Hankyu Hanshin REIT, Inc. Provides Earnings Guidance for the Fiscal Period from June 1, 2022 to November 30, 2022 and from December 1, 2022 to May 31, 2023
July 19, 2022 at 02:00 am EDT
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Hankyu Hanshin REIT, Inc. provided earnings guidance for the Fiscal Period from June 1, 2022 to November 30, 2022 and from December 1, 2022 to May 31, 2023. For the Period from June 1, 2022 to November 30, 2022, the company expected Operating revenues of JPY 5,698 million, Operating income of JPY 2,402 million, Net income of JPY 2,071 million and Distribution per unit of JPY 2,980.
For the Period from December 1, 2022 to May 31, 2023, the company expected Operating revenues of JPY 5,650 million, Operating income of JPY 2,409 million, Net income of JPY 2,085 million and Distribution per unit of JPY 3,000.
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 June 1, 2022 to November 30, 2022 and from December 1, 2022 to May 31, 2023