GLP J-REIT (3281.T) JPX

132,100.00

+500(+0.38%)

Updated at June 03 03:30PM

Currency In JPY

GLP J-REIT

Address

Shiodome City Center

Tokyo, 105-7104

Japan

Phone

81-3-32899630

Sector

Real Estate

Industry

REIT - Industrial

Employees

44000

First IPO Date

January 17, 2013

Key Executives

NameTitlePayYear Born
Yuma KawatsujiPresident of GLP Japan Advisors, Inc. & Executive Director01984
Tetsuya KonoHead of Investment Department of GLP Japan Advisors, Inc.0N/A

Description

GLP J-REIT is a real estate investment corporation (J-REIT) specializing in logistics facilities, and it primarily invests in modern logistics facilities. GLP J-REIT was founded in accordance with the Act on Investment Trusts and Investment Corporations (hereinafter the Investment Trust Act) with GLP Japan Advisors Inc. as the founder. It had its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange on December 21, 2012 (securities code: 3281). Having the GLP Group (Note) as the sponsor group and investing in highly functional modern logistics facilities while taking advantage of the wealth of experience and management resources, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long term. Since starting its operation as a listed J-REIT with 30 properties (total acquisition price of 208,731 million yen) in January 2013, GLP J-REIT has been steadily expanding its assets through the continuous acquisition of properties. As of the end of the current fiscal period, GLP J-REIT owns 78 properties (total acquisition price of 644,878 million yen).