Source disclosure: February 24, 2026
MIRARTH Real Estate Investment Corporation [3492.T]
TOKYO, Feb 24 (Pulse News Wire) – MIRARTH Real Estate Investment Corporation (3492.T) announced today that its board of directors had determined the pricing for a public offering of new investment units and an oversubscription allotment sale. For the general subscription, the company plans to issue 97,541 units at a payment amount per share of ¥84,780.
The total payment amount for the issuance price is set at ¥8.559 billion. Subscription applications will be accepted until February 25, 2026, with payments due by March 02, 2026 and delivery scheduled for March 03, 2026. In addition, the company will conduct an oversubscription allotment sale involving 4,877 units at a selling price of ¥87,750 per unit, totaling ¥428.0 million.
Applications for this sale will be received on 2026225()with payments due by 2026226()and deliveries expected on March 3, 2026. Proceeds from the offerings will partially fund the acquisition of new specific assets, as detailed in the February 13 press release concerning domestic real estate trust beneficiary rights. Excess funds from the general subscription will be held in financial institutions and used for debt repayment or future asset acquisitions starting April 2026.
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