Certain Investment Units of Hulic Reit, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2022.
April 24, 2022
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Certain Investment Units of Hulic Reit, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2022. These Investment Units will be under lockup for 180 days starting from 27-OCT-2021 to 25-APR-2022.
Details:
In relation to the general recruitment, the joint lead managing underwriter will be given to the joint lead managing underwriter during the period starting on the date when the issue price, etc. is determined and ending on the 180th day from the delivery date of the offering. We plan to promise that we will not sell the Investment Units (excluding the loan of the Investment Units associated with the sale due to over-allotment) without the prior written consent of the company.
In relation to the general offering, the Investment Corporation will give the joint lead managing underwriter during the period starting on the date when the issue price, etc. is determined and ending on the 90th day from the delivery date of the offering. No issuance of the Investment Units, etc. (excluding general offerings, the Third-Party Allotment, and issuance of new Investment Units due to the split of the Investment Units, etc.) without the prior written consent of the managing underwriter.
Hulic Reit Inc is a Japan-based diversified real estate investment trust (REIT). The Trust aims to maximize unitholder value by maintaining and improving earnings over the medium to long term and by achieving growth in the size and value of assets under management. The basic investment policy is to position Tokyo Commercial Properties as a priority investment target, investing about 80% of its portfolio. The investment targets are office and retail properties. In addition, the Trust also invest about 20% of its portfolio in Next Generation Asset Plus, which investment targets include fee-based nursing homes, network centers, and hotels. The asset management company is Hulic Reit Management Co Ltd.