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Japan Hotel Reit Investment ( (JP:8985) ) just unveiled an update.
Japan Hotel REIT Investment Corporation has released its operating and dividend forecasts for the fiscal year ending December 2025. The full year forecast anticipates a significant increase in operating revenue and net income compared to the previous period, with a dividend per unit projected at JPY4,461. The acquisition of the Hilton Fukuoka Sea Hawk and the sale of Washington Hotel Plaza Hakata Nakasu are key factors influencing these results, reflecting strategic adjustments in JHR’s portfolio.
More about Japan Hotel Reit Investment
Japan Hotel REIT Investment Corporation operates in the real estate investment sector, focusing on investments in hotel properties across Japan. The company manages a diverse portfolio of hotels, including those with variable and fixed rental agreements.
YTD Price Performance: 1.47%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.3B
Find detailed analytics on 8985 stock on TipRanks’ Stock Analysis page.