Source disclosure: February 20, 2026
Daiwa House REIT Investment Corporation [8984.T]
TOKYO, Feb 20 (Pulse News Wire) – Daiwa House REIT Investment Corporation (8984.T) finalized the acquisition of the completed Kasutaria West Funabashi II residential facility, originally scheduled for completion in February 2026. The property's purchase price was adjusted downward by ¥62.5 million compared to the initial estimate due to changes in construction costs and specifications.
The investment firm plans to acquire the asset on February 27, 2026, through a contract with Mizuho Marubeni Leasing Co., Ltd. The property features compact and family types of units totaling 60 apartments, including six retail units. It spans 5,462.48 square meters across five floors and includes medical facilities and shops.
Kasutaria West Funabashi II’s valuation report, dated January 31, 2026, shows a net operating income (NOI) yield of 4.6%. The property's total estimated annual rent is ¥180 million excluding consumption tax. In related developments, the company expects no impact on its operational forecasts for the fiscal periods ending February 27, 2026, and August 31, 2026.
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