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KDX Realty Acquires Tokyo Residential and Fukuoka Logistics Assets, Disposes Two Retail Land Parcels

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KDX Realty Investment (TYO:8972) has agreed to acquire a Tokyo residential property and a Fukuoka logistics facility while disposing of two retail land sites in the Greater Tokyo area, according to a Tokyo bourse filing on Thursday.

The acquisitions, totalling 7.43 billion yen, target a family-type apartment in Nakano with strong rental demand and a last-mile logistics hub near Fukuoka Airport with stable occupancy.

Meanwhile, the dispositions of leased land in Urayasu and Moriya, valued at 7.45 billion yen combined, address limited rent growth potential due to long-term fixed leases.

The transactions are expected to generate a 720 million yen gain on sale in the fiscal period ending April 2027, with minimal near-term impact on financial forecasts.

The portfolio will expand to 34 properties worth 1.216 trillion yen following the completion of the deals.

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