Hankyu Hanshin REIT, Inc. Provides Financial Forecasts for the Fiscal Period from June 1, 2023 to November 30, 2023 and from December 1, 2023 to May 31, 2024
July 19, 2023 at 02:00 am EDT
Share
Hankyu Hanshin REIT, Inc. provided financial forecasts for the Fiscal Period from June 1, 2023 to November 30, 2023 and from December 1, 2023 to May 31, 2024. For the period ending November 30, 2023, Operating revenues of JPY 5,894 million, Operating income of JPY 2,370 million, Net income of JPY 2,036 million and Distribution per unit of JPY 2,930.
For the period ending May 31, 2024, Operating revenues of JPY 5,844 million, Operating income of JPY 2,334 million, Net income of JPY 1,963 million and Distribution per unit of JPY 2,930.
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 Financial Forecasts for the Fiscal Period from June 1, 2023 to November 30, 2023 and from December 1, 2023 to May 31, 2024
HANKYU HANSHIN REIT, INC. 
