Advance Residence Investment Corporation [3269.T]

TOKYO, May 29 (Pulse News Wire) – Advance Residence Investment Corporation (3269.T) announced today that its asset management company, Itochu Real Estate Management Co., Ltd., has decided to appoint Akamatsu Kazuhito as a director effective June 24, 2026. The decision was made during a board meeting held on May 29 and will be presented for approval at the upcoming annual shareholders' meeting scheduled for June 24, 2026.

Akamatsu Kazuhito, born on November 28, 1966, joined Itochu Corporation in April 1991 and transferred to Itochu Real Estate Management in 2007. He served as a director there until 2022, when he became a part-time director.

In 2024, he took up a position as deputy head of domestic Lease Eigyou Suishin Bumon department and was appointed executive vice president of Itochu Real Estate Management in April 2026. Additionally, the company also plans to retire Director Takano Takeshi on the same date.

The necessary filings and procedures based on related laws and regulations will be promptly completed in connection with these changes.

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