Growth Strategy Going Forward
Aiming to Achieve Stable Growth over the Long Term
For the 35th fiscal period, JPR maintained a good performance thanks to strong office demand keeping the occupancy rate of its office properties at a high level during the period, as well as higher rents in accordance with contract revisions, among other factors.
Distribution per unit came to 7,380 yen, a new record high since listing, marking the eleventh straight fiscal period with a period-on-period increase.
For the 36th fiscal period ending December 2019 and thereafter, JPR expects distribution per unit to continue showing a period-on-period increase. Going forward, JPR will continue its endeavors to achieve a steady growth in its distributions per unit and the value of its assets over a long term through strategic leasing activities and good communications with existing tenants.
Growth in Distribution per Unit (DPU) and Medium-term
(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 of stable growth
|Quality of the Portfolio||
|Vigorously Selective Investment in Prime Properties||
|Leasing Focused on Rents||
|Strong Financial Base||