In the 27th fiscal period, property acquisition price was 45.8 billion yen and disposition price was 37.8 billion yen, with an average age of acquired assets at 3.8 years and disposed assets at 35.8 years. The forecasted EPU is projected to increase by 2.3% compared to the 27th fiscal period.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3296","jir_company_name":"Japan REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3296-20260310-01.pdf","jir_short_summary":"In the 27th fiscal period, property acquisition price was 45.8 billion yen and disposition price was 37.8 billion yen, with an average age of acquired assets at 3.8 years and disposed assets at 35.8 years. The forecasted EPU is projected to increase by 2.3% compared to the 27th fiscal period.","jir_summary":"### Overview of Performance\nIn the 27th fiscal period (Fiscal Year Ending December 2025), Japan REIT Investment Corporation continued its strategic asset replacement by acquiring newly built hotels, offices, and residential properties. The property acquisition price totaled 45.8 billion yen, disposition price was 37.8 billion yen, achieving rejuvenation with an average age of acquired assets at 3.8 years. Rent change rates increased by 5.9% for offices and 2.9% for residential properties, accelerating internal growth. Capital gains of 3.1 billion yen were recorded, and continuous creation of capital gains alongside partial internal reserves have been utilized to fund property acquisitions and strategic value-up investments.\n\n### Outlook and Investor Returns\nThe forecasted EPU for the 29th fiscal period (Fiscal Year Ending December 2026) is expected to grow by 2.3% compared to the 27th fiscal period actual results. Planned asset acquisitions through public offering aim to achieve favorable purchase prices, enhancing portfolio quality. Asset size is projected to expand to 274.2 billion yen with LTV maintained around 48%. Capital gains are forecasted at 1.2 billion yen for the 28th fiscal period. Investor returns target stable distributions supported by continuous capital gain generation and effective use of internal reserves.","jir_financial_highlights":"Property Acquisition Price: 45.8 billion yen (Unknown)\nProperty Disposition Price: 37.8 billion yen (Unknown)\nAverage Age of Acquired Assets: 3.8 years (Unknown)\nAverage Age of Disposed Assets: 35.8 years (Unknown)\nForecasted EPU Growth Rate: +2.3% (Forecasted EPU for 29th period is +2.3% vs 27th period actual)\nRent Change Rate (Office Replacements and Renewals): 5.9% (Achieved target of 5%)\nRent Change Rate (Residential Replacements and Renewals): 2.9% (Unknown)\nCapital Gains (27th Period Actual): 3.1 billion yen (Unknown)\nCapital Gains (28th Period Forecast): 1.2 billion yen (Unknown)\nAsset Size (End of 27th Period): 256.2 billion yen (Unknown)\nLTV (Total Assets \/ Market Value): 48.2% \/ 38.0% (Unknown)\nNAV per Unit: 115,607 yen (Unknown)","jir_category":"","jir_hashtags":"#JapanREITInvestmentCorporation, #FinancialPresentationMaterials, #JREIT","jir_key_figures":"Property Acquisition Price: 45.8 billion yen (since 27th period)\nProperty Disposition Price: 37.8 billion yen (since 27th period)\nForecasted EPU Growth Rate: +2.3% (Forecast for 29th period vs actual 27th period)","jir_meta_title":"Japan REIT Investment Corporation 27th Fiscal Period Financial Presentation Materials | Property Acquisition 45.8 Billion Yen, Forecasted EPU +2.3% Growth","jir_meta_description":"Japan REIT Investment Corporation's 27th fiscal period financial presentation materials. Property acquisition price at 45.8 billion yen, disposition price at 37.8 billion yen, achieving rejuvenation with an average asset age of 3.8 years. Forecasted EPU for the 29th period expected to grow by 2.3% compared to the 27th period.","jir_og_title":"Japan REIT Investment Corporation 27th Fiscal Period Financial Presentation Materials Released","jir_og_description":"In the 27th fiscal period, property acquisition was 45.8 billion yen and disposition 37.8 billion yen. Forecasted EPU is projected to increase by 2.3% compared to the 27th period. Promoting strategic asset replacement aiming for stable growth.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":9076,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-34097","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n