Source disclosure: February 25, 2026, 16:00 JST
Fukuoka REIT Corporation [8968.T]
TOKYO, Feb 25 (Pulse News Wire) – Fukuoka REIT Corporation (8968.T) announced today that it will change its master lease and property management company for two properties, De Wing Tower and Grand Faure Yakuin Minami, effective March 1, 2026. The new MLPM company, Miyo Asset Management Co., Ltd., will replace Good Real Estate Co., Ltd.
The decision was made to enhance operational stability and improve management quality. Miyo Asset Management has managed three out of seven residential assets owned by Fukuoka REIT and will now take on two additional properties. The company's headquarters are located in Fukuoka City’s Central Ward, and it specializes in subleasing, real estate management, sales brokerage, asset operations, redevelopment, and specific joint ventures related to real estate.
Miyo Asset Management was established in November 1972 and has a capital of ¥100 million. It does not have any conflicts of interest with Fukuoka REIT or its asset manager. Looking ahead, Fukuoka REIT stated there would be no changes to the operating conditions forecasted in its interim report for the fiscal year ending August 2025, covering the periods from February 28, 2026, to August 31, 2026.
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