Japan Logistics Fund Completes Real Estate Trust Beneficial Rights Swap

TOKYO, Aug 03 (Pulse News Wire) – Japan Logistics Fund,Inc. (8967.T) completed the exchange of domestic real estate trust beneficial rights involving the acquisition of Chiba Nishiuura Logistics Center III (with quasi-coownership share of 33%) and the divestment of Ichikawa Logistics Center II (with quasi-coownership share of 18%).

The swap was finalized on August 03, 2026. Details of the transaction include: - Acquired asset: Chiba Nishiuura Logistics Center III (quasi-coownership share of 33%) - Divested asset: Ichikawa Logistics Center II (quasi-coownership share of 18%) - Transaction price for acquired asset: ¥5.181 billion - Transaction price for divested asset: ¥4.960 billion - Net exchange amount: ¥221 million - Funding method: Own funds This exchange is part of a three-phase process, with the first phase completed on February 02, 2026 and the final phase scheduled for February 01, 2027.

The investment firm plans to apply the provisions of the Corporate Tax Law Article 50 for compression accounting related to the acquired assets. Regarding future outlook, the impact of this exchange on performance has already been factored in.

There will be no changes to the previously disclosed forecast for the operating status and distribution for the fiscal period ending January 31, 2027, which was published on May 27, 2026.