CRE Logistics REIT, Inc. provided earnings guidance for the second six months ending December 31, 2019 and first six months ending June 30, 2020. For the second six months ending December 31, 2019, the company expects to report operating revenues of JPY 1,578 million, operating income of JPY 823 million, ordinary income of JPY 681 million, and net income of JPY 680 million. Forecast net income per unit for the period ending December 2019 is JPY 2,625.

For the first six months ending June 30, 2020, the company expects to report operating revenues of JPY 1,591 million, operating income of JPY 825 million, ordinary income of JPY 691 million, and net income of JPY 690 million. Forecast net income per unit for the period ending June 2020 is JPY 2,663.

The company announced a distribution per unit (excluding surplus distribution) of JPY 2,580 for the first six months ended June 30, 2019. The total distributions (excluding surplus distribution) was JPY 596 million. The company also announced a surplus distribution per unit of JPY 372 for the first six months ended June 30, 2019. The total surplus distribution was JPY 85 million. The scheduled date to commence payment of distributions is September 12, 2019.

The company provided distribution and surplus distribution guidance for the second six months ending December 31, 2019 and first six months ending June 30, 2020. The company expects to pay a distribution per unit (excluding surplus distribution) of JPY 2,625 for the second six months ending December 31, 2019 and surplus distribution per unit of JPY 365 for the second six months ending December 31, 2019.

The company expects to pay a distribution per unit (excluding surplus distribution) of JPY 2,664 for the first six months ending June 30, 2020 and surplus distribution per unit of JPY 365 for the first six months ending June 30, 2020.