{"id":30260,"date":"2026-02-19T17:04:12","date_gmt":"2026-02-19T08:04:12","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2972-20260219-01_wp_tender_offer\/"},"modified":"2026-02-19T17:04:12","modified_gmt":"2026-02-19T08:04:12","slug":"2972-20260219-01_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2972\/ir\/2972-20260219-01_wp_tender_offer\/","title":{"rendered":"Notice Regarding Changes to Tender Offer Conditions for Investment Units of Sankei Real Estate Investment Corporation (Ticker Code: 2972) by Tiger Investment Limited Partnership and Lion Investment Limited Partnership"},"content":{"rendered":"<p>Tender offer period extended to March 6, 2026, totaling 40 business days. A substantial effective increase equivalent to a dividend of 2,773 yen per unit occurs, providing unitholders an additional opportunity to decide on their application.<\/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":"2972","jir_company_name":"Sankei Real Estate Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/2972-20260219-01.pdf","jir_short_summary":"Tender offer period extended to March 6, 2026, totaling 40 business days. A substantial effective increase equivalent to a dividend of 2,773 yen per unit occurs, providing unitholders an additional opportunity to decide on their application.","jir_summary":"### Overview of Changes to Tender Offer Conditions\nTiger Investment Limited Partnership and Lion Investment Limited Partnership have extended the tender offer period for investment units of Sankei Real Estate Investment Corporation, which commenced on January 7, 2026, from the initially planned 30 business days until February 19, 2026, to 40 business days until March 6, 2026. The tender offer price remains unchanged at 125,000 yen. Due to the extension of the tender offer period, unitholders are granted the right to receive the dividend for the fiscal year ending February 2026 (forecasted at 2,773 yen), effectively increasing the amount receivable.\n\n### Impact on Unitholders and Future Policy\nUnitholders who apply for the tender offer will be able to receive both the dividend and the tender offer price, and from the perspective of fairness, unitholders who do not apply are also scheduled to receive cash payments at a price without deducting the dividend. Following the successful completion of the tender offer, an extraordinary unitholders meeting is scheduled, including a consolidation of investment units. Delisting is expected to reduce listing maintenance costs and enable more flexible business development. Furthermore, all directors subject to the tender offer and the independent special committee have unanimously resolved to support the tender offer.","jir_financial_highlights":"Tender Offer Period: 2026-01-07 to 2026-03-06 (40 business days) (Period extension (extended from originally 30 business days to 40 business days))\nTender Offer Price: 125,000 yen (No change)\nDividend for Fiscal Year Ending February 2026 (per unit): 2,773 yen (forecast) (Substantially increased (becomes receivable due to extended tender offer period))","jir_category":"","jir_hashtags":"#SankeiRealEstateInvestmentCorporation, #TenderOffer, #TOB, #JREIT, #JapaneseStocks","jir_key_figures":"Tender Offer Period: 2026-01-07 to 2026-03-06 (40 business days)\nTender Offer Price: 125,000 yen (no change)\nDividend for Fiscal Year Ending February 2026 (forecast): 2,773 yen (per unit)","jir_meta_title":"Sankei Real Estate Investment Corporation Extends Tender Offer Period to 40 Business Days, Effectively Increasing Dividend by 2,773 Yen","jir_meta_description":"The tender offer period of Sankei Real Estate Investment Corporation is extended until March 6, 2026, resulting in an effective increase equivalent to a dividend of 2,773 yen per unit. This provides unitholders with an additional opportunity to decide on their application.","jir_og_title":"Sankei Real Estate Investment Corporation Extends Tender Offer Period and Increases Dividend","jir_og_description":"Tender offer period extended to 40 business days, realizing an effective increase equivalent to a dividend of 2,773 yen per unit. Additional application opportunity offered to unitholders.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17224,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-30260","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 Changes to Tender Offer Conditions for Investment Units of Sankei Real Estate Investment Corporation (Ticker Code: 2972) by Tiger Investment Limited Partnership and Lion Investment Limited Partnership - 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-2972\/ir\/2972-20260219-01_wp_tender_offer\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2972\/ir\/2972-20260219-01_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2972\/ir\/2972-20260219-01_wp_tender_offer\/\",\"name\":\"Notice Regarding Changes to Tender Offer Conditions for Investment Units of Sankei Real Estate Investment Corporation (Ticker Code: 2972) by Tiger Investment Limited Partnership and Lion Investment Limited Partnership - 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