The fund will dispose of Ooedo Onsen Monogatari Premium Atami as part of a portfolio review, and plans to reflect disposal gains of 491 million yen in distributions for the fiscal period ending May 2027. 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Remaining funds will be considered for acquisition of new properties and domestic real estate trust beneficiary interests.","jir_summary":"### Key Points\nThe fund will dispose of Ooedo Onsen Monogatari Premium Atami to improve the portfolio's average building age and return the estimated disposal gain of 491 million yen to distributions for the fiscal period ending May 2027. The disposal gain will be allocated to current distributions, and remaining funds will be used to acquire new properties.\n\n### Outlook and Capital Allocation\nTo improve capital efficiency and address interest rate rise risks, incorporating increases in variable rents, distributions are expected to be raised to 2,017 yen per unit for the fiscal period ending November 2026 and to 3,000 yen per unit for the fiscal period ending May 2027. The fund will also consider acquiring domestic real estate trust beneficiary interests to promote asset rotation and portfolio risk diversification.","jir_financial_highlights":"Disposal Gain (Estimated): 491 million yen (Unknown)\nScheduled Disposal Date: 2026-12-11 (Unknown)\nForecast Distribution per Unit (FY ending November 2026): 2,017 yen (Prior forecast +1.4%)\nForecast Distribution per Unit (FY ending May 2027): 3,000 yen (Prior forecast +50.0%)","jir_category":"","jir_hashtags":"#NipponHotelResidentialInvestmentCorporation, #DisposalGain, #PortfolioReview, #Distribution","jir_key_figures":"Disposal Gain (Estimated): 491 million yen\nScheduled Disposal Date: 2026-12-11\nForecast Distribution per Unit: FY ending November 2026 2,017 yen\nForecast Distribution per Unit: FY ending May 2027 3,000 yen","jir_meta_title":"Nippon Hotel & Residential Investment Corporation \u2014 Notice on Disposal of Domestic Real Estate and Distribution Revision | 2026-11-04","jir_meta_description":"Nippon Hotel & Residential Investment Corporation announces a portfolio review including the disposal of Ooedo Onsen Monogatari Premium Atami and the reflection of disposal gains in distributions. Forecasts are 2,017 yen\/unit for the period ending November 2026 and 3,000 yen\/unit for the period ending May 2027.","jir_og_title":"Nippon Hotel & Residential Investment Corporation Notice on Disposal and Distribution Revision","jir_og_description":"The company will return disposal gains to distributions and accelerate portfolio risk diversification and new investments.","jir_og_image_url":"\/assets\/og\/company-tender_offer.jpg","jir_chart_data_collection":"[]","ir_related_company":57145,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-141126","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n