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Mitsubishi Estate Co Ltd (8802.T)

8802.T on Tokyo Stock Exchange

1,904JPY
2:00am EDT
Change (% chg)

¥-42 (-2.18%)
Prev Close
¥1,946
Open
¥1,923
Day's High
¥1,926
Day's Low
¥1,901
Volume
4,383,800
Avg. Vol
3,906,207
52-wk High
¥2,443
52-wk Low
¥1,806

Latest Key Developments (Source: Significant Developments)

Mitsubishi Estate Logistics REIT Investment announces IPO on Tokyo Stock Exchange on Sept. 14
Wednesday, 16 Aug 2017 03:59am EDT 

Aug 16 (Reuters) - Mitsubishi Estate Logistics REIT Investment Corp <3481.T>::* Says its stock will begin trading on the Tokyo Stock Exchange on Sept. 14, 2017, under the symbol "3481".* The company will offer a total of 198,000 shares, with total offering price of 49.5 billion yen .* SMBC Nikko Securities Inc, Mitsubishi UFJ Morgan Stanley Securities Co Ltd, Daiwa Securities Co Ltd, Mizuho Securities Co Ltd and Nomura Securities Co Ltd, will be the underwriters for this offer.  Full Article

Japan Real Estate Investment to acquire trust beneficial rights of property for 10.53 bln yen
Tuesday, 1 Aug 2017 02:57am EDT 

Aug 1(Reuters) - Japan Real Estate Investment Corp <8952.T>:Says it will acquire trust beneficiary rights of a property located in Tokyo, for 10.53 billion yen, on Sept. 1.  Full Article

Capitaland enters JV with CapitaLand Commercial Trust and Mitsubishi Estate
Wednesday, 12 Jul 2017 06:30pm EDT 

July 13 (Reuters) - Pdf 1: Capitaland Limited:Joint Venture between Capitaland, CapitaLand Commercial Trust And Mitsubishi Estate to redevelop Golden Shoe Car Park.estimated cost of project (including cost of property) is approximately s$1.82 billion.Capitaland Singapore Limited entered into a 45:45:10 joint venture with Capitaland Commercial Trust and Mitsubishi Estate Co.JV to invest in redevelopment of Golden Shoe Car Park into an integrated development.deal not expected to have any material impact on earnings per share of Capitaland group for financial year ending 31 December 2017..  Full Article

Japan Real Estate Investment to issue REIT bonds for 100 bln yen
Friday, 10 Mar 2017 01:43am EST 

Japan Real Estate Investment Corp <8952.T>: Says it plans to issue REIT bonds for 100 billion yen from March 10 to Sep. 30 .Says the proceeds to be used to fund acquisition, loan repayment and working capital.  Full Article

Japan Real Estate Investment to buy properties in Tokyo
Tuesday, 28 Feb 2017 12:37am EST 

Japan Real Estate Investment Corp <8952.T> : Says it plans to buy a Tokyo-based property for 6.21 billion yen . Says co plans to acquire additional 5 percent stake in trust beneficial rights of a property located in Tokyo for 10.45 billion yen, raising stake in the property to 50 percent .Acquisition date on March 30.  Full Article

Mitsui Fudosan's pretax profit likely grew 10 pct for nine-month period - Nikkei
Friday, 13 Jan 2017 03:55pm EST 

Nikkei: Mitsui Fudosan's pretax profit likely grew 10 pct on the year to around 160 billion yen ($1.39 billion) for the nine-month period - Nikkei .Sumitomo Realty & Development and Mitsubishi Estate also likely saw pretax profits of around 130 billion yen, for april-december period - Nikkei.  Full Article

R&I affirms Mitsubishi Estate's rating at "AA-" and says stable outlook – R&I
Monday, 29 Aug 2016 02:15am EDT 

Mitsubishi Estate Co Ltd <8802.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-" – R&I .Rating outlook stable– R&I.  Full Article

Mitsubishi Estate to merge unit on Sep. 16
Thursday, 4 Aug 2016 02:42am EDT 

Mitsubishi Estate Co Ltd <8802.T>: Says it to merge its Tokyo-based subsidiary that engaged in parking business on Sep. 16 .Says the subsidiary to be dissolved after merger.  Full Article

Mitsubishi Estate plans 288,875 shares issuance for 572 mln yen
Thursday, 21 Jul 2016 03:42am EDT 

Mitsubishi Estate Co Ltd <8802.T> :Says it plans to issue 288,875 shares via private placement for 572 million yen wit payment date on Aug. 19.  Full Article

Mitsubishi Estate to enter budget hotel business - Nikkei<8802.T>
Tuesday, 5 Jul 2016 04:42pm EDT 

Nikkei: Mitsubishi Estate to enter budget hotel business with three locations set to open in Osaka and Tokyo by fiscal 2018; co to spend $147 million on three projects - Nikkei .  Full Article

BRIEF-Capitaland enters JV with CapitaLand Commercial Trust and Mitsubishi Estate

* Joint Venture between Capitaland, CapitaLand Commercial Trust And Mitsubishi Estate to redevelop Golden Shoe Car Park