Starts Proceed Investment Corporation Provides Distribution Guidance for the 36Th Fiscal Period Is the Period from May 1, 2023, to October 31, 2023 and 37Th Fiscal Period Is the Period from November 1, 2023, to April 30, 2024
June 14, 2023 at 04:30 am EDT
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Starts Proceed Investment Corporation provided distribution guidance of JPY 4,580 per unit for the 36th fiscal period is the period from May 1, 2023, to October 31, 2023.
The company also provided distribution guidance of JPY 4,249 per unit for 37th fiscal period is the period from November 1, 2023, to April 30, 2024 against JPY 5667 per unit paid a year ago.
Starts Proceed Investment Corp is a Japan-based real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Fund mainly invests in rental housing and monthly condominiums, serviced apartments, hotels and facilities for the elderly in metropolitan area, Osaka, Nagoya, Sendai, Fukuoka and other metropolitan areas. Its property portfolio includes Procade Ichikawa, Proseade Nishiarai, Procido Hirokyoji, Proseade Shinyokohama and among others. The asset manager of the Fund is Starts Asset Management Co., Ltd.
Starts Proceed Investment Corporation Provides Distribution Guidance for the 36Th Fiscal Period Is the Period from May 1, 2023, to October 31, 2023 and 37Th Fiscal Period Is the Period from November 1, 2023, to April 30, 2024