Daiwa Living REIT Investment Corporation plans to acquire the condominium “Gran Casa Sumiyoshi II” in Koto-ku, Tokyo, for 1,440 million yen. The appraised value is 1,980 million yen, and the acquisition is scheduled to be completed by March 31, 2026.<\/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":"8986","jir_company_name":"Daiwa Living REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/8986-20260122-01.pdf","jir_short_summary":"Daiwa Living REIT Investment Corporation plans to acquire the condominium \"Gran Casa Sumiyoshi II\" in Koto-ku, Tokyo, for 1,440 million yen. The appraised value is 1,980 million yen, and the acquisition is scheduled to be completed by March 31, 2026.","jir_summary":"### Overview of Acquired Property\nDaiwa Living REIT Investment Corporation has decided to acquire \"Gran Casa Sumiyoshi II\" located in Koto-ku, Tokyo (a 10-story reinforced concrete building with 45 rentable units, scheduled for completion in March 2026). The planned acquisition price is 1,440 million yen, and the appraised value is 1,980 million yen. The property primarily targets singles and DINKS, is located approximately a 10-minute walk from the station, and is well-served by convenient lifestyle facilities. The equipment is well-equipped aiming for stable revenue generation.\n\n### Background of Acquisition and Future Outlook\nThis acquisition aims to diversify and enhance the portfolio and meets the tenant selection criteria. The acquisition funds will be sourced from cash on hand, with completion scheduled for March 31, 2026. The impact on the operations for the fiscal year and half year ending March and September 2026 is expected to be minor, with no changes to operational forecasts. The seller is undisclosed but has no conflicts of interest.","jir_financial_highlights":"Planned Acquisition Price: 1,440 million yen (Unknown)\nAppraised Value: 1,980 million yen (Unknown)\nScheduled Acquisition Date: 2026-03-31 (Unknown)","jir_category":"","jir_hashtags":"#DaiwaLivingREITInvestmentCorporation, #BusinessUpdate, #RealEstateAcquisition","jir_key_figures":"Planned Acquisition Price: 1,440 million yen\nAppraised Value: 1,980 million yen (as of January 1, 2026)\nScheduled Acquisition Date: 2026-03-31","jir_meta_title":"Daiwa Living REIT Investment Corporation to Acquire Gran Casa Sumiyoshi II for 1,440 Million Yen","jir_meta_description":"Daiwa Living REIT Investment Corporation plans to acquire the newly built condominium \"Gran Casa Sumiyoshi II\" in Koto-ku, Tokyo for 1,440 million yen. Acquisition will be completed by the end of March 2026 with minimal impact on operations.","jir_og_title":"Daiwa Living REIT Investment Corporation Plans Acquisition of Gran Casa Sumiyoshi II","jir_og_description":"Plans to acquire a newly built condominium in Koto-ku, Tokyo for 1,440 million yen. The acquisition will be completed by the end of March 2026 aiming for stable income.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8764,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-20414","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n