ヒューリックリート投資法人 has entered into an exchange agreement with its sponsor, Hulic Co.,Ltd., under which it will acquire an interest in the mixed-use QUARTZ SHINSAIBASHI building in Shinsaibashi, Osaka, while selling 3 office properties in Tokyo. It will also acquire the East Net Building office property in Koto Ward.
On 25 September 2026, ヒューリックリート投資法人 entered into an exchange agreement with its sponsor, Hulic Co.,Ltd., and plans to complete the acquisition of an interest in QUARTZ SHINSAIBASHI and the sale of 3 properties in Tokyo on the execution date, 30 September.
The planned acquisition price for QUARTZ SHINSAIBASHI is ¥29.5 billion. The acquisition comprises a 49% co-ownership interest in the beneficial interest of a trust whose trust assets are a 51% co-ownership interest in the building and site. The 3 properties to be transferred in the exchange are Hulic Kojimachi Building, Hulic Shibuya 1-chome Building and Trust Garden Yoga-no-Mori, with a total planned sale price of ¥27.32 billion.
Details are provided on the total sale price of the properties to be transferred, the cash difference, and the locations, uses and completion dates of both sets of properties. The disclosure states that the acquisition amount and the difference are ¥21.38 billion.
QUARTZ SHINSAIBASHI, meanwhile, is a 28-story building with 2 basement floors in Chuo Ward, Osaka, directly connected to Shinsaibashi Station, and is scheduled for completion in February 2026. East Net Building is located in Toyocho, Koto Ward, and is planned to be acquired for office, retail and business uses.