Starts Proceed Investment Corporation
Notice Regarding Acquisition of Domestic Real Estate Trust Beneficiary Rights
Starts Proceed Investment Corporation announced plans to acquire domestic real estate trust beneficiary rights for four properties in Tokyo and Chiba Prefecture totaling JPY 2,854,000 thousand. The acquisition dates are March 31, 2026 and April 24, 2026.
Key Figures
- Total Planned Acquisition Price: 2,854,000 thousand yen
- Number of Acquired Properties: 4 properties
- Planned Acquisition Dates: 2026-03-31, 2026-04-24
AI要約
Overview of Acquired Assets
Starts Proceed Investment Corporation plans to acquire domestic real estate trust beneficiary rights for four properties located in Edogawa-ku, Fuchu City, Suginami-ku in Tokyo, and Kashiwa City in Chiba Prefecture, totaling JPY 2,854,000 thousand. The acquired properties include newly built and residential buildings over 30 years old, with a total of 109 rental units. The portfolio is expected to demonstrate rental income stability and growth potential. Acquisition funding will be sourced from a portion of borrowings and internal funds, with acquisition dates set for March 31, 2026 and April 24, 2026.
Reasons for Acquisition and Future Outlook
Although the properties older than 30 years were once sold considering maintenance cost burdens, re-acquisition was decided based on their profitability, growth potential, and stability. The other acquired properties are newly built and are expected to contribute to portfolio growth and stability. The seller is a related party of the asset management company, and the acquisition has been properly approved in accordance with laws and internal regulations. Future operational status and distribution forecasts revisions will be announced separately.
