Key Developments: Japan Hotel Reit Investment Corp (8985.T)

8985.T on Tokyo Stock Exchange

54,500JPY
12:51am EDT
Price Change (% chg)

¥-600 (-1.09%)
Prev Close
¥55,100
Open
¥55,000
Day's High
¥55,200
Day's Low
¥53,800
Volume
11,265
Avg. Vol
11,598
52-wk High
¥55,300
52-wk Low
¥36,850

Search Stocks

Latest Key Developments (Source: Significant Developments)

Japan Hotel REIT Investment Corp completes acquisition of property
Wednesday, 9 Jul 2014 02:00am EDT 

Japan Hotel REIT Investment Corp:Completed acquisition of a property for 6,797 million yen on July 9 from a Japan-based company.Acquisition plan disclosed on June 25.  Full Article

Japan Hotel REIT Investment Corp to take out loans
Wednesday, 25 Jun 2014 02:00am EDT 

Japan Hotel REIT Investment Corp:To take out a loan of 4,800 million yen from.  Full Article

Japan Hotel REIT Investment Corp to acquire property
Wednesday, 25 Jun 2014 02:00am EDT 

Japan Hotel REIT Investment Corp:To acquire a property for 6,797 million yen on July 9 from a Japan-based company.  Full Article

Japan Hotel REIT Investment Corp to issue investment corporation bonds
Thursday, 6 Mar 2014 10:20pm EST 

Japan Hotel REIT Investment Corp:To issue 3rd series unsecured investment corporation bonds worth 2 bln yen, with interest rate of 0.92 pct per annum and maturity date March 19, 2019.Face value of 100 mln yen and issue price at 100 yen per face value of 100 yen.Subscription date March 7 and payment date March 19.SMBC Nikko Securities and Daiwa Securities will serve as underwriters, and proceeds to be used for loan repayment.  Full Article

Japan Hotel REIT Investment Corp raises outlook and distribution per unit for FY 2013
Wednesday, 5 Feb 2014 02:00am EST 

Japan Hotel REIT Investment Corp:Sees raised outlook for fiscal year ended Dec. 31, 2013.Sees revenue of 11,472 million yen raised from 11,386 million yen.Sees operating profit of 5,367 million yen raised from 5,262 million yen.Sees ordinary profit of 3,740 million yen raised from 3,627 million yen.Sees net profit of 3,233 million yen raised from 3,113 million yen.Sees distribution per unit of 1,939 yen raised from 1,896 yen.Says outlook raised due to increase in rent revenue and revision of expense.  Full Article

Japan Hotel REIT Investment Corp sells property
Friday, 24 Jan 2014 01:00am EST 

Japan Hotel REIT Investment Corp:Says completed the selling of trust beneficiary rights in a property located in Osaka, for 700 million yen on Jan. 24.  Full Article

Japan Hotel REIT Investment Corp to sell property
Thursday, 19 Dec 2013 02:00am EST 

Japan Hotel REIT Investment Corp:Says to sell trust beneficiary rights in a property located in Osaka, for 700 million yen on Jan. 24, 2014.  Full Article

Japan Hotel REIT Investment Corp lowers full-year net profit outlook for FY 2013
Thursday, 19 Dec 2013 02:00am EST 

Japan Hotel REIT Investment Corp:Sees full-year revenue outlook of 11,386 million yen raised from 11,222 million yen, for fiscal period ending Dec. 31, 2013.Sees full-year operating outlook of 5,262 million yen lowered from 6,008 million yen.Sees full-year ordinary profit of 3,627 million yen lowered from 4,349 million yen.Sees full-year net profit of 3,113 million yen lowered from 4,357 million yen.Sees full-year distribution per unit of 1,896 yen raised from 1,803 yen.Says revenue raised due to increase in revenue from property and cost reduction, and net profit lowered due to loss on sale and impairment loss of properties.  Full Article

Japan Hotel REIT Investment Corp gives mid-year and full-year outlook for FY 2014
Thursday, 19 Dec 2013 02:00am EST 

Japan Hotel REIT Investment Corp:Sees mid-year revenue outlook of 5,275 million yen, for fiscal period ending Dec. 31, 2014.Sees mid-year operating profit of 2,709 million yen.Sees mid-year ordinary profit of 1,860 million yen.Sees mid-year net profit of 1,858 million yen.Sees full-year revenue outlook of 11,964 million yen.Sees full-year operating profit of 6,684 million yen.Sees full-year ordinary profit of 5,074 million yen.Sees full-year net profit of 5,072 million yen.Sees full-year distribution per unit of 1,940 yen.  Full Article

Japan Hotel REIT Investment Corp to Issue Corporate Bonds
Wednesday, 20 Nov 2013 01:00am EST 

Japan Hotel REIT Investment Corp announced that it will its second series corporate bonds worth JPY 2,500 million in total, each with par value of JPY 100 million and issue price of JPY 100 for per face value of JPY 100, and with a coupon rate of 0.89%. The bonds will be issued on November 26, 2013 and be repaid on November 25, 2016. SMBC Nikko Securities Inc and Daiwa Securities Co. Ltd. will act as the underwriter.  Full Article

Search Stocks