Contact UsJ-REIT News
[ JAPANESE ]
An office building focused J-REIT. The largest J-REIT in terms of equity market capitalization and acquisition cost of portfolio. Carried out a 2-for-1 unit split in January 2014 and became the first J-REIT in the industry with assets surpassing the 1 trillion JPY mark. Maintains a strong relationship with sponsor Mitsui Fudosan Co., Ltd. Its strategy calls for using part of the proceeds from property divestments as retained earnings. At the close of the period ending June 2014, expects to have more than 4,000 million JPY in retained earnings, providing dividend stability. Steady acquisition of new properties has helped to boost the stable dividends. The forecast dividend for the period ended December 2013 is 17,300 JPY per unit and 8,000 JPY for the period ending June 2014 after the 2-for-1 unit split. (Information as of December 19, 2013.)
| Unit Price | 558,000 JPY (+9,000 JPY) |
|---|---|
| Market Capitalization | 949,152.978 million JPY |
| Dividend Yield | 4.12% (-0.07) |
| Trading Volume | 11,556 units |
| Previous Period | Current Period | Next Period | |
|---|---|---|---|
| Beginning of Period | Jul. 1, 2022 | Jan. 1, 2023 | Jul. 1, 2023 |
| End of Period | Dec. 31, 2022 | Jun. 30, 2023 | Dec. 31, 2023 |
| Operating revenues | 47,366million JPY | 46,923million JPY | 45,573million JPY |
| Net income | 20,288million JPY | 19,183million JPY | 17,279million JPY |
| Dividend per unit | 11,500 JPY | 11,500 JPY | 11,500 JPY |
| Total Acquisition Price | 1,473 billion JPY |
|---|---|
| Number of Properties | 70 |
| Acquisition Price Ratio by Sector | Acquisition Price Ratio by Region |
|---|---|
| 1 | NIPPON REIT Investment Corporation | - |
|---|---|---|
| 2 | Japan Senior Living Investment Corporation | ↑ |
| 3 | Nippon Building Fund Inc. | ↑ |
| 4 | GLP J-REIT | - |
| 5 | Japan Hotel Reit Investment Corporation | - |
* This website provides information and data on J-REITs and is not intended as a solicitation for investment. * The information appearing on this website has been carefully vetted, but the accuracy of the content is in no way guaranteed and may change without notice (that is, it may be modified or deleted). * Users shall be responsible for the use of the information published on this website. The Company cannot be held liable whatsoever regarding the use of this information. * Copyrights related to the information published on this website belong to the Company. The unauthorized use (diversion or reproduction, etc.) of this information is strictly prohibited.