Hankyu Hanshin REIT, Inc. Provides Earnings Guidance for the Fiscal Period from December 1, 2023 to May 31, 2024 and from June 1, 2024 to November 30, 2024
January 24, 2024 at 01:00 am EST
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Hankyu Hanshin REIT, Inc. provided earnings guidance for the fiscal period from December 1, 2023 to May 31, 2024 and from June 1, 2024 to November 30, 2024. For the period from December 1, 2023 to May 31, 2024, the company expects operating revenues to be JPY 5,917 million. Operating income to be JPY 2,394 million. Net income to be JPY 2,038 million.
For the period from June 1, 2024 to November 30, 2024, the company expects operating revenues to be JPY 6,101 million. Operating income to be JPY 2,512 million. Net income to be JPY 2,113 million.
Hankyu Hanshin REIT, Inc., formerly Hankyu REIT, Inc. is a real estate investment trust (REIT) company. It aims to achieve stable earnings and sustainable growth of its investment assets to maximize investment value from mid- to long-term perspectives, by investing in commercial and office buildings mainly located in the Kansai area, which consists of Osaka, Kyoto, Hyogo, Nara, Shiga and Wakayama prefectures.Its top ten properties based on investment ratio were HEP Five, NU chayamachi, Shiodome East Side Building, Sphere Tower Tennoz, Takatsuki-Josai Shopping Center, Kitano Hankyu Building, LaLaport KOSHIEN (site), Dew Hankyu Yamada, LAXA Osaka and Namba-Hanshin Building. Hankyu REIT's asset manager is Hankyu REIT Asset Management, Inc.
Hankyu Hanshin REIT, Inc. Provides Earnings Guidance for the Fiscal Period from December 1, 2023 to May 31, 2024 and from June 1, 2024 to November 30, 2024
HANKYU HANSHIN REIT, INC. 
