Japan Metropolitan Fund Investment Corporation [8953.T]
TOKYO, Apr 01 (Pulse News Wire) – Japan Metropolitan Fund Investment Corporation (8953.T) completed its second property transfer involving Itochu Green Field on April 01, 2026. The transaction concludes the series of transfers initiated on August 15, 2025, as previously disclosed.
The transferred asset includes a real estate trust benefit right with a quasi-co-ownership share of 25%. The transfer price was ¥758 million, with anticipated sale gains for the fiscal year ending August 2026 (49th term).
According to the notice dated August 15, 2025, the expected sale gains are subject to certain conditions outlined in the revised forecast released on December 19, 2025. The company plans to fully return the realized gains from this transaction to shareholders.
Additionally, the proceeds from the sale will be used to repay newly borrowed short-term loans related to recent acquisitions, as detailed in the notice dated March 31, 2026.
🟢 Confidence: High AI-translated content.