Fiscal Period Ended September 2021 (39th Fiscal Period)
Information Package
(Securities Code: 8961) https://www.mt-reit.jp/en/
(Asset Management Company)
MEMO
Contents
1. Overview of the Settlement and Forecasts
Fiscal Period Ended September 2021 Settlement Highlights
Overview of the Settlement for the Fiscal Period Ended September 2021
Factors for Change in Distributions per Unit (the fiscal period ended September 2021)
Forecasts for the Fiscal Period Ending March 2022
Factors for Change in Distributions per Unit (the fiscal period ending March 2022)
- 5. Reference
- Balance Sheets
- Statements of Income and Retained Earnings
- Statement of Cash Distributions / Statements of Cash Flows
- Changes in Indicators
- Changes in Asset Size, LTV and Distribution Per Unit
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32
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34
35
Forecasts for the Fiscal Period Ending September 2022
2. Operation Status
Internal Growth (Recognition of Conditions and Future Policies)
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10
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Property Portfolio List as of the End of the Fiscal Period
Appraisal Values of Portfolio Properties at the Fiscal Period-End
Changes in Occupancy Rate
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38
Internal Growth (Tennant trends in the current fiscal period/Situation of Rent Revision for Six Office Buildings)
Management situation of properties owned
External Growth (Recognition of Conditions and Future Policies)
Financial Status (Management Results for the Fiscal Period Under Review and Loan Repayment Schedule Diversification)
Overview of Occupancy Rate and Lease Contracts at the Fiscal
12 Period-End
Portfolio Summary and Breakdown of Property-Related
- Revenues/Expenses
- Interest-BearingLiabilities
- Investors
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44
Financial Status (Status of Interest-Bearing Liabilities and Rating)
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Changes in Unit Prices
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3. Initiatives Related to ESG
Initiatives Related to ESG
4. Characteristics of MORI TRUST Sogo Reit, Inc.
Basic Policy and Characteristics of MORI TRUST Sogo Reit, Inc.
Mori Trust Group
- Supply of large-scale offices in the 23 special wards of Tokyo
- Changes in Vacancy Rate and Rent per Unit in Major Cities
26 Asset Management Company Remuneration Methods
27 Notes
29
Disclaimer / Contact Information
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Disclaimer:
This document is intended to provide information about the business performance and strategies of MORI TRUST Sogo Reit, Inc. (MTR). It is not intended and should not be construed as an inducement or invitation to purchase or invest in the products or investment units of MTR. We caution readers to contact their securities company representative if intending to acquire or sell any of MTR's investment products or investment units, and to undertake investment decisions subject to individual determination. Statements in this document that are not historical facts are "forward- looking statements." While MTR takes all reasonable care in the preparation of this document, it does not guarantee the accuracy and completeness of its content. Readers are also cautioned that the contents of this document may be changed or deleted without prior notice.
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1. Overview of the Settlement and Forecasts
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Fiscal Period Ended September 2021 (39th Fiscal Period) Information Package
Fiscal Period Ended September 2021 Settlement Highlights
1. Overview of the Settlement and Forecasts
Distribution Per Unit
¥3,550 (down ¥325 vs. the fiscal period ended March 2021, up ¥158 vs. forecast)
As of September 30, 2021 (change from the previous fiscal period in parentheses)
Asset
Number of property: 16 properties (up 1 property)
Asset size: | ¥324.3 billion (up ¥0.2 billion) (Note 1) | |
Occupancy rate: | 99.1% | (down 0.2%) |
* Sublease basis | 91.9% | (down 6.7%) (Note 2) |
Appraisal values of portfolio properties at the fiscal
period end: ¥341.3 billion (down ¥1.2 billion)
Unrealized profit: ¥35.0 billion (down ¥1.9 billion)
(Note 3)
Investment ratio:
[by area] Tokyo metropolitan area 80.2% | (up 0.0%) | |
[by use] Office building | 71.2% | (up 0.0%) |
Debt
Balance of interest-bearing debt: | ¥155.0 billion | |
(down ¥2 billion) | ||
Average interest rate for borrowings | ||
during fiscal period: | 0.45% | (down 0.00%) |
LTV: | 47.2% | (down 0.3%) |
Long-term rating of issuers: | AA (stable) |
/ Japan Credit Rating Agency, Ltd.
Equity
Number of units issued: | 1,320,000 units (-) |
NAV per unit: | ¥147,877 (down 1.0%) |
(Note 4) | |
Investment unit price: | ¥148,100 |
/ closing price on September 30, 2021) |
* The notes on this page constitute an integral part of this presentation. See P.49~P50
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MORI TRUST Sogo Reit Inc. published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 06:41:04 UTC.