Heiwa Real Estate REIT, Inc.
Notice Regarding Domestic Asset Transfer (HF Nishi-Shinjuku Residence WEST, HF Nishi-Shinjuku Residence EAST)
Heiwa Real Estate REIT, Inc. plans to transfer HF Nishi-Shinjuku Residence WEST (3.5 billion yen) and EAST (2.05 billion yen), expecting a total transfer gain of approximately 5.55 billion yen.
Key Figures
- HF Nishi-Shinjuku Residence WEST Transfer Price: 3,500 million yen
- HF Nishi-Shinjuku Residence EAST Transfer Price: 2,050 million yen
- Total Expected Transfer Gain: Approx. 2,498 million yen
- Transfer Contract Signing Date: 2026-04-27
- Scheduled Transfer Date: 2026-05-29
AI要約
Overview and Reason for Asset Transfer
Heiwa Real Estate REIT, Inc. has decided to transfer two residences over 20 years old (HF Nishi-Shinjuku Residence WEST and EAST). The transfer prices are 3.5 billion yen for WEST and 2.05 billion yen for EAST, both expected to generate substantial transfer gains exceeding their book values. This transaction aims to realize transfer gains, enhance liquidity on hand, and expand capacity for future property acquisitions. The transferee remains undisclosed but is not a related party.
Outlook and Portfolio
The impact of this transfer on the operational forecast for the fiscal year ending May 2026 has been separately disclosed, with minimal effect expected for the fiscal year ending November 2026. A post-transfer portfolio list is also attached. The company aims to continuously improve asset quality and profitability while securing stable revenues over the medium to long term. The intermediary is Heiwa Real Estate Co., Ltd., which is disclosed as a related party.
Heiwa Real Estate REIT, Inc.
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