(Sep. 26, 2014)
MORI TRUST Sogo Reit, Inc. (TSE Code: 8961) announces the acquisition of "Kioicho Building", and revises the earnings forecasts of 26th fiscal period(Oct 1, 2014 - Mar 31, 2015).
Acquisition | |||
Property name | Kioicho Building | ||
Address | Chiyoda-ku, Tokyo | ||
Acquisition price | 34,300 million JPY | ||
Expected NOI yield | 3.4% | ||
Cap rate | 3.9% | ||
Completion | Nov, 1989 | ||
Acquisition date | October 1, 2014 | ||
Seller | Hakuba Capital 3 TMK | ||
26th period (forecast) | (Before revision) | Change (%) | |
Operating revenues | 9,928 million JPY | 8,850 million JPY | 12.2% |
Net income | 4,818 million JPY | 4,593 million JPY | 4.9% |
Dividend per unit | 3,650 JPY | 3,480 JPY | 4.9% |
(Billions of yen)
1 | Shinjuku Mitsui Bldg. | 170 |
---|---|---|
2 | IIDABASHI GRAND BLOOM | 139 |
3 | Roppongi Hills Mori Tower | 115 |
4 | Shiodome Building | 107 |
5 | Tokyo Shiodome Building | 83 |
1 | Healthcare & Medical | +2.50% |
---|---|---|
2 | Marimo Regional Revitalization | +2.19% |
3 | Invincible | +2.13% |
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