Edition:
United States

Japan Hotel Reit Investment Corp (8985.T)

8985.T on Tokyo Stock Exchange

72,400JPY
2:00am EDT
Change (% chg)

¥500 (+0.70%)
Prev Close
¥71,900
Open
¥72,100
Day's High
¥72,500
Day's Low
¥72,100
Volume
6,744
Avg. Vol
12,903
52-wk High
¥84,300
52-wk Low
¥69,900

Latest Key Developments (Source: Significant Developments)

R&I upgrades Japan Hotel Reit Investment's rating to "A" and announces stable rating outlook
Wednesday, 5 Oct 2016 03:16am EDT 

Japan Hotel Reit Investment <8985.T>: Says Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "A" from "A-" .Says rating outlook stable, changed from positive.  Full Article

Japan Hotel Reit Investment completes Nagoya-based property's acquisition for 15.25 bln yen
Thursday, 1 Sep 2016 02:29am EDT 

Japan Hotel Reit Investment Corp <8985.T> :Says it completes acquisition of trust beneficial rights of a property located in Nagoya, for 15.25 billion yen, on Sept. 1.  Full Article

Japan Hotel Reit Investment completes acquisition of property for 4.93 bln yen
Friday, 19 Aug 2016 02:00am EDT 

Japan Hotel Reit Investment Corp <8985.T> : Says it completes acquisition of trust beneficial rights of hotel property located in Fukuoka for 4.93 billion yen, on Aug. 19 .Plan disclosed on July 7.  Full Article

Japan Hotel REIT Investment confirms to raise 926.9 mln yen via private placement
Thursday, 18 Aug 2016 02:55am EDT 

Japan Hotel REIT Investment Corp <8985.T>: Says it confirmed to issue 11,740 new units through private placement, to SMBC Nikko Securities Inc. . Says it to raise 926.9 million yen via private placement .Says subscription date on Aug. 22 and payment date on Aug. 23.  Full Article

Japan hotel Reit Investment completes acquisition of property in Osaka
Monday, 1 Aug 2016 03:10am EDT 

Japan hotel Reit Investment Corp <8985.T> :Says it completes acquisition for trust beneficial rights of a property located in Osaka for 27 billion yen, on Aug. 1.  Full Article

Japan Hotel REIT Investment says determination of number of new investment units to be issued
Monday, 25 Jul 2016 02:00am EDT 

Japan Hotel REIT Investment Corp <8985.T>:Says it determined to issue 428,260 new units via public offering and with paid-in price of 33.81 billion yen in total.  Full Article

Japan Hotel Reit Investment prices units issuance
Wednesday, 20 Jul 2016 08:36am EDT 

Japan Hotel Reit Investment Corp <8985.T> : Says it plans to issue new units via public offerings for 33.8 billion yen in total, with subscription period from July 21 to July 22, payment date on July 27 and transaction date on July 28 .Says it plans to issue new units via private placement for 926.9 million yen in total, with subscription date on Aug. 22 and payment date on Aug. 23.  Full Article

Japan Hotel Reit Investment to issue new units for 35.49 bln yen via public offering and private placement
Thursday, 7 Jul 2016 02:31am EDT 

Japan Hotel Reit Investment Corp <8985.T>: Says it resolved to issue 428,260 new units by way of domestic public offering(186,260 units) and the international offering(242,000 units) . Says subscription period and payment date are not disclosed . Says it resolved to issue 11,740 new units through private placement . Says subscription on Aug. 22 and payment on Aug. 23 .Says it will raise up to 35.49 billion yen in total and the proceeds will be used for properties acquisition.  Full Article

Japan Hotel Reit Investment to take out 14 bln yen and to buy three properties
Thursday, 7 Jul 2016 02:24am EDT 

Japan Hotel Reit Investment Corp <8985.T> : Says it plans to buy three properties for 47,175 million yen in total .Says it plans to take out a loan of 14 billion yen for property acquisition.  Full Article

Japan Hotel REIT Investment completes acquisition of property
Friday, 1 Apr 2016 02:00am EDT 

Japan Hotel REIT Investment Corp:Completes acquisition of trust beneficial rights of a property for 7,197,217,000 yen in total.Plan was disclosed on Feb. 18.  Full Article

TABLE-Japan Hotel REIT Investment-6 MTH results

Aug 22 (Reuters) Japan Hotel REIT Investment Corporation FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 6 months 6 months Year ended Jun 30, 2017 ended Jun 30, 2016 to Dec 31, 2017 LATEST PRIOR COMPANY RESULTS RESULTS FORECAST Revenues 11.27 9.39 25.5