SANKEI REAL ESTATE Inc. (2972.T) JPX

Currency In JPY

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SANKEI REAL ESTATE Inc.

Address

S-GATE Otemachi-Kita 4F

Tokyo, TY 100-0004

Japan

Phone

81-3-5542-1316

Sector

Real Estate

Industry

REIT - Office

Employees

N/A

First IPO Date

March 12, 2019

Key Executives

NameTitlePayYear Born
Hiroyuki ToshimaExecutive Vice President at Sankei Building Asset Management Co., Ltd.0N/A
Atsushi MukaiExecutive Vice President (Finance, IR, Business Management)0N/A
Hideki NakanoHead of Investment Management - Sankei Building Asset Management Co., Ltd.0N/A
Akio WatanabeDirector of Finance & IR Department - Sankei Building Asset Management Co., Ltd.0N/A
Yuichi OtaPresident, Executive Officer & Representative Director0N/A
Shunichiro NagatomoCompliance Officer & Head of Compliance Office - Sankei Building Asset Management Co., Ltd.0N/A
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Description

SANKEI REAL ESTATE Inc., identified by TSE code 2972, made its debut on the Tokyo Stock Exchange's J-REIT market on March 12, 2019. The Trust primarily targets prime office properties in Japan's leading metropolitan areas, including Greater Tokyo, Osaka, and Nagoya. These assets are considered foundational within the country's real estate securitization sector. A portion of its capital is also strategically allocated to "sub assets" – property categories distinct from office buildings. This diversification aims to construct a resilient portfolio, delivering both consistent revenue and appreciative growth, capable of navigating the inherent cycles of the real estate market. For external expansion, SANKEI REAL ESTATE leverages an "asset recycling business model" in collaboration with its sponsor, the Sankei Building Group. This group, an arm of the media conglomerate Fuji Media Holdings, specializes in "Urban Development, Hotels & Resorts," and provides a reliable pipeline of both office properties and complementary "sub assets" that it develops or owns. Internally, the Trust aims to fortify and optimize the profitability of its managed properties over the mid to long term. It achieves this by drawing upon the comprehensive platform of its sponsor group, which encompasses development, operations, property management, and various other essential services. Its fundamental philosophy is centered on maximizing unitholder value over the long run. SANKEI REAL ESTATE pursues this by evolving alongside the J-REIT market as a socially responsible entity, underpinned by the ethos of "Making people, cities & society happy" through the steadfast support of its sponsor.

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