The master lease agreement for Estimeison Shirakabe Minami is changed from a fixed rent type to a pass-through type, with monthly rent expected to increase by 10.0%. The contract period is from April 1, 2026, to March 31, 2036.<\/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":"3309","jir_company_name":"Sekisui House Reit, Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3309-20260327-01.pdf","jir_short_summary":"The master lease agreement for Estimeison Shirakabe Minami is changed from a fixed rent type to a pass-through type, with monthly rent expected to increase by 10.0%. The contract period is from April 1, 2026, to March 31, 2036.","jir_summary":"### Overview of Change in Master Lease Agreement\nSekisui House Reit, Inc. has decided to change the master lease agreement for the owned property 'Estimeison Shirakabe Minami' from a fixed rent type to a pass-through type. As a result, monthly rent as of the end of February 2026 is expected to increase by 10.0%. The contract period will be 10 years, from April 1, 2026, to March 31, 2036. The change in lease scheme is a decision taken after comprehensively considering the status of managed assets, rent income stability, and operational management efficiency to pursue internal growth opportunities.\n\n### Outlook\nThe impact of this change on performance is minor, and there is no change to the operating forecasts for the fiscal periods ending April 2026 and October 2026 disclosed in the financial summary dated December 15, 2025. We will continue stable operations aiming to maximize investor value.","jir_financial_highlights":"Monthly Rent: 3,470 thousand yen (Expected 10.0% increase)\nSecurity Deposit \/ Guarantee Deposit: 4,684 thousand yen (Decrease (6,560 thousand yen before change))\nContract Period: From April 1, 2026, to March 31, 2036 (New contract period)","jir_category":"","jir_hashtags":"#SekisuiHouseReit, #MasterLeaseAgreementChange, #RealEstateInvestmentTrust","jir_key_figures":"Monthly Rent (post-change): 3,470 thousand yen (total end-tenant rent as of end-February 2026)\nMonthly Rent Increase Rate: Expected 10.0% increase\nContract Period: From April 1, 2026, to March 31, 2036","jir_meta_title":"Sekisui House Reit, Inc. Changes Estimeison Shirakabe Minami Master Lease to Pass-Through Type with 10% Rent Increase","jir_meta_description":"Sekisui House Reit, Inc. changes the master lease agreement for Estimeison Shirakabe Minami from fixed rent to pass-through type, with expected monthly rent increase of 10.0%. Contract period runs from April 2026 to March 2036.","jir_og_title":"Sekisui House Reit, Inc. Changes Contract from Fixed Rent to Pass-Through Type","jir_og_description":"The master lease agreement for Estimeison Shirakabe Minami is changed with monthly rent expected to increase by 10%. The impact on financial performance is minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8024,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-37336","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n