Real Estate Investment Trust Securities Issuer Name 2026 Variable Rent Property Operation Status | 2026-05

Performance Overview

Miraie Investment Corporation disclosed the operational status of variable rent properties in May 2026, with total sales reaching 191 million yen, representing 98% of the same period last year. The occupancy rate was 83%, down from 94% the previous year, but the ADR increased by 106% to 9,773 yen, maintaining a RevPAR of 8,101 yen, which was flat. Certain properties, such as Kyoto Karasuma Gojo and Hakata Station, secured high occupancy and profitability, demonstrating stable overall operation. The company is responding to renovation works and fluctuations in tourism demand while maintaining steady revenues.

Future Outlook and Impact on Shareholders

The company plans to continue disclosing the operational status of variable rent properties regularly, monitoring domestic and international tourism demand and renovation impacts to optimize operations. They aim to recover occupancy rates and sustain or improve ADR, contributing to the stabilization of the investment corporation’s earnings base. For investors, the steady operational results and ongoing disclosures enhance the attractiveness of the company as a stable investment.