KDX REIT plans to acquire the residential facility \u201cKDX Residence Mizue\u201d in Edogawa-ku, Tokyo for 2,550 million yen and transfer the office building \u201cShintoshin Maruzen Building\u201d in Shinjuku-ku, Tokyo for 2,072 million yen, scheduled for April 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REIT","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8972-20260326-01.pdf","jir_short_summary":"KDX REIT plans to acquire the residential facility \u201cKDX Residence Mizue\u201d in Edogawa-ku, Tokyo for 2,550 million yen and transfer the office building \u201cShintoshin Maruzen Building\u201d in Shinjuku-ku, Tokyo for 2,072 million yen, scheduled for April 2026.","jir_summary":"### Transaction Overview\nKDX REIT is scheduled to acquire the trust beneficiary interest of the recently built designer condominium \u201cKDX Residence Mizue\u201d in Edogawa-ku, Tokyo (scheduled acquisition price 2,550 million yen, appraised value 2,810 million yen, appraised NOI yield 4.1%) on April 1, 2026. Meanwhile, it plans to transfer the sectional ownership office building \u201cShintoshin Maruzen Building\u201d in Shinjuku-ku, Tokyo (scheduled transfer price 2,072 million yen, book value estimate 1,989 million yen, appraised value 1,720 million yen, appraised NOI yield 4.0%) on April 3, 2026.\n\n### Purpose of the Transaction and Future Outlook\nThis transaction aims to improve portfolio quality and maximize investor value, with anticipated upside in rental income through acquisition of the residential facility. The decision to transfer the office building reflects declining profitability due to aging, and aims to reduce liquidity risk. As a result, portfolio quality and profitability are expected to improve, leading to mid- to long-term dividend growth. The impact on operational performance for the April and October 2026 periods is expected to be minor, with no forecast revisions.","jir_financial_highlights":"Scheduled Acquisition Price: 2,550 million yen (Unknown)\nScheduled Transfer Price: 2,072 million yen (Unknown)\nAppraised NOI Yield (Acquired Property): 4.1% (Unknown)\nAppraised NOI Yield (Transferred Property): 4.0% (Unknown)","jir_category":"","jir_hashtags":"#KDX_REIT, #BusinessStrategy, #RealEstateInvestmentTrust","jir_key_figures":"Acquired Property: KDX Residence Mizue Scheduled acquisition price 2,550 million yen, appraised value 2,810 million yen, appraised NOI yield 4.1%\nTransferred Property: Shintoshin Maruzen Building Scheduled transfer price 2,072 million yen, book value estimate 1,989 million yen, appraised value 1,720 million yen\nDifference between scheduled transfer price and book value estimate 82 million yen (expected elimination of latent loss)","jir_meta_title":"KDX REIT Announces Acquisition of Residential Facility for 2,550 Million Yen and Transfer of Office Building for 2,072 Million Yen","jir_meta_description":"KDX REIT will acquire the residential facility \u201cKDX Residence Mizue\u201d in Edogawa-ku, Tokyo for 2,550 million yen and transfer the \u201cShintoshin Maruzen Building\u201d in Shinjuku-ku for 2,072 million yen, aiming to enhance portfolio quality and profitability.","jir_og_title":"KDX REIT Announces Acquisition of Residential Facility and Transfer of Office Building","jir_og_description":"Improving portfolio quality through acquisition of a residential facility in Edogawa-ku and transfer of an office building in Shinjuku-ku.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7708,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-37038","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n