Hankyu Hanshin REIT : Notice Concerning Completion of Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interest
December 14, 2021 at 12:48 pm IST
Share
(Translation of Japanese Original)
December 14, 2021
For Immediate Release
REIT Issuer
Hankyu Hanshin REIT, Inc. (Securities Code: 8977)
19-19Chaya-machi,Kita-ku, Osaka
Yoshiaki Shiraki, Executive Director
Asset Management Company
Hankyu Hanshin REIT Asset Management, Inc.
Yoshiaki Shiraki, President & Representative Director
Contact:
Kiyotaka Okano
General Manager, Financial and IR Department
Email: IR_PR@hhram.co.jp
Notice Concerning Completion of Acquisition and Transfer of Domestic Real Estate Trust
Beneficiary Interest
Hankyu Hanshin REIT, Inc. (hereafter "HHR") hereby notifies that it has completed the transfer and acquisition of the following assets described in "Notice Concerning Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interest" announced on October 18, 2021.
Details
Summary of the Asset Transferred
Asset name
Date of transfer
Location
Type of
Transfer price
specified asset
(Note)
Sphere Tower Tennozu
Shinagawa-ku,
Trust beneficiary
(equivalent of 33%
December 10,2021
8,600 million yen
Tokyo
interest
quasi co-ownership)
Summary of the Asset Acquired
Asset name
Date of acquisition
Location
Type of
Acquisition price
specified asset
(Note)
H-CUBE
December 14,2021
Minato-ku, Tokyo
Trust beneficiary
6,650 million yen
MINAMIAOYAMA
interest
(Note) Transfer-related
expenses, acquisition-
related expenses, property tax, city planning tax and
consumption tax, among others are excluded.
For further information, please refer to "Notice Concerning Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interest" announced on October 18, 2021.
Hankyu REIT Inc. published this content on 14 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2021 07:17:15 UTC.
Hankyu Hanshin REIT, Inc., formerly Hankyu REIT, Inc. is a real estate investment trust (REIT) company. It aims to achieve stable earnings and sustainable growth of its investment assets to maximize investment value from mid- to long-term perspectives, by investing in commercial and office buildings mainly located in the Kansai area, which consists of Osaka, Kyoto, Hyogo, Nara, Shiga and Wakayama prefectures.Its top ten properties based on investment ratio were HEP Five, NU chayamachi, Shiodome East Side Building, Sphere Tower Tennoz, Takatsuki-Josai Shopping Center, Kitano Hankyu Building, LaLaport KOSHIEN (site), Dew Hankyu Yamada, LAXA Osaka and Namba-Hanshin Building. Hankyu REIT's asset manager is Hankyu REIT Asset Management, Inc.
HANKYU HANSHIN REIT, INC. 
