notice on Acquisition of Bounce-by-Lega 福岡博多 by an asset management company (minor revision)

Acquired the asset ‘Bounce by Liiga Fukuoka Hakata’ as an additional asset. Acquisition price 4,502 million yen, acquisition date 2026-06-30, yield based on appraisal NOI about 6.0% (NOI basis), yield after appraisal depreciation about 4.0%. Acquisition funds to be funded internally. Anticipated minimal impact on this term and next term’s operations.

Importance:
Page Updated: July 12, 2026
IR Disclosure Date: June 30, 2026

Key Figures

  • Acquisition price: 4,502 million yen
  • Appraised value: 6,280 million yen
  • NOI yield: 6.0%
  • Yield after depreciation: 4.0%
  • Acquisition date: 2026年6月30日

AI要約

Section heading

This investment trust will acquire the Bounce by Liiga Hakata in the Fukuoka Hakata area, through Marubeni Reit Advisors Co., Ltd., an asset management company. Acquisition price is 4,502 million yen, on an acquisition date of June 30, 2026. Appraised value is approximately 6,280 million yen (NOI yield 6.0%, yield after depreciation 4.0%, includes buildings under construction at acquisition). Acquisition funds are planned to be principally internal funds. The property is an 11-story hotel and is intended to supplement the portfolio including metropolitan and regional properties.

Section 2 heading

The acquired asset is located in the Hakata-Gion area of Hakata, Fukuoka City, in a location close to Canal City Hakata with good access to major stations. Operations are managed by hotel operator Royal Hotel, leveraging operational capacity in coordination with existing REIT assets. This acquisition aims to expand the portfolio, and while yields are based on appraisal assumptions, expected impact on current and next term operations is minimal.

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

United Urban Investment Corporation

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