Source disclosure: March 02, 2026, 14:00 JST
Published by Pulse News Wire: March 02, 2026, 14:01 JST
Mitsui Fudosan Accommodations Fund Inc. [3226.T]
TOKYO, Mar 02 (Pulse News Wire) – Mitsui Fudosan Accommodations Fund Inc. (3226.T) announced that effective March 01, 2026, Mitsuiboshi Residential Co., Ltd.
Ceased being a significant related party due to falling below the threshold of transactions amounting to more than 20% of total real estate acquisitions and disposals over the past three years. Previously, Mitsuiboshi Residential was classified as a significant related party during the fiscal period ending August 31, 2025, based on its substantial transaction volume with the fund. However, since September 1, 2025, the cumulative value of transactions did not meet the criteria set forth by the Financial Instruments and Exchange Act. As of the end of the previous fiscal year, Mitsuiboshi Residential held 3.89% of the investment units of Mitsui Fudosan Accommodations Fund Inc.
Additionally, it remains a subsidiary of Mitsui Fudosan Corporation, which owns the asset management company overseeing the fund's operations. Looking ahead, the fund expects no impact on its operational status from this change. Notably, Mitsui Fudosan Accommodations Fund Inc. plans to conclude purchase and sale agreements for two properties with Mitsuiboshi Residential in the upcoming fiscal period, with transfers scheduled for April 09, 2026.
AI-translated content. 🟢 Confidence: High See terms • Original filing