{"id":107331,"date":"2026-08-26T16:11:38","date_gmt":"2026-08-26T07:11:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8984-20260826-03_wp_dividend\/"},"modified":"2026-08-26T16:11:38","modified_gmt":"2026-08-26T07:11:38","slug":"8984-20260826-03_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20260826-03_wp_dividend\/","title":{"rendered":"Supplementary explanatory materials for the press release published today"},"content":{"rendered":"<p>Proceeding with acquiring growth-oriented hotels in urban areas and raising distribution levels by returning gains from property disposals over five periods. For the February 2027 term, DPU is expected to be up 6.8% from the previous forecast. Includes both sale plan and acquisition plan for the Naha City Center Building.<\/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":"8984","jir_company_name":"Daiwa House Reit Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8984-20260826-03.pdf","jir_short_summary":"Proceeding with acquiring growth-oriented hotels in urban areas and raising distribution levels by returning gains from property disposals over five periods. For the February 2027 term, DPU is expected to be up 6.8% from the previous forecast. Includes both sale plan and acquisition plan for the Naha City Center Building.","jir_summary":"### Section Title\nThis document is organized as supplementary explanatory materials for the notices regarding acquisition and transfer of domestic real estate trust beneficiary interests and transfers of domestic real estate, and notices regarding operations and distribution forecasts. It details the policy of enhancing investor value through asset replacement, including acquiring growth-oriented hotels in the city center at favorable yields and raising distribution levels through five years of disposals. The supplement includes specific information such as the planned acquisition price for MIMARU Tokyo Ikebukuro of 11,502 million yen, appraised value of 17,200 million yen, acquisition date scheduled for September 1, 2026, and presents indicators such as assumed NOI yield of 6.0% and after-depreciation NOI yield of 5.6%.\n\n### Section 2\nLooking ahead, it is emphasized that DPU for the February 2027 term is expected to rise by 6.8% from the previous forecast, and the policy of distributing gains from disposals over five years is maintained. The increase in DPU is explained as arising from a combination of acquisitions and sale gains, and while future distribution forecasts beyond 2028 are undecided, multiple property transfer schedules are noted. The continuity of portfolio reorganization aimed at enhancing investor value is highlighted.","jir_financial_highlights":"Per-unit expected distribution (DPU): 3,150\u5186 (This time forecast +5.8%)\nAssumed NOI yield: 6.0% (Based on assumed NOI)\nExpected selling price (Naha City Center Building): 10,600 \u767e\u4e07\u5186 (Assumed disposal gain 3,896 \u767e\u4e07\u5186)","jir_category":"","jir_hashtags":"#DaiwaHouse REIT, #RealEstateInvestmentTrust, #IRDisclosureSupplement","jir_key_figures":"1\u53e3\u5f53\u305f\u308a\u4e88\u60f3\u5206\u914d\u91d1\uff08DPU\uff09: 3,150\u5186\n\u524d\u56de\u4e88\u60f3\u6bd4: +5.8%\n\u60f3\u5b9aNOI: 6.0%\uff08\u60f3\u5b9aNOI\u5229\u56de\u308a\uff09","jir_meta_title":"\u3010Daiwa House Reit Investment Corporation\u3011Supplementary explanatory materials on portfolio enhancement through asset replacements and rising distributions","jir_meta_description":"Supplementary explanatory materials including the policy of acquiring and disposing city-center hotels and returning gains from disposals. Summarizes the upward revision of DPU for the February 2027 term and schedules for future disposals and acquisitions to inform investors.","jir_og_title":"Daiwa House Reit Investment Corporation Supplementary Explanatory Materials: Asset Replacement and Dividend Increase","jir_og_description":"Explanation of investor value enhancement through asset replacement and prospects for increased distributions. Summary of the expected rise in DPU for the February 2027 term and plans for disposal\/acquisition of major properties.","jir_og_image_url":"\/assets\/og\/company-dividend.jpg","jir_chart_data_collection":"[]","ir_related_company":7746,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-107331","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Supplementary explanatory materials for the press release published today - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20260826-03_wp_dividend\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20260826-03_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20260826-03_wp_dividend\/\",\"name\":\"Supplementary explanatory materials for the press release published today - 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