June 1, 2021 | |
FOR IMMEDIATE RELEASE | |
Issuer of REIT Securities | |
1-17-10, Kyobashi, Chuo-ku, Tokyo | |
SOSiLA Logistics REIT, Inc. | |
Representative | Masaaki Yano, Executive Director |
(Securities Code: 2979) |
Asset Management Company
Sumisho Realty Management Co., Ltd.
Representative | Hideki Yano, President & CEO |
Inquiries | Tetsuro Moriguchi, |
General Manager, REIT Management | |
Department |
TEL: +81-3-4346-0579
Notice Concerning Change in Specified Related Corporation
SOSiLA Logistics REIT, Inc. ("SLR") today announced a change in the specified related corporation for its asset management company, Sumisho Realty Management Co., Ltd. ("SRM"), as described below.
1. Reason for change
SMFL MIRAI Partners Company, Limited, which falls under interested party of SRM, was categorized as SRM's "specified related party" (a party engaged in the transactions set forth in Article 29-3, Paragraph 3, Item 2 of the Order for Enforcement of the Financial Instruments and Exchange Act) as of December 1, 2020. This occurred because the total amount paid by SLR for the acquisition of trust beneficiary interests that have real estate properties, etc. (meaning real estate, leasehold rights to real estate or surface rights. The same shall apply hereunder) as assets in trust to the company over the previous three years as of the end of the November 2020 fiscal period exceeded 20 percent of SLR's total payment for acquisitions or the total amount received for dispositions of real estate assets or trust beneficiary interest that have real estate properties, etc. as assets in trust. However, the subject criterion was not applicable to the company over the past three years as of the end of the May 2021 fiscal period and, accordingly, it no longer falls under the category of specified related party.
- Effective date June 1, 2021
- Overview of specified related party
Name | SMFL MIRAI Partners Company, Limited |
Head office location | 1-5-1, Otemachi, Chiyoda-ku, Tokyo |
Representative | Tatsurou Terada, President |
Capital | 200 million yen |
Major shareholder | Sumitomo Mitsui Finance and Leasing Company, Limited |
Major business | Real estate-related business, environmental and energy-related business, and |
other financial services | |
Relationship with SLR or | Wholly owned subsidiary of Sumitomo Mitsui Finance and Leasing Company, |
SRM | Limited in which Sumitomo Corporation, SRM's parent company, has 50% |
equity interest | |
4. Outlook
This change has no effect on SLR's financial results.
*SOSiLA website: https://sosila-reit.co.jp/en/
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