Japan Real Estate Investment Corporation [8952.T]
TOKYO, Apr 22 (Pulse News Wire) – Japan Real Estate Investment Corporation (8952.T) confirmed today that a third-party allocation for new share issuance will proceed as planned. The total number of shares to be issued is set at 8,060 units out of the previously scheduled 8,060 units.
Each share will have a face value of ¥112,350, resulting in a total issuance amount of ⾦¥905.5 million. Subscriptions for the new shares will open on April 23, 2026, with payment due on April 24, 2026.
The allocation will be handled by SMBC Nikko Securities Co., Ltd. Following this issuance, the total outstanding shares will increase to 7,283,580 units from the current level of 7,275,520 units.
The proceeds from this issuance, totaling ¥905.54 million, will be used as working capital for future asset acquisitions or debt repayments as defined under Article 2, Paragraph 1 of the Investment Trust Law.
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