サンケイリアルエステート投資法人 announced results for the 15th fiscal period. Actual distributions were ¥3,680 per unit, while the period-end portfolio comprised 16 properties with an asset scale of ¥93.9 billion.
サンケイリアルエステート投資法人 announced results for the 15th fiscal period, reporting net income of ¥1,719 million and distributions of ¥3,680 per unit. No new properties were acquired during the period, and although a TOB was announced, it was not completed.
The period-end portfolio comprised 16 properties, with total acquisition costs of ¥93.9 billion. The interest-bearing debt ratio was 48.9%.
For the 16th fiscal period, the investment corporation plans to sell Fukuoka Green Building, with an expected gain on sale of ¥292 million. However, affected by income from restoration costs, profit is expected to decline 44% from the previous period. Distributions are expected to be ¥2,061 per unit.
For the 17th fiscal period, profit is expected to continue declining from the previous forecast because no gain on sale is expected. Distributions are forecast at ¥1,539 per unit. If the TOB results affect the earnings forecast, the investment corporation plans to make a further announcement.