Scheduled acquisition of the residential facility ‘KDX Residence Mizue’ for approximately JPY 2.55 billion. Scheduled disposal of the office building ‘Shintoshin Maruzen Building’ for approximately JPY 2.072 billion. Both transactions are planned for April 1 and April 3, 2026 respectively.<\/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":"8972","jir_company_name":"KDX REIT Management, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8972-20260326-02.pdf","jir_short_summary":"Scheduled acquisition of the residential facility 'KDX Residence Mizue' for approximately JPY 2.55 billion. Scheduled disposal of the office building 'Shintoshin Maruzen Building' for approximately JPY 2.072 billion. Both transactions are planned for April 1 and April 3, 2026 respectively.","jir_summary":"### Overview of Acquired Asset\nThe residential facility 'KDX Residence Mizue,' scheduled for acquisition on April 1, 2026, is located in Edogawa-ku, Tokyo. It is a newly built (less than one year old) designer rental apartment. The rentable units total 64, with a scheduled acquisition price of JPY 2.55 billion, an appraised value of JPY 2.81 billion, an appraised NOI yield of 4.1%, and an occupancy rate of 93.7%. It is a 7-minute walk from Mizue Station on the Toei Shinjuku Line, providing direct access to Shinjuku Station in approximately 30 minutes, accommodating a wide rental demand from singles to families.\n\n### Overview of Disposed Asset and Asset Replacement Policy\nThe office building 'Shintoshin Maruzen Building,' scheduled for disposal on April 3, 2026, is a 35-year-old sectional ownership property. The scheduled disposal price is JPY 2.072 billion, appraised value is JPY 1.72 billion, and book value is estimated at JPY 1.989 billion. Due to expected decline in competitiveness and profitability caused by low yield levels and increased repair costs, the disposal decision was made to mitigate risks. This enables proactive asset replacement focusing on growth potential, aiming to enhance portfolio profitability.","jir_financial_highlights":"Scheduled Acquisition Price (Residential Facility): 2,550 million JPY (Unknown)\nScheduled Disposal Price (Office Building): 2,072 million JPY (Unknown)\nAppraised Value (Residential Facility): 2,810 million JPY (Unknown)\nAppraised Value (Office Building): 1,720 million JPY (Unknown)\nOccupancy Rate (Residential Facility): 93.7% (Unknown)\nNOI Yield (Residential Facility): 4.1% (Unknown)\nNOI Yield (Disposal Asset): 3.5% (Unknown)","jir_category":"","jir_hashtags":"#KDXREITManagement, #M&A, #AssetReplacement","jir_key_figures":"Acquisition Price of Residential Facility: 2,550 million JPY\nScheduled Disposal Price of Office Building: 2,072 million JPY\nOccupancy Rate of Residential Facility: 93.7%","jir_meta_title":"KDX REIT Management Announces Asset Replacement through Acquisition of Residential Facility and Disposal of Office Building","jir_meta_description":"KDX REIT Management plans to acquire a newly built residential facility in Edogawa-ku, Tokyo for JPY 2.55 billion in April 2026 and dispose of a 35-year-old office building for JPY 2.072 billion, aiming to reinforce asset growth potential.","jir_og_title":"KDX REIT Management Strengthens Growth-Oriented Portfolio through Asset Replacement","jir_og_description":"Acquisition of the residential facility 'KDX Residence Mizue' and disposal of an office building. Asset replacement scheduled for April 2026 to improve portfolio profitability.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":7708,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-37039","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n