United Urban Investment Corporation has concluded a lease agreement for the quasi-co-ownership interest in the land of Shinsaibashi OPA Main Building for temporary use from June 1, 2026 to May 24, 2029, with the initial year rent set at 686 million 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Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8960-20260428-01.pdf","jir_short_summary":"United Urban Investment Corporation has concluded a lease agreement for the quasi-co-ownership interest in the land of Shinsaibashi OPA Main Building for temporary use from June 1, 2026 to May 24, 2029, with the initial year rent set at 686 million yen.","jir_summary":"### Overview of the Land Lease Agreement\nUnited Urban Investment Corporation has entered into a lease agreement with the transferee for the quasi-co-ownership interest in the land of the Shinsaibashi OPA Main Building for temporary use purposes. The lease period is from June 1, 2026 to May 24, 2029, covering a leased area of 2,455.16\u33a1 (742.68 tsubo). Rent will decrease stepwise according to the ownership ratio, with the initial year rent set at 686 million yen. No deposit or guarantee money is required, and rent revisions will not be made during the contract period.\n\n### Background and Terms of the Agreement\nThe investment corporation concluded a trust beneficiary rights sale agreement whereby the building portion was transferred in a lump sum and the land portion transferred in six installments, stipulating the temporary leasing of land to the transferee. As all conditions have been met, the lease agreement was concluded, permitting mid-term cancellation only upon cancellation or expiration of the sale agreement. Tenant names remain undisclosed.","jir_financial_highlights":"Lease Period: 2026-06-01 to 2029-05-24 (Unknown)\nLeased Area: 2,455.16\u33a1 (742.68 tsubo) (Unknown)\nRent (First Year): 686 million yen (2026-06-01 to 2027-05-24) (Unknown)","jir_category":"","jir_hashtags":"#UnitedUrbanInvestmentCorporation, #LandLeaseAgreement, #RealEstateInvestmentTrust","jir_key_figures":"Lease Period: 2026-06-01 to 2029-05-24\nLeased Area: 2,455.16\u33a1 (742.68 tsubo)\nInitial Year Rent: 686 million yen (2026-06-01 to 2027-05-24)","jir_meta_title":"[United Urban Investment Corporation] Conclusion of Land Lease Agreement for Shinsaibashi OPA Main Building | April 2026","jir_meta_description":"United Urban Investment Corporation concluded a lease agreement for temporary use of the quasi-co-ownership interest in the land of Shinsaibashi OPA Main Building from June 2026 to May 2029. The initial year rent is 686 million yen.","jir_og_title":"[United Urban Investment Corporation] Conclusion of Land Lease Agreement for Shinsaibashi OPA Main Building | April 2026","jir_og_description":"Land lease agreement for Shinsaibashi OPA Main Building begins in June 2026. Initial year rent is 686 million yen with a contract period of three years.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7786,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-43897","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n