The target asset is the office building \u201cWORK VILLA MYJ kanda\u201d in Chiyoda, Tokyo, with an expected acquisition price of 8,400 million yen. The seller is Sumitomo Corporation and one domestic operating company. The planned acquisition date is January 15, 2027, and the acquisition agreement was signed on August 20.<\/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":"3296","jir_company_name":"Japan Real Estate Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3296-20260820-01.pdf","jir_short_summary":"The target asset is the office building \u201cWORK VILLA MYJ kanda\u201d in Chiyoda, Tokyo, with an expected acquisition price of 8,400 million yen. The seller is Sumitomo Corporation and one domestic operating company. The planned acquisition date is January 15, 2027, and the acquisition agreement was signed on August 20.","jir_summary":"### Purpose and overview of the acquisition\nThis trust aims to enhance portfolio quality by acquiring relatively new, inflation-resistant properties. The current acquisition is a new, relatively new office building in a central urban area, with Sumitomo Corporation and one domestic operating company as counterparties. The acquisition price is 8,400 million yen, and the trust beneficiary interests are planned to be acquired on January 15, 2027.\n\n### Characteristics of the acquired asset and financial impact\nThe asset is located in Chiyoda Ward, with a high occupancy rate (100% as of the end of July 2026). Appraised value is 9,180 million yen, with appraisals from direct capitalization and discounted cash flow methods. The investment aims to improve NOI and generate cash flow for internal growth, expecting future rent growth. The transaction involves a forward commitment, and settlement is planned to be made in a lump sum using borrowings and cash on hand.","jir_financial_highlights":"Acquisition price (planned): 8,400 (Unknown)\nAcquisition date (planned): January 15, 2027 (Unknown)\nProperty name: WORK VILLA MYJ kanda (Unknown)","jir_category":"","jir_hashtags":"#JapanReal Estate Investment Corporation, #DomesticRealEstateTrustBeneficiaryInterestAcquisition, #PortfolioResilience","jir_key_figures":"Acquisition price (planned): 8,400 \u767e\u4e07\u5186\nAcquisition date (planned): 2027 \u5e74 1 \u6708 15 \u65e5\nAppraised value: 9,180 \u767e\u4e07\u5186","jir_meta_title":"\u3010Japan Real Estate Investment Corporation\u3011Acquisition Decision of Domestic Real Estate Trust Beneficiary Interest\uff5cWORK VILLA MYJ kanda","jir_meta_description":"Japan Real Estate Investment Corporation decides to acquire WORK VILLA MYJ kanda in Chiyoda. Acquisition price is 8,400 million yen; counterparties include Sumitomo Corporation and domestic operating companies. A move aimed at portfolio strengthening and cash flow generation.","jir_og_title":"Japan Real Estate Investment Corporation\uff5cAcquisition Decision for WORK VILLA MYJ kanda","jir_og_description":"Plans to acquire a centrally located, relatively new office property. Acquisition price is 8,400 million yen; counterparties include Sumitomo Corporation and domestic operating companies. Aimed at NOI improvement and cash flow generation.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9076,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-105752","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n