セントラル・リート投資法人 announced its results for the 17th fiscal period. The actual distribution per investment unit at period-end was ¥3,411, an increase from the previous fiscal period.
セントラル・リート投資法人 announced its results for the 17th fiscal period, the fiscal year ended August 2026. The distribution at period-end was ¥3,411 per investment unit, up 5.3% from the previous fiscal period. The number of investment units also increased 5.3% from the previous fiscal period.
At period-end, the portfolio comprised 20 properties, with total assets of ¥50.5 billion based on acquisition cost. The interest-bearing debt ratio was 44.7%.
For the 18th fiscal period, the fiscal year ending February 2027, full-period contributions from properties acquired in the previous fiscal period are expected. However, profit is forecast to decline 7.5% from the previous fiscal period due to the impact of a major tenant vacating Zaimax Sapporo Odori Building, and distribution per investment unit is forecast at ¥3,155.
For the 19th fiscal period, the fiscal year ending August 2027, a decline in profit is also expected, assuming vacancy at Sapporo Odori Building and against a backdrop of higher fixed asset and city planning taxes and interest expense. Distribution is forecast at ¥2,857. The organisation also indicated a policy of continuing its sponsor pipeline and acquisitions of external properties, with the aim of reaching ¥100 billion in assets at an early stage.