Heiwa Real Estate REIT, Inc.

8966.T
REIT - Diversified
2026/10/27 11:29 Updated
Market Cap: $1.1B (¥169.8B)
Stock Price: $802.64 (¥126,400)
Exchange Rate: 1 USD = ¥157.48

Notice Regarding Acquisition and Disposition of Domestic Assets

Acquisition of four recently built residential properties in central Tokyo and Osaka and disposition of one property over 20 years old. Total acquisition amount is approx. 8,020 million yen, and expected gain on disposition is approx. 4,440 million yen. Acquired assets are recent ORSUS-series properties with environmental certifications; NOI yields are around 4.0%–4.6%. The disposed asset carries an unrealized gain, and this transaction aims to strengthen returns to unitholders. Future operating status will be disclosed in revised outlook materials as appropriate.

Importance:
Page Updated: October 27, 2026
IR Disclosure Date: October 27, 2026

Key Figures

  • Number of Assets Scheduled for Acquisition: 4 properties (Shimurasakashita, Oshiage, Nishinippori, Shin-Osaka)
  • Total Scheduled Acquisition Amount: 8,020 million yen
  • Planned Disposition Asset: Shirokane Takanawa Residence Sale Price 8,000 million yen

AI要約

Overview of Acquisitions and Disposition

The REIT will execute acquisition and disposition transactions for a total of five properties concentrated in central areas including the 23 wards of Tokyo and Osaka. The assets scheduled for acquisition are four properties in Shimurasakashita, Oshiage, Nishinippori and Shin-Osaka, each featuring NOI yields of 4.1%–4.6%, recent construction, and environmental certifications such as A-rank. The asset planned for disposition is Shirokanedai/Takanawa Residence with an expected sale price of 8,000 million yen and an estimated gain of 4,440 million yen. Acquisition funding will be a combination of borrowings and internal funds, including conditions such as forward commitments. Overall, these transactions aim to improve portfolio quality and profitability.

Outlook and Unitholder Value

Through this asset rotation, the REIT expects to increase the proportion of recently built, environmentally certified assets while leveraging unrealized gains to strengthen returns to unitholders. Future operating conditions and any revised outlook will be disclosed in separate announcements, with a policy to maintain or improve distribution levels. Each acquisition and disposition procedure will be appropriately approved among relevant parties, and the financial impact is expected to be limited.

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

Heiwa Real Estate REIT, Inc.

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