霞ヶ関ホテルリート投資法人 announced its second fiscal-period results, with actual distribution per unit, including distributions in excess of earnings, coming to ¥3,145. The period-end portfolio comprised 15 properties, asset size was ¥49.2 billion, and the interest-bearing debt ratio was 44.1%; RevPER was ¥19,889, up year on year.
霞ヶ関ホテルリート投資法人 released results for the second fiscal period, the fiscal period ending July 2026. It consequently made a distribution in excess of earnings equivalent to 25% of depreciation, bringing distribution per unit to ¥3,145.
The period-end portfolio comprised 15 properties, asset size was ¥49.2 billion based on total acquisition costs, and the interest-bearing debt ratio was 44.1%. RevPER for August 2025 to July 2026 was ¥19,889, an increase of 14.4% from the same period a year earlier.
For the third fiscal period, the fiscal period ending January 2027, profit is expected to increase from the previous period due to higher variable rents resulting from seasonal factors. Distribution per unit is expected to be ¥3,443, an increase of 9.5%.
For the fourth fiscal period, the fiscal period ending July 2027, profit is expected to decline 8.6% from the previous period's forecast due to lower variable rents resulting from seasonal factors and the impact of expenses. The outlook for distribution per unit is ¥3,167, a decline of 8%.