Daiwa Securities Living Investment Corporation [8986.T]
TOKYO, Apr 21 (Pulse News Wire) – Daiwa Securities Living Investment Corporation (8986.T) announced plans to sell two rental properties located in Nagoya, Aichi Prefecture. The sales are scheduled to take place on May 15, 2026.
The total estimated value of the assets being sold is ¥829.2 million. The properties, named willDo and willDo, have combined appraisal values of ¥1.211 billion and ¥381.8 million, respectively. The transaction is expected to result in a gain of 1.227 billion based on the difference between the appraised values and book values. The decision to sell was made considering factors such as future revenue potential, property size, location, and current real estate market trends. The buyer agreed to purchase the properties at prices exceeding their recent book values, contributing positively to investors' interests.
Detailed information on the properties includes their locations, sizes, tenant occupancy rates, and income streams. Both properties are residential complexes with parking facilities and bicycle storage areas. They were constructed in February 2006 and June 2006, respectively. As of September 30, 2025, the total rentable area of willDo is 1,192.32 square meters, while that of willDo is 1,933.37 square meters. Following the sale, the portfolio will consist of 238 buildings with a total of 714680.71 square meters of rentable space.
The transaction does not affect the operating status forecast for the fiscal year ending March 2026 but will impact the subsequent fiscal year's performance and distribution forecasts, which will be updated once finalized.
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