Growth Strategy Going Forward
Aiming to Achieve Stable Growth over the medium to long term
In the 38th fiscal period, the Japanese economy had shown a pickup for some time, partly due to the government's policies like the "Go To" campaigns proving effective. Nevertheless, with the COVID-19 infection again spreading toward the end of the year and the government declaring the second state of emergency early in the new year, the outlook continues to be uncertain.
Under such circumstances, JPR conducted asset replacement by utilizing sponsor pipelines, in an effort to make its portfolio stronger. The properties owned by JPR also continued to operate at high occupancy. These helped us to record distridution per unit of 7,550 yen for the 38th fiscal period.
For the 39th fiscal period ending June 2021 and thereafter, the business environment is likery to remain unpredictable under the impact of COVID-19. In spite of this, JPR will continue its endeavors, to realize our stable growth over the medium to long term.
Change in Distribution per Unit and Medium-term Target
(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||