Daiwa Office Investment Corporation (TYO: 8976)
Japan flag Japan · Delayed Price · Currency is JPY
285,500
-2,900 (-1.01%)
Dec 19, 2024, 3:45 PM JST

Daiwa Office Investment Company Description

Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No.

198 of 1951; including amendments thereto) with Daiwa Real Estate Asset Management Co., Ltd. (former name K.K. daVinci Select) (the “Asset Manager”) as the organizer.

After its establishment, the Investment Corporation implemented an additional issuance of investment units through a public offering (99,600 units) on October 18, 2005 and then listed on the Tokyo Stock Exchange, Inc. (TSE) Real Estate Investment Trust Section (stock code: 8976) on the following day.

Though initial assets under management were 79,573 million yen (sum total of acquisition price), subsequent activities, such as additional acquisition of properties and replacement of portfolio properties, resulted in the assets under management amounting to 468,886 million yen as of the last day of May 2024.

The Investment Corporation strives to secure stable revenue and sustained growth of the investment assets based on a clear portfolio development policy of specializing in investment in office buildings, with a particular focus on investment in a total floor area of more than about 2,000 m2 situated in downtown Tokyo, as well as through dedicated efforts to heighten tenant satisfaction levels.

Daiwa Office Investment Corporation
Country Japan
Founded 2005
Industry REIT - Office
Sector Real Estate
Employees 124

Contact Details

Address:
6-2-1 Ginza
Tokyo, 104-0061
Japan
Phone 81 3 6215 9500
Website daiwa-office.co.jp

Stock Details

Ticker Symbol 8976
Exchange Tokyo Stock Exchange
Fiscal Year June - May
Reporting Currency JPY
ISIN Number JP3046310003
SIC Code 6798