Contact UsJ-REIT News
[ JAPANESE ]
A diversified J-REIT focused on offices. For its flagship properties, which account for a little less than 40% of its portfolio, concluded a fixed lease agreement with its sponsor to avoid fluctuations in earnings. Currently, certain properties are affected by the termination of master lease agreements and the departure of a major tenant, but it has continued to maintain a high dividend among office-focused J-REITs. Occasionally it purchases a property first and then later increases its capital to correct high debt levels incurred after the property acquisition. The forecast dividend for the period ending March 2014 is 17,200 JPY per unit, and that for the period ending September 2014 is 17,400 JPY; internal reserves will be used in both dividends. (Information as of December 19, 2013.)
| Unit Price | 139,000 JPY (-2,900 JPY) |
|---|---|
| Market Capitalization | 183,480 million JPY |
| Dividend Yield | 4.28% (+0.09) |
| Trading Volume | 4,979 units |
| Previous Period | Current Period | Next Period | |
|---|---|---|---|
| Beginning of Period | Oct. 1, 2021 | Apr. 1, 2022 | Oct. 1, 2022 |
| End of Period | Mar. 31, 2022 | Sep. 30, 2022 | Mar. 31, 2023 |
| Operating revenues | 8,528million JPY | 6,845million JPY | 8,298million JPY |
| Net income | 4,537million JPY | 3,257million JPY | 4,189million JPY |
| Dividend per unit | 3,195 JPY | 3,000 JPY | 2,950 JPY |
| Total Acquisition Price | 325 billion JPY |
|---|---|
| Number of Properties | 16 |
| 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.