TOKYO, May 01 (Pulse News Wire) – TOKYU REIT, Inc. (8957.T) announced today that it received notice of termination from a tenant at its Tokyu Shichikawa Building.
The departing tenant occupies an area of 1633.40 square meters, representing 28.6% percent of the building's total leasable space and 1.06% percent of the company’s overall leasable area. The tenant's departure is scheduled for October 31, 2026.
As of March 2026, the total leasable area of the Tokyu Shichikawa Building was 5710.32 square meters, while the company’s total leasable area stood at 154281.51 square meters. Due to the scheduled termination date of October 31, 2026, there will be no impact on the operating conditions for the July 2026 quarter (the 46th fiscal quarter).
However, the effect on the January 2027 quarter (the 47th fiscal quarter) is expected to be minor, and no revisions to operational forecasts are anticipated.
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