Mitsubishi Estate Logistics REIT Investment Corporation (TYO:3481)
Japan · Delayed Price · Currency is JPY 104,500
-900 (-0.85%)
Oct 29, 2026, 3:30 PM JST
Mitsubishi Estate Logistics REIT Investment Earnings Call Transcripts
Fiscal Year 2024
-
16th-period DPU rose 18.8% to ¥9,602, driven by disposition gains, rent growth and cost reductions. Asset replacements improved portfolio yield and quality, while rent increases are expected to offset higher financing costs.
-
15th-period DPU rose 3.2% to ¥8,083, extending a streak of 11 periods of growth. Asset replacement is expected to improve yields and generate disposal gains, while rent revisions and a 14-property pipeline support continued growth.