April 11, 2025
For Immediate Release
REIT Issuer
NTT UD REIT Investment Corporation
1-5-1 Otemachi, Chiyoda Ward, Tokyo
Executive DirectorTakeshi Oodera
(Securities Code 8956)
Asset Management Company
NTT Urban Development Asset Management Corporation
President & CEO | Yasutake Horinouchi |
[Contact] | |
Director & CFO, Finance | Takeshi Iwata |
Department | |
TEL: +81-3-6262-9400 | |
Notice Concerning Status of Acquisition, Completion of Acquisition,
and Cancellation of Own Investment Units
NTT UD REIT Investment Corporation ("NUD") announced the status for the acquisition of its own investment units conducted pursuant to Article 80-2 of the Act on Investment Trusts and Investment Corporations which are applied by replacing the terms and phrases of the provisions of Article 80-5, Paragraph 2 of the same Act.
Furthermore, the acquisition of its own investment units has been completed based on the resolution of its Board of Directors meeting held on December 16, 2024. NUD also announced that it decided at that Board of Directors meeting to cancel all the acquired own investment units pursuant to Article 80, Paragraphs 2 and 4 of the Act, and it will cancel all those investment units in accordance with that resolution.
1． Status of Acquisition of Own Investment Units in April 2025 | |||
(1) | Total number of investment units acquired | 1,044 units | |
(2) | Total acquisition price | 135,592,700 yen | |
(3) | Acquisition period | from April 1, 2025 to April 10, 2025 (on a trade date basis) | |
(4) | Acquisition method | market purchase on the Tokyo Stock Exchange based on a discretionary | |
transaction contract with a securities company | |||
2． Total Number of Acquired Investment Units through Acquisition Period | |||
(1) | Total number of investment units acquired | 13,800 units | |
(2) | Total acquisition price | 1,656,228,500 yen | |
(3) | Acquisition period | from December 17, 2024 to April 10, 2025 (on a trade date basis) | |
(4) | Acquisition method | market purchase on the Tokyo Stock Exchange based on a discretionary | |
transaction contract with a securities company | |||
3． Details of Cancellation of Own Investment Units | |||
(1) | Total number of investment units | 13,800 units | |
to be cancelled | (Percentage of the total number of investment units | ||
issued and outstanding before cancellation: 0.93%) | |||
(2) | Scheduled Date of Cancellation | April 30, 2025 |
4． Future Outlook
The impact of the acquisition and cancellation of own investment units on performance is minimal, and there is no change in the performance forecasts for the fiscal period ending April 30, 2025 (the 45th Fiscal Period) and the fiscal period ending October 31, 2025 (the 46th Fiscal Period) that have been announced.
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[Reference]
1． Details of the Resolution made by the Board of Directors meeting on December 16, 2024
(1) Total number of investment units43,000 units (upper limit) that may be acquired
(2) Total acquisition price
(3) Acquisition period
(4) Acquisition method
2． Status of Own Investment Units after the Above-mentioned Cancellation of Own Investment Units
(1) | Total Number of Investment Units Issued | 1,468,235 units |
(Excluding Own Investment Units) | ||
(2) | Number of Own Investment Units | 0 units |
- NUD's website is https://nud-reit.co.jp/en/
- Neither NUD nor NTT Urban Development Asset Management Corporation makes any assurance or warranty with respect to the completeness or accuracy of this English translation. For more complete and accurate information, please refer to the original announcement in Japanese.
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