August 22, 2025
To all concerned parties:
Investment Corporation | |
Japan Metropolitan Fund Investment Corporation (Tokyo Stock Exchange Company Code: 8953） | |
Representative: | Masahiko Nishida, Executive Director |
URL: https://www.jmf-reit.com/english/ | |
Asset Management Company | |
KJR Management | |
Representative: | Keita Araki, President & Representative Director |
Inquiries: | Tadateru Kitaoka, Executive Director, Capital Markets Department |
TEL: +81-3-5293-7081 | |
Notice Concerning Change of Scheduled Acquisition Date of Trust Beneficiary Right in Real Estate in Japan ((Tentative Name) Kamakura-shi Onarimachi Project)
Japan Metropolitan Fund Investment Corporation ("JMF") announces today that KJR Management, JMF's asset manager, decided to change the scheduled acquisition date announced in the news release titled "Notice Concerning Acquisition of Trust Beneficiary Right in Real Estate in Japan ((Tentative Name) Kamakura-shi Onarimachi Project)" dated November 20, 2024, as outlined below.
Description of Change
Scheduled acquisition date: [Before change] March 1, 2026
[After change] around September 18, 2026
Reason for change
JMF planned to acquire the property (hotel) on March 1, 2026. However, due to delays in the development schedule, the completion of the new building scheduled for January 2026 is expected to be delayed. As a result, JMF is currently in discussions with Hajime Construction Co., Ltd., the seller and developer, to change the acquisition date to around September 18, 2026. Once the revised acquisition date is determined, we will provide an update.
Future Outlook
There will be no impact on our revenue forecast for the August 2025 fiscal period (47th fiscal period: from March 1, 2025 to August 31, 2025) and the February 2026 fiscal period (48th fiscal period: from September 1,
2025 to February 28, 2026).