Heiwa Real Estate REIT Company Description
HEIWA REAL ESTATE REIT, Inc. (“HEIWA REAL ESTATE REIT”) was established on January 31, 2002 as an investment corporation under the Act on Investment Trusts and Investment Corporations (Act No.
198 of 1951, including subsequent revisions, hereinafter referred to as the “Investment Trust Act”) by the founder (the former Canal Investment Trust Co., Ltd.; now, HEIWA REAL ESTATE REIT Asset Management, Inc., the Asset Management Company).
HEIWA REAL ESTATE REIT is an externally managed real estate fund, established as an investment corporation.
HEIWA REAL ESTATE REIT Asset Management, Inc., as HEIWA REAL ESTATE REIT’s asset management company, is engaged in acquiring, managing, leasing, and renovating office properties, residential properties and commercial properties.
HEIWA REAL ESTATE CO., LTD. (“HEIWA REAL ESTATE”) currently own 100% of HEIWA REAL ESTATE REIT Asset Management, Inc. Investment units in HEIWA REAL ESTATE REIT have been listed on the Real Estate Investment Trust Section (J-REIT Section) of the Tokyo Stock Exchange since March 8, 2005.
Subsequently, HEIWA REAL ESTATE REIT issued new investment units through public offerings and third-party allotments on several occasions, and executed an investment unit split and investment unit issuance due to a merger with Japan Single-residence REIT Inc. on October 1, 2010.
As of November 30, 2024, HEIWA REAL ESTATE REIT has ownership or trust beneficiary interests in 127 properties with approximately 319,240.38 square meters of rentable space and has leased space to 5,977 tenants.
The occupancy rate for the properties is approximately 97.5%.
Country | Japan |
Industry | REIT - Diversified |
Sector | Real Estate |
CEO | Masanori Hirano |
Contact Details
Address: Kabutocho Heiwa Bldg. No.2 Tokyo, 103-0026 Japan | |
Phone | 81 3 3669 8771 |
Website | heiwa-re.co.jp |
Stock Details
Ticker Symbol | 8966 |
Exchange | Tokyo Stock Exchange |
Stock Type | Common Stock |
Fiscal Year | December - November |
Reporting Currency | JPY |
ISIN Number | JP3046220004 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Masanori Hirano | Chief Executive Officer |
Yuji Tomiyasu | Chief Financial Officer |
Yuji Tomiyasu | Head of Investor Relations |