Mizuho Reit Management has decided to split and sell the Nagoya Fushimi Square Building, expecting a gain on sale of approximately \u00a52.9 billion, as part of its asset replacement strategy. Details regarding repair work and future asset acquisition plans have also been announced, aiming to optimize the asset portfolio.<\/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":"3290","jir_company_name":"Mizuho Reit Management Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/3290-20260722-03.pdf","jir_short_summary":"Mizuho Reit Management has decided to split and sell the Nagoya Fushimi Square Building, expecting a gain on sale of approximately \u00a52.9 billion, as part of its asset replacement strategy. Details regarding repair work and future asset acquisition plans have also been announced, aiming to optimize the asset portfolio.","jir_summary":"### Overview of Business Strategy and Asset Transfer\nMizuho Reit Management has decided to split and sell the Nagoya Fushimi Square Building, expecting a gain on sale of about \u00a52.9 billion. This sale is part of its asset replacement strategy, with plans to continue optimizing and replacing assets moving forward. Details regarding repair work associated with the sale and future asset acquisition plans have also been announced, aiming to enhance the asset portfolio. The scheduled sale date is July 30, 2026, and the sale price is estimated at around \u00a58.1 billion.\n\n### Future Outlook and Corporate Policy\nThe company will continue to strive to maintain and enhance asset value through asset replacements and repair work. By implementing asset replacement strategies, it aims to optimize the portfolio and improve profitability while promoting efficient asset management. The gain on sale will be allocated to future asset acquisitions and repair costs, aiming to build a stable revenue foundation. Additionally, asset replacements will be used to diversify risk and improve profitability, pursuing long-term growth.","jir_financial_highlights":"Gain on sale: Approximately \u00a52.9 billion (Unknown)\nScheduled sale property: Nagoya Fushimi Square Building (Unknown)","jir_category":"","jir_hashtags":"#MizuhoReit, #AssetTransfer, #JapaneseStocks","jir_key_figures":"Gain on sale: Approximately \u00a52.9 billion\nScheduled sale property: Nagoya Fushimi Square Building\nSale price: Approximately \u00a58.1 billion","jir_meta_title":"\u3010Mizuho Reit\u3011Sale and Asset Strategy of Nagoya Fushimi Square | July 2026","jir_meta_description":"Mizuho Reit Management announced the split and sale of Nagoya Fushimi Square Building. Details on a gain of approximately \u00a52.9 billion and future asset replacement plans are outlined.","jir_og_title":"\u3010Mizuho Reit\u3011Asset Transfer and Strategy | July 2026","jir_og_description":"Mizuho Reit announces a gain of approximately \u00a52.9 billion from the sale of Nagoya Fushimi Square Building and outlines future asset strategies. It aims for asset replacement and long-term growth.","jir_og_image_url":"\/assets\/og\/company-disclosure_update.jpg","jir_chart_data_collection":"[]","ir_related_company":16964,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-86659","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n