Source disclosure: February 26, 2026, 15:30 JST
LaSalle LOGIPORT REIT [3466.T]
TOKYO, Feb 26 (Pulse News Wire) – LaSalle LOGIPORT REIT (3466.T) decided to sell its Ai-Nishi Logistics Center and Kariya Logistics Center to an undisclosed domestic joint venture company. The transaction is expected to close on March 6, 2026, generating proceeds of ¥11.23 billion.
The sale price exceeds the combined book value of ¥1.246 billion and the appraisal value of ¥11.23 billion as of August 31, 2025. Proceeds will be used for capital reduction, investment in high-yield assets, and repurchasing shares.
Both properties have contributed stable cash flows to the portfolio since acquisition but are being sold due to their limited growth potential within the firm's strategic asset allocation plan aimed at building a robust portfolio. The transaction aligns with the company’s strategy to enhance shareholder value through optimal capital management and distribution policies.
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