{"id":132611,"date":"2026-10-19T16:09:38","date_gmt":"2026-10-19T07:09:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8984-20261019-03_wp_corporate_restructuring\/"},"modified":"2026-10-19T16:09:38","modified_gmt":"2026-10-19T07:09:38","slug":"8984-20261019-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests"},"content":{"rendered":"<p>Decided to transfer D Project Tosu III and DPL Inuyama. Total sale price is unspecified, but transfer gains of approximately 4,193 million yen are expected. Sales contracts were executed on October 30, 2026, and distributions will be increased stably by spreading proceeds over two periods: the fiscal periods ending February 2027 and August 2027. The transferees involve Tosu LLC and entities related to Daiwa House Industry Co., Ltd., reflecting asset replacement to return unrealized gains to unitholders and expectations for internal growth.<\/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":"8984","jir_company_name":"Daiwa House REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/8984-20261019-03.pdf","jir_short_summary":"Decided to transfer D Project Tosu III and DPL Inuyama. Total sale price is unspecified, but transfer gains of approximately 4,193 million yen are expected. Sales contracts were executed on October 30, 2026, and distributions will be increased stably by spreading proceeds over two periods: the fiscal periods ending February 2027 and August 2027. The transferees involve Tosu LLC and entities related to Daiwa House Industry Co., Ltd., reflecting asset replacement to return unrealized gains to unitholders and expectations for internal growth.","jir_summary":"### Overview and Background of the Transfer\nThe investment corporation is promoting portfolio replacement as part of its external growth strategy to improve profitability and reduce average building age. This time, it has decided to transfer D Project Tosu III and DPL Inuyama, selling properties with limited internal growth prospects and returning unrealized gains to unitholders. The transferees are Tosu LLC and parties related to Daiwa House Industry Co., Ltd., and the portfolio allocation will be rebalanced after the transfers.\n\n### Outlook and Distribution Policy\nTransfer gains are expected to be approximately 4,193 million yen, and the plan is to stably increase distributions by allocating proceeds over the fiscal periods ending February 2027 and August 2027. The expected asset appraisal values related to the transfers are 11,100 million yen for D Project Tosu III and 4,730 million yen for DPL Inuyama, with the total aimed at improving portfolio quality.","jir_financial_highlights":"Total Planned Transfer Price: Unknown (Unknown)\nEstimated Transfer Gain: approx. 4,193 million yen (Unknown)\nTotal Appraised Value: 15,830 million yen (Unknown)","jir_category":"","jir_hashtags":"#DaiwaHouseREITInvestmentCorporation, #TransferOfRealEstateTrustBeneficiaryInterests","jir_key_figures":"Total Planned Transfer Price: Unknown\nEstimated Transfer Gain: approx. 4,193 million yen\nAppraised Values: D Project Tosu III 11,100 million yen \/ DPL Inuyama 4,730 million yen","jir_meta_title":"Daiwa House REIT Investment Corporation Announces Transfer of Domestic Real Estate Trust Beneficiary Interests | October 2026","jir_meta_description":"Daiwa House REIT Investment Corporation has decided to transfer D Project Tosu III and DPL Inuyama. Approximately 4,193 million yen of transfer gains will be returned to unitholders to support ongoing increases in distributions. Details on timing and counterparties are provided.","jir_og_title":"Daiwa House REIT Investment Corporation Notice of Transfer Decision","jir_og_description":"Announcement of the transfer of D Project Tosu III and DPL Inuyama. Approximately 4,193 million yen of transfer gains will be used for distributions to improve portfolio quality and profitability.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7746,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132611","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>Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests - 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\/8984-20261019-03_wp_corporate_restructuring\/\" \/>\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\/8984-20261019-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-10-19T07:09:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/","url":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/","name":"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-10-19T07:09:38+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-8984\/ir\/8984-20261019-03_wp_corporate_restructuring\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Interests"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"7746","title":"DAIWA HOUSE REIT INVESTMENT COR","ticker":"8984"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/132611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=132611"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/132611\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=132611"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=132611"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=132611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}