Today I will talk about MIRAI Corporation, which mainly owns office buildings in Tokyo, and owns 33 properties in many parts of Japan.
※The above images are from MIRAI Corporation’s website
MIRAI Corporation is a comprehensive J-REIT that is sponsored by Mitsui & Co., Ltd. and a real estate investment company of Chinese capital, In the future, MIRAI Corporation shows the idea to proceed with the acquisition of non-traditional assets such as healthcare facilities, infrastructure facilities, forests, overseas real estate owned by companies under the sponsorship.
Number of owned properties: 33 ←Click here
(Offices 58.9%, Hotels 19.3%, Commercial facilities 16.4%)
￥39,400 （9/17 last closing price) The latest price← click here
The final month of the settlement : April / October
Yield 6.42 % NAV 0.80 LTV 48.25%
Due to Covid-19, it seems that tenants of commercial facilities and hotels that have been temporarily closed have requested for rental fees to be lowered.
On the other hand, due to an increase in rental income of new properties and gain on sales of properties, the distribution was 1,561 yen, which was the same level as the previous year.
Transition of distribution
|
|
distribution |
|
2021.4 |
1,150 |
|
2020.10 |
1,380 |
|
2020.4 |
1,561 |
|
2019.10 |
1,563 |
|
2019.4 |
1,436 |
|
2018.10 |
1,417 |
|
2018.4 |
1,452 |
|
2017.10 |
1,294 |
*The figures for 2020.10 and 2021.4 are estimated values
Note: You should be responsible for your own investment. Please make your own final judgment.