Fukuoka REIT Corporation

8968.T
REIT - Diversified
2026/03/02 Updated
Market Cap: $1.0B (¥161.6B)
Stock Price: $1,190.40 (¥186,000)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Change of Master Lease and Property Management Company for Owned Assets

Effective March 1, 2026, the MLPM companies for D-Wing Tower and Granfore Yakuin Minami will be changed from Good Real Estate Co., Ltd. to Miyoshi Asset Management Co., Ltd.

Importance:
Page Updated: February 25, 2026
IR Disclosure Date: February 25, 2026

Key Figures

  • Change Date: 2026年3月1日
  • Number of Properties Subject to Change: 2 properties (D-Wing Tower and Granfore Yakuin Minami)
  • MLPM Company Capital: 100 million yen (Miyoshi Asset Management Co., Ltd.)

AI要約

Overview of Change

Fukuoka REIT Investment Corporation has decided to change the master lease and property management company for its owned assets, specifically D-Wing Tower and Granfore Yakuin Minami, from Good Real Estate Co., Ltd. to Miyoshi Asset Management Co., Ltd., effective March 1, 2026. Miyoshi Asset Management Co., Ltd., the new company, already has a track record of managing 3 out of the 7 residential properties owned by the investment corporation, and will newly be entrusted with 2 additional properties this time.

Reason for Change and Future Outlook

The change is aimed at constructing a more stable operational framework and further improving management quality, reflecting a review of the operational system. There is no revision to the operational status forecasts for the periods ending February 2026 and August 2026 as indicated in the financial summary dated October 17, 2025. Miyoshi Asset Management Co., Ltd. was established in November 1972 with a capital of 100 million yen, located in Chuo-ku, Fukuoka City, and its business includes real estate management.

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