Japan
· Delayed Price · Currency is JPY Daiwa Securities Living Investment Company Description
The Investment Corporation was established on October 7, 2005, based on the provisions of the Act on Investment Trusts and Investment Corporations (Act No.
198 of 1951, as amended), and listed as a “housing-specific REIT” on the Tokyo Stock Exchange Real Estate Investment Trust market (stock code: 8986) on June 22, 2006.
The Investment Corporation merged with Prospect Reit Investment Corporation in an absorption-type merger on July 1, 2010, and since then it has been seeking to steadily enhance distributions primarily by improving the quality of its portfolio through the replacement of properties (acquiring new properties and disposing of existing properties), strengthening overall operations by improving occupancy rates and other factors, and reducing costs by decreasing expenses for interest-bearing debt and other items.
Furthermore, as a result of an absorption-type merger (hereinafter the “Merger”) whereby the Investment Corporation is the surviving corporation and Nippon Healthcare Investment Corporation (hereinafter “NHI”) is the absorbed corporation on April 1, 2020, upon which the trade name was changed from “Japan Rental Housing Investments Inc.” to “Daiwa Securities Living Investment Corporation” and healthcare facilities were added to the portfolio, the Investment Corporation is now managed as a “REIT that comprehensively provides comfortable living spaces that ‘support life and lifestyle of everyone’ suited to each life stage.” The properties under management at the end of September 2024 consisted of 252 properties with a total acquisition price of ¥400,197 million and a total rentable floor area of 770,559.85 square meters.
| Country | Japan |
| Founded | 2005 |
| Industry | REIT - Residential |
| Sector | Real Estate |
| Employees | 15,028 |
| CEO | Yoshiki Nishigaki |
Contact Details
Address: 6-2-1 Ginza Tokyo, 104-0061 Japan | |
| Phone | 81 3 6757 9680 |
| Website | daiwa-securities-living.co.jp |
Stock Details
| Ticker Symbol | 8986 |
| Exchange | Tokyo Stock Exchange |
| Fiscal Year | October - September |
| Reporting Currency | JPY |
| ISIN Number | JP3046410001 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Yoshiki Nishigaki | Chief Executive Officer |
| Seiji Kimoto | Chief Financial Officer |