Growth Strategy Going Forward
Aiming to Achieve Stable Growth over the Long Term
For the 31st fiscal period, JPR generated good financial results thanks to an increase in revenues through acquiring three properties in Central Tokyo, as well as internal growth through raising of rents upon tenant replacement and other measures.
Distribution per unit came to 7,213 yen, a record high since listing and up 165 yen from the previous fiscal period, marking the seventh straight fiscal period with a period-on-period increase.
For the 32nd fiscal period ending December 2017, distribution per unit is forecast to be 7,220 yen, marking the eighth straight fiscal period with a period-on-period increase, as continuous endeavors will be made to raise rents, and maintain and enhance occupancy rates amid an overall increase in contract rents due to strong demand for office spaces.
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||