Daiwa Securities Living Investment Corporation (8986.T) JPX
Currency In JPY
- General
- Statistics
- Historical Data
- Profile
- Financials
Daiwa Securities Living Investment Corporation
Address
6-2-1 Ginza
Tokyo, 104-0061
Japan
Phone
81 3 6757 9680
Sector
Real Estate
Industry
REIT - Residential
Employees
N/A
First IPO Date
June 22, 2006
Key Executives
| Name | Title | Pay | Year Born |
| Yanagisawa Kosuke | Senior Manager of DLI Investment Management Departmen | 0 | N/A |
| Shoichi Ichikawa | Head of DRP Investment Management & General Manager | 0 | N/A |
| Koji Watanabe | Managing Director of Mi-Casa Asset Management Inc. | 0 | N/A |
| Seiji Kimoto | Chief Financial Officer, Executive Officer & GM of Business Mgmt Dept for Mi-Casa Asset Management Inc | 0 | N/A |
| Taisuke Mazaki | Compliance Officer | 0 | N/A |
| Kazuya Iwashita | Head of Private Fund Management Department | 0 | N/A |
| Hidenobu Shirota | Executive Director | 0 | 1964 |
| Jun Abe | Head of Inv. Magt. and GM of DLI Inv. Magt. & GM of Portfolio Strategy of DREAM Co., Ltd. | 0 | N/A |
Description
Daiwa Securities Living Investment Corporation (DSLIC), listed on the Tokyo Stock Exchange since June 2006 under stock code 8986, operates as a specialized real estate investment trust (REIT) focusing exclusively on residential rental properties. Its portfolio encompasses rental apartments situated in major metropolitan areas and key cities across Japan, including Sapporo, Sendai, Nagoya, Osaka, and Fukuoka. Following its acquisition of Prospect REIT Investment Corporation in July 2010, DSLIC, under the direction of its asset manager, Daiwa Real Estate Asset Management Co., Ltd., initiated a strategic transformation. This involved proactive portfolio optimization through both the purchase of new assets and the divestment of existing ones, alongside rigorous operational improvements aimed at securing high occupancy rates, and comprehensive cost-cutting measures. These efforts collectively resulted in enhanced distributions for its investors. A significant development occurred in December 2015 when Daiwa Securities Group Inc. (DSG) increased its stake in the asset management company, thereby becoming a new principal sponsor for DSLIC. Leveraging the substantial backing and expertise provided by the Daiwa Securities Group through a dedicated sponsor-support agreement, DSLIC is committed to achieving sustainable and consistent growth. The corporation's overarching mission remains the maximization of returns for its unitholders, valuing their continued confidence and support.
