Source disclosure: February 20, 2026
GLP J-REIT [3281.T]
TOKYO, Feb 20 (Pulse News Wire) – GLP J-REIT (3281.T) announced today that it has decided to acquire the sixth priority equity security issued by Acacia Special Purpose Company for ¥2.5 billion. The acquisition is scheduled to take place on February 26, 2026, and will be funded through existing cash reserves.
This acquisition follows the changes in payment schedules for certain construction costs, leading to revised investment amounts for subsequent rounds. The total amount remains unchanged but the timing of payments has been adjusted.
Details of the securities can be found in the January 27, 2025, disclosure related to the redevelopment project plan for GLP Narashino II. Looking ahead, GLP J-REIT expects no significant impact on its operational status or dividend distribution forecasts due to this acquisition.
The company plans to continue acquiring additional priority equity securities up to a total of ¥10.5 billion, with the seventh round expected to be completed by December 29, 2026.
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