To realize disposal gains, IIF Shinagawa Data Center transfer decision made. Planned transfer price is 9,500 million yen, book value is 5,444 million yen, resulting difference about 4,055 million yen. Disposal proceeds to be fully distributed over two periods: fiscal year ending January 2027 and July 2027. Transfer counterparty is a domestic operating company; inter-ownership agreement imposes restrictions on transfer to third parties. Appraisal value is 7,480 million yen, yield on return 4.7%, and a 7.41 billion yen valuation via DCF.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3249","jir_company_name":"Industrial Fund Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3249-20260817-03.pdf","jir_short_summary":"To realize disposal gains, IIF Shinagawa Data Center transfer decision made. Planned transfer price is 9,500 million yen, book value is 5,444 million yen, resulting difference about 4,055 million yen. Disposal proceeds to be fully distributed over two periods: fiscal year ending January 2027 and July 2027. Transfer counterparty is a domestic operating company; inter-ownership agreement imposes restrictions on transfer to third parties. Appraisal value is 7,480 million yen, yield on return 4.7%, and a 7.41 billion yen valuation via DCF.","jir_summary":"### Overview of Transfer\nDecision to transfer IIF Shinagawa Data Center. Planned transfer price is 9,500 million yen, book value 5,444 million yen. The transferee is a domestic operating company, ownership stakes of 30% and 70% to be transferred in two stages. It is a forward commitment-type sale and purchase agreement, with the transfer contract signing date on the same day.\n\n### Purpose and Outlook of Transfer\nAs part of a strategy to improve capital efficiency by internal growth, realization of hidden gains, and external growth, anticipated upside in future cash flows, and plan to distribute disposal gains over two periods in 2027. Proceeds to be allocated to acquisitions of inflation-resistant assets and debt repayment.","jir_financial_highlights":"Planned transfer price: 9,500 \u767e\u4e07\u5186 (\u4e0d\u660e)\nBook value: 5,444 \u767e\u4e07\u5186 (\u4e0d\u660e)\nTransfer spread: 4,055 \u767e\u4e07\u5186 (\u4e0d\u660e)\nAppraisal value (investigation value): 7,480 \u767e\u4e07\u5186 (\u4e0d\u660e)\nYield on return: 4.7\uff05 (\u4e0d\u660e)","jir_category":"","jir_hashtags":"#IndustrialFundInvestmentCorporation, #Transfer, #DataCenter, #ForwardCommitment","jir_key_figures":"Planned transfer price: 9,500 \u767e\u4e07\u5186\nBook value: 5,444 \u767e\u4e07\u5186\nTransfer spread: 4,055 \u767e\u4e07\u5186","jir_meta_title":"\u3010Industrial Fund Investment Corporation\u3011Domestic Real Estate Transfer Notice\uff5cIIF Shinagawa Data Center","jir_meta_description":"Disposal of IIF Shinagawa Data Center decided. Transfer price 9,500 million yen, book value 5,444 million yen, appraisal value 7,480 million yen. Disposal proceeds to be distributed over two periods. Details on future capital strategy and use of funds.","jir_og_title":"\u3010Industrial Fund Investment Corporation\u3011Domestic Real Estate Transfer Notice\uff5cIIF Shinagawa Data Center","jir_og_description":"Announcement of the transfer decision for IIF Shinagawa Data Center. Transfer price 9,500 million yen, book value 5,444 million yen, appraisal value 7,480 million yen. Disposal proceeds to be distributed over two periods. Funds usage also disclosed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8014,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-104673","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n