ORIX JREIT to Sell Round-Cross Kagoshima for 1.24 Billion Yen

Bitget2026/10/22 06:37

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ORIX JREIT agreed on October 22, 2026, to sell Round-Cross Kagoshima to a Japanese company for 1.24 billion yen.
The mixed-use office and retail property's sale is scheduled to close on December 22, 2026.
The transaction is expected to generate a 29 million yen gain; the property's appraised value was 772 million yen.
The REIT plans to distribute the gain to unitholders and use sale proceeds to repay borrowings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ORIX JREIT Inc. published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ORIX JREIT to Sell Round-Cross Kagoshima for 1.24 Billion Yen

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