Provider: Wright Reports
Orix Jreit Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Orix Jreit Inc to Acquire Properties; Raises Outlook and Distribution per Unit for Fiscal Period Ending February 2014 and Issues Outlook and Distribution per Unit for Fiscal Period Ending August 2014
Orix Jreit Inc announced that it will acquire trust beneficiary rights in two Tokyo-based properties for JPY 8,500 million and JPY 4,815 million respectively, a Miyagi-based property for JPY 3,510 million from ORIX CORP, an Akita-based property for JPY 980 million from ORIX Real Estate Corporation, as well as an Ishikawa-based property for JPY 2,410 million, on November 1, 2013. The Company announced that it has raised its outlook for revenue from JPY 12,965 million to JPY 13,505 million, net profit from JPY 3,691 million to JPY 3,999 million, and distribution per unit from JPY 2,320 to JPY 2,370, for the fiscal period ending February 2014. The Company has issued its outlook for net profit of JPY 4,016 million, and distribution per unit of JPY 2,380, for the fiscal period ending August 2014.
Latest Developments for Orix Jreit Inc
- R&I affirms Orix Jreit Inc's rating at "A+" and rating outlook stable
- Orix Jreit Inc Raises Financial Guidance and Distribution per Unit Forecast for Fiscal Period Ended August 2013
- Orix Jreit Inc Raises Financial Guidance and Distribution per Unit Forecast for Fiscal Period Ending February 2014
- R&I Affirms Rating on Orix Jreit Inc at "A+"; Rating Outlook Stable
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