8956 Premier Investment Corporation

Premier Investment Corporation to Sell "Kanda Chuo Dori Building"

(Sep. 5, 2014)

Premier Investment Corporation (TSE Code: 8956) announces the disposition of "Kanda Chuo Dori Building" in Tokyo, and the revision of financial forecast.

Property name Kanda Chuodori Building
Address Chiyoda-ku, Tokyo
Disposition price 2,778,000,000 JPY
Book value
(as of Apr, 2014)
2,444,000,000 JPY
Gain/Loss(disposition price - book value) 334,000,000 JPY
Disposition date November 7, 2014
Buyer Not disclosed
  3th period (forecast) (Before revision) Change (%)
Operating revenues 6,662million JPY 6,457million JPY 3.2%
Net income 2,252million JPY 2,068million JPY 8.9%
Dividend per unit 10,300 JPY 9,700 JPY 6.2%

Recent 5 news of Premier Investment Corporation
Jan. 5, 2015
Premier Investment Corporation: Issuance of New Investment Units and Secondary Offering of Investment Units, Acquisition of 3 Properties


Property Acquisition Price Rankings

(Billions of yen)

1 Roppongi Hills Mori Tower 115
2 Tokyo Shiodome Building 110
3 Shiodome Building 107
4 Kitanomaru Square 82
5 Garden City Shinagawa Gotenyama 72
Unit Price Growth Rankings
1 Invincible +3.41%
2 GLP J-REIT +2.95%
3 MORI TRUST Hotel +2.30%
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