Supplementary explanation related to the acquisition of the Akishima Ekimae Building and the upward revision of the distribution guidance for the fiscal year ending May 2027. The acquired asset is a small- to mid-sized office property near a station in Akishima, Tokyo, with expectations of rental growth and internal growth, suggesting external growth as well.<\/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,"price_fetched_at":"","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":"8966","jir_company_name":"Heiwa Real Estate REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8966-20260924-03.pdf","jir_short_summary":"Supplementary explanation related to the acquisition of the Akishima Ekimae Building and the upward revision of the distribution guidance for the fiscal year ending May 2027. The acquired asset is a small- to mid-sized office property near a station in Akishima, Tokyo, with expectations of rental growth and internal growth, suggesting external growth as well.","jir_summary":"### Section heading\nThe supplementary materials released today detail the overview of the acquisition asset for HF Akishima Ekimae Building, surrounding development conditions, and the upward revision of the distribution for the fiscal year ending May 2027. The acquired asset is a small-to-medium office property near a station in Akishima City, Tokyo, with high visibility and expectations for rental demand stabilization; as of August 2026, the rental gap is -14.7%, indicating a discount relative to market rent levels. Furthermore, the acquisition is expected to increase distributions through both external and internal growth.\n\n### Section 2 heading\nThe overview of the acquisition asset and the growth prospects for rental income explain the room for improvement in the rental gap as of the end of August 2026, and accelerated internal growth based on projected rental income growth in 2026 and beyond. Additionally, the distribution guidance for the fiscal year ending May 2027 is revised upward from 4,040 yen to 4,070 yen, and continuing rental income growth is expected to support higher distributions.","jir_financial_highlights":"Acquisition price (planned): 2,230 million yen (Unknown)\nAppraised value (as of 2026\/9): 2,860 million yen (Unknown)\nNOI yield: 6.0% ((5.1%))\nNOI yield after depreciation: 5.6% ((4.7%))\nRental vacancy gap rate: -14.7% (Unknown)","jir_category":"","jir_hashtags":"#HeiwaRealEstateREIT, #TimelyDisclosure, #RentGrowth, #Akishima, #ExternalGrowth, #InternalGrowth","jir_key_figures":"Acquisition price (planned): 2,230 million yen\nAppraised value (as of 2026\/9): 2,860 million yen\nNOI yield: 6.0%\nNOI yield after depreciation: 5.6%\nRental vacancy gap rate: -14.7%","jir_meta_title":"Heiwa Real Estate REIT, Inc. Akishima Ekimae Building Acquisition and Upward Revision of Distribution Forecast | FY May 2027","jir_meta_description":"Heiwa Real Estate REIT, Inc. announces the acquisition of the HF Akishima Ekimae Building. The document details financial metrics such as acquisition price, appraised value, NOI yield, and rental gap, and outlines the plan to raise the distribution forecast for the fiscal year ending May 2027.","jir_og_title":"Heiwa Real Estate REIT, Inc. Acquisition of Akishima Ekimae Building and Upward Revision of Distribution Forecast","jir_og_description":"Announcement of the acquisition of Akishima Ekimae Building and upward revision of the distribution forecast for the fiscal year ending May 2027. Expectation of stable cash flow growth through rental growth and internal growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8996,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-122764","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n