Hankyu Hanshin REIT to Acquire Site for Tentatively Named “Sugi Pharmacy Daito Goryo Store”
Hankyu Hanshin REIT announced on October 22, 2025, that it will acquire the site for the tentatively named “Sugi Pharmacy Daito Goryo Store.” The acquisition price is set at JPY 1.1 billion, with an appraisal value of JPY 1.15 billion. The transaction is scheduled to close on March 31, 2026.
The property is located in Goryo 1-chome, Daito City, Osaka Prefecture, and spans a land area of 2,735.30 square meters (approx. 29,440 sq. ft.). The property is expected to generate a net operating income (NOI) yield of 3.4% and a depreciation-after yield of 3.4%. Property management will be handled by Hankyu Hanshin Building Management Co., Ltd.
Key Facts
Property Name: (Tentative) Sugi Pharmacy Daito Goryo Store (Land)
Buyer: Hankyu Hanshin REIT, Inc. (Asset Manager: Hankyu Hanshin REIT Asset Management, Inc.)
Seller: Domestic business corporation (undisclosed)
Transaction Price: JPY 1.1 billion
Location: 10-4, Goryo 1-chome, Daito City, Osaka Prefecture
Land Area: 2,735.30㎡ (approx. 29,440 sq. ft.)
Scheduled Acquisition Date: March 31, 2026