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 Asset Transfer (Transfer Completed: Tenjin North Front Building)

Fukuoka REIT Corporation completed the transfer of a 16% quasi-co-ownership interest in the Tenjin North Front Building to ORIX JREIT Corporation for 1,016 million yen on February 26, 2026.

Importance:
Page Updated: February 26, 2026
IR Disclosure Date: February 26, 2026

Key Figures

  • Transfer Price: 1,016 million yen (16% quasi-co-ownership interest)
  • Transfer Date: 2026-02-26
  • Transferee: ORIX JREIT Corporation

AI要約

Overview of Asset Transfer

Fukuoka REIT Corporation transferred a 16% quasi-co-ownership interest in the Tenjin North Front Building to ORIX JREIT Corporation, with the transfer price amounting to 1,016 million yen. The transfer was completed on February 26, 2026. This transfer corresponds to the fourth installment in a plan, announced on August 28, 2024, to execute six transfers in total. The transfer price excludes miscellaneous expenses, tax adjustments, and consumption tax.

Future Outlook and Impact

Regarding investment risks associated with this property transfer, there are no material changes from those disclosed in the 42nd Securities Report submitted on November 27, 2025. The remaining quasi-co-ownership interests are scheduled to be transferred on August 27, 2026, and February 25, 2027, aiming to enhance asset management efficiency.

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