This page contains the latest data on listed J-REITs.
A diversified J-REIT focused on residential properties. Acquired LCP Investment Corporation in a merger by absorption and changed its name in February 2010, followed by a 5-for-1 unit split. In July 2011, it carried out a capital increase via a third-party allotment to its new sponsor and extended its debt maturities at the same time. However, a significant rise in interest rates has increased its financing costs. In September 2012, it acquired 24 properties for 14,000 million JPY, but was still able to maintain its dividend through a large reversal of profits from the merger. The third-party allotment carried out in December 2012 was intended to cut financing costs. As a result, the forecast dividend for the period ending December 2014 is 200 JPY per unit and that for the period ending June 2014 is 464 JPY. (Information as of December 19, 2013.)
Unit DataAs of Jul. 26, 2024
Unit Price | 65,000 JPY (+1,300 JPY) |
Market Capitalization | 437,912.865 million JPY |
Dividend Yield | 5.66% (-0.12) |
Trading Volume | 95,190 units |
(Parentheses indicates daily change)
Earnings ForecastAs of Jul. 18, 2024
No data
|
Previous Period |
Current Period |
Next Period |
Beginning of Period |
Jan. 1, 2024 |
Jul. 1, 2024 |
Jan. 1, 2025 |
End of Period |
Jun. 30, 2024 |
Dec. 31, 2024 |
Jun. 30, 2025 |
Operating revenues |
20,879million JPY |
23,720million JPY |
24,247million JPY |
Net income |
12,683million JPY |
13,718million JPY |
14,467million JPY |
Dividend per unit |
1,885 JPY |
1,789 JPY |
1,887 JPY |