Growth Strategy Going Forward
Aiming to Achieve Stable Growth over the Long Term
For the 33rd fiscal period, JPR continued to generate good financial results thanks to a progress made in upward revision of rents upon tenant replacement and contract renewal, among other factors.
Distribution per unit came to 7,245 yen, a new record high since listing, marking the ninth straight fiscal period with a period-on-period increase.
For the 34th fiscal period ending December 2018 and thereafter, JPR expects distribution per unit to continue showing a period-on-period increase. Going forward, JPR will endeavor to achieve a steady growth in cash distributions through strategic leasing activities and good communications with existing tenants.
Growth in Distribution per Unit (DPU)
(Note)Distribution per unit as medium-term target is a management target set by TRIM, and there is no guarantee that the figure is achieved.
Factors That Shifted Distribution per Unit to an Upward Trend
|Quality of the Portfolio||
|Vigorously Selective Investment in Prime Properties||
|Leasing Focused on Rents||
|Strong Financial Base||