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SANKEI REAL ESTATE Inc. (2972.T)

Tokyo - Tokyo Delayed Price. Currency in JPY
93,000.00+400.00 (+0.43%)
At close: 03:15PM JST
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SANKEI REAL ESTATE Inc.

Tokyo Sankei Building
1-7-2, Otemachi Chiyoda-ku
Tokyo 100-0004
Japan
81-3-5542-1316
https://www.s-reit.co.jp

Sector(s)Real Estate
IndustryREIT—Office
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Atsushi MukaiSubstitute Exec. DirectorN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in JPY.

Description

SASANKEI REAL ESTATE Inc. listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT market) on March 12, 2019 (TSE code: 2972; abbreviation: SANKEI REAL ESTATE). SANKEI REAL ESTATE invests mainly in major metropolitan areas (Greater Tokyo, Osaka City, and Nagoya City) by setting “office buildings,” the asset type representative of Japan's real estate (securitization) market, as the primary investment target, while setting “sub assets” as the secondary investment target in which a fixed percentage of investments are made. “Sub assets” are asset types that possess characteristics different from “office buildings” and which contribute to building a strong portfolio that features both revenue stability and growth capable of withstanding the cyclical real estate market. Based on the investment policy, in terms of external growth, SANKEI REAL ESTATE aims to expand the scale of its assets by establishing an “asset recycling business model” with the sponsor group (the Sankei Building Group), which undertakes the “Urban Development, Hotels & Resorts” operations of media conglomerate Fuji Media Holdings, and thereby secure a pipeline of “office buildings” and “sub assets” developed and/or owned by the sponsor. In terms of internal growth, SANKEI REAL ESTATE aims to maintain and improve earnings of assets under management over the medium to long term by making maximum use of the sponsor group's platform, which covers development, operation, management and various other functions. As its basic philosophy, SANKEI REAL ESTATE aims to maximize unitholder value over the medium to long term by growing with the J-REIT market as a public entity of society that makes each and every person happy under the philosophy of “Making people, cities & society happy” through sponsorship support.

Corporate Governance

SANKEI REAL ESTATE Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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