TOKYU REIT Raises Income and Distribution Forecasts

TOKYU REIT (JP:8957) has released an update.

TOKYU REIT, Inc. has updated its expected operating conditions and distribution forecasts for the fiscal periods ending January and July 2025. Significant revisions include an increase in net income per unit to 4,815 yen for January 2025, up by 58.1% from the previous forecast, with a distribution per unit of 3,800 yen reflecting a 11.8% rise. These adjustments are attributed to a substantial gain from the sale of real estate, specifically the CONZE Ebisu property.

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