Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

DAIWA SECURITIES LIVING INVESTMENT CORPORATION

(8986)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Daiwa Securities Living Investment : Notice Concerning Decision of Number of New Investment Units

10/15/2021 | 03:02am EST

English Translation

The following is an English translation of the Japanese original press release and is being provided for information purposes only.

October 15, 2021

To All Concerned Parties

REIT Issuer: Daiwa Securities Living Investment Corporation

6-2-1 Ginza, Chuo-ku, Tokyo 104-0061

Ikuo Shoda, Executive Director

(Securities Code: 8986)

Asset Manager: Daiwa Real Estate Asset Management Co. Ltd.

Toshio Fukushima, President and Chief Executive Officer

Inquiries: Kentaro Azumi, General Manager, Corporate Division

Tel: +81-3-6757-9680

Notice Concerning Decision of Number of New Investment Units

to be Issued by Third Party Allocation

Daiwa Securities Living Investment Corporation (hereinafter referred to as the "Investment Corporation") hereby announces that it has received from the allottee an application for the some amount of the number of units to be issued as follows, in connection with the decision at meeting of its board of directors held on September 10, 2021 and September 15, 2021 to issue new investment units by means of a third party allocation which was resolved concurrently with the issue of new investment units by a public offering and a secondary offering (through over-allotment).

(1)

Number of new investment units to be issued

2,868 units

(number of units originally scheduled to

be issued: 3,524 units)

(2) Total paid-in amount (issue amount)

JPY315,181,728 (JPY 109,896 per unit)

(3)

Subscription period (subscription date)

October 19, 2021

(Tuesday)

(4)

Payment date

October 20, 2021

(Wednesday)

(5)

Allottee

Daiwa Securities Co. Ltd.

  1. The decision regarding the issuance of new investment units by means of a third party allocation was resolved concurrently with the issue of new investment units by a public offering and a secondary offering (through over-allotment) at meetings of board of directors held on September 10, 2021 and September 15, 2021.
    For the details of the above-mentioned third party allocation, please refer to the "Notice Concerning Issuance of New Investment Units and Secondary Offering" dated September 10, 2021 and the "Notice Concerning Determination of Pricing and Other Details for the Issuance of New Investment Units and Secondary Offering" dated September 15, 2021.
  2. Total Number of Units issued and Outstanding after Third Party Allocation

Number of units outstanding

2,202,022 units

Number of new units to be issued by Third Party Allocation

2,868 units

Number of units issued and outstanding after Third Party Allocation

2,204,890 units

3. Use of Proceeds

The net proceeds procured through the third party allocation (¥315,181,728) will be kept as cash on hand deposited in the financial institutions and will be allocated to future acquisitions of specified assets (as defined in Article 2.1 of the Act on Investment Trusts and Investment Corporations) and repayment of existing loans.

*URL: https://www.daiwa-securities-living.co.jp/en/

Note: This press release is a document for making a public announcement concerning decision of number of new investment units to be issued by third party allocation, and it has not been prepared for the purpose of soliciting investments. Investors are asked to ensure that they read the prospectus for the issuance of new investment units, as well as the amendments thereto, prepared by the Investment Corporation before they invest and that they make decisions on investment at their own discretion.

Disclaimer

Japan Rental Housing Investments Inc. published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 07:01:03 UTC.


ę Publicnow 2021
All news about DAIWA SECURITIES LIVING INVESTMENT CORPORATION
11/30DAIWA SECURITIES LIVING INVESTMENT : Convocation Notice of the 14th Meeting of Unitholders..
PU
11/29DAIWA SECURITIES LIVING INVESTMENT : Financial Report
PU
11/17DAIWA SECURITIES LIVING INVESTMENT : Financial Report
PU
11/17DAIWA SECURITIES LIVING INVESTMENT : Notice concerning Determination of the General Outlin..
PU
11/17DAIWA SECURITIES LIVING INVESTMENT : Notice Concerning Amendment to the Articles of Incorp..
PU
11/17DAIWA SECURITIES LIVING INVESTMENT : 31st Fiscal Period Financial Report (REIT)
PU
11/17DAIWA SECURITIES LIVING INVESTMENT : Notice Concerning Early Repayment of Loans
PU
11/17Daiwa Securities Living Investment Corporation Announces Distribution for the Period fr..
CI
11/17Daiwa Securities Living Investment Corporation Repay Borrowings Before Due Date
CI
11/17Daiwa Securities Living Investment Corporation Provides Earnings Guidance for the Perio..
CI
More news
Financials
Sales 2022 22 053 M 194 M 194 M
Net income 2022 9 071 M 79,9 M 79,9 M
Net Debt 2022 - - -
P/E ratio 2022 27,0x
Yield 2022 3,84%
Capitalization 249 B 2 192 M 2 193 M
Capi. / Sales 2022 11,3x
Capi. / Sales 2023 10,7x
Nbr of Employees 15 028
Free-Float 80,0%
Chart DAIWA SECURITIES LIVING INVESTMENT CORPORATION
Duration : Period :
Daiwa Securities Living Investment Corporation Technical Analysis Chart | 8986 | JP3046410001 | MarketScreener
Technical analysis trends DAIWA SECURITIES LIVING INVESTMENT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 112 900,00 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Toshio Fukushima President & Representative Director
Akira Yamanouchi Chairman
Kouhei Yabuta Supervisory Officer
Jun Nagamine Supervisory Officer
Ikuo Shoda Executive Officer