Mori Hills REIT Investment Corporation renews the lease and property management operations outsourcing contract with Mori Building Co., Ltd. for the Roppongi Hills Mori Tower it owns, effective August 1, 2026, maintaining the monthly rent of JPY 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Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-03-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3234-20260317-05.pdf","jir_short_summary":"Mori Hills REIT Investment Corporation renews the lease and property management operations outsourcing contract with Mori Building Co., Ltd. for the Roppongi Hills Mori Tower it owns, effective August 1, 2026, maintaining the monthly rent of JPY 99,298,930.","jir_summary":"### Overview of Transactions with Related Parties\nMori Hills REIT Investment Corporation will renew the lease and property management operations outsourcing contract for the 23rd and 24th floors of Roppongi Hills Mori Tower, owned by the corporation, with Mori Building Co., Ltd., the major investor and parent company of the asset management company, effective August 1, 2026. The contract employs a fixed-type master lease method, covering a leased area of 8,993.45 sqm and a monthly rent of JPY 99,298,930, unchanged from before renewal. The contract period is three years from August 1, 2026 to July 31, 2029.\n\n### Procedures and Future Outlook\nThe asset management company has conducted procedures in accordance with the Investment Trust Act and the asset management entrustment contract, following the related-party transaction regulations to protect the interests of this investment corporation. For detailed future operational status, please refer to the 'Financial Summary for the January 2026 Term (REIT)' published on the same date.","jir_financial_highlights":"Monthly Rent after Renewal: JPY 99,298,930 (Same as before renewal)\nLeased Area: 8,993.45 sqm (Unknown)\nContract Period (Post-renewal): From August 1, 2026 to July 31, 2029 (New)","jir_category":"","jir_hashtags":"#MoriHillsREITInvestmentCorporation, #RelatedPartyTransactions, #JapanStocks","jir_key_figures":"Monthly Rent after Renewal: JPY 99,298,930 (Same as before renewal)\nLeased Area: 8,993.45 sqm\nContract Period (Post-renewal): From August 1, 2026 to July 31, 2029","jir_meta_title":"Mori Hills REIT Investment Corporation Renews Roppongi Hills Mori Tower Lease Contract at Approximately JPY 99.3 Million Monthly Rent","jir_meta_description":"Mori Hills REIT Investment Corporation renews the lease contract of Roppongi Hills Mori Tower with major investor Mori Building Co., Ltd., effective August 1, 2026, maintaining the monthly rent at JPY 99,298,930. The contract term spans three years.","jir_og_title":"Mori Hills REIT Renews Lease Contract for Roppongi Hills Mori Tower","jir_og_description":"Mori Hills REIT Investment Corporation renews the lease contract with Mori Building Co., Ltd., maintaining the monthly rent at approximately JPY 99.3 million.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8728,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-35118","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n