銘柄情報

CRE Logistics REIT,Inc.

Leveraging the total power of the CRE Group, which boasts more than 50 years of business experience in the field of logistics real estate, the company aims to generate stable cash flow and boost investor value by investing in excellent logistics facilities that accommodate tenant needs.(Excerpt from the website of CRE Logistics REIT,Inc. )

  • Unit Price and Trading Volume 拡大

  • Unit Yield, Sector Average and Overall Average 拡大

2022/02/17Update

投資指標の計算式について

Investment amount per unit

Unitholders' capital / Number of investment units authorized

NAV per unit

((Unitholders' capital + Investment surplus) + (Portforio assets appraisal value - ortfolio assets book value) / Number of investment units authorized

P/NAV

Investment unit price / NAV per unit

FFO per unit

(Net income + depreciation + profit and loss on real estate) / Number of investment units authorized

P/FFO

Investment unit price / FFO per unit

NOI

Rental business income + depreciation

NOI yield

NOI / Portfolio assets book value

Implied cap rate

NOI / (Market capitalization + (Interest-bearing liabilities - cash on hand and in bank) + Security and guarantee deposits received

Market capitalization

Investment unit price * Number of investment units authorized

LTV

Interest-bearing liabilities / Total assets

DSCR

NOI / (Interest-bearing liabilities at end of previous period - Interest-bearing liabilities at end of current period + current interest expense)

EV / EBITDA

Market capitalization + (Interest-bearing liabilities - cash on hand and in bank) / NOI

Ratio of long-term fixed interest rate

Long-term fixed interest / Interest-bearing liabilities

Corporate Data

Investment Corporation Name CRE Logistics REIT,Inc.
Abbreviation
Securities code 3487(JPX)
Listing date 2018/02/07
Time elapsed 4.50 year
Closing months June / December
URL https://cre-reit.co.jp/
Unitholders' capital 73,535Million JPY
Number of investment units authorized 564,700Unit
Investment amount per unit 130,220JPY
Rating R&I:A- 
Type of assets under management Logistics Facirities:100%
Management target regions
Greater Tokyo Area:77.7% Kansai area:19.2% Others:3.1%
Number of investment properties 20
Number of tenants 28
Total leasable floor space 564,369.63㎡

Investment Index Information

NAV per Unit 161,530JPY
Unit Price / NAV per Unit 1.26
FFO per Unit 4,275JPY
Unit Price / FFO per Unit 47.72
NOI Yield 3.17%
Implied Cap Rate 2.39%
Market capitalization 115,199Million JPY
Acquisition book value 134,686Million JPY
Term-end book value 132,679Million JPY
Appraisal value 148,560Million JPY
Interest-bearing liabilities 61,869Million JPY
LTV 43.96%
EV / EBITDA 40.46
Average maturity of borrowings 4.1year
Ratio of long-term fixed interest rate
Average occupancy rate 100%
Average age of buildings 4.27year

Investment Management Policies

  • This investment corporation seeks to build a stable long-term portfolio of high quality, based on the investment criteria listed below, in order to provide investors with good investment opportunities.
  • Logistics facilities: 100\\\\\\\\\\\% in principle (in acquisition value terms)
  • Metropolitan area: 70\\\\\\\\\\\% or higher / Other: 30\\\\\\\\\\\% or lower (in acquisition value terms)
  • Scale of facilities: Total floor space of 5000 square meters or more
  • Age of buildings: No more than 30 years
  • Aseismic performance: PML of 15\\\\\\\\\\\% in principle
    The investment corporation plans to build a portfolio by investing mainly in logistics facilities that suit the existing tenant needs. It also looks to diversify its portfolio by acquiring other types of facilities such as large-scale multitenant complexes in the future.
    .(Excerpt from the website of CRE Logistics REIT,Inc. )

Other Related Corporations

Asset Manager CRE REIT Advisors Inc.
Update 2022/02/17 Capital 50Million JPY
Major Shareholders 100% CRE, Inc.  Other Shareholders

Account Settlement InformationFY2021-12(Million JPY)

9th 10th 11th
(most recent)
12th forecast 13th forcast
Revised Date Revised Date
Operating revenue 2,603 3,159 3,595 3,875 3,884
Operating income 1,523 1,800 2,088 2,096 2,092
Ordinary income 1,299 1,522 1,799 1,801 1,810
Net income 1,298 1,521 1,798 1,800 1,809
Short-term borrowings 3,574 8,254 6,080
Long-term borrowings 38,095 42,415 51,789
Investment corporation bonds 2,000 2,000 4,000
Total assets 97,111 117,525 140,743
Net assets 51,140 62,088 75,334
Distribution per unit 3,392
JPY/per Unit
3,398
JPY/per Unit
3,524
JPY/per Unit
3,529
JPY/per Unit
3,547
JPY/per Unit

Other Affiliated Companies

Asset custodian Mitsubishi UFJ Trust and Banking Corporation Accounting auditor Pricewaterhouse Coopers Arata
Accounting services Unitholders registry administrator Mizuho Trust & Banking Co., Ltd.
Tax administration services Investment corporation bond administrator
PAGE TOP
* This site has been created merely to provide information to investors, and not to solicit any person to make an investment with us.
* This site has been created using information that we have judged to be reliable, but we shall not guarantee its accuracy and/or integrity.
Note also that the information contained on this site is subject to change or deletion without prior notice.
* Numeric values, graphs, and other information contained on this site are based on past performance and situations, and do not constitute a suggestion or guarantee of any future market environments, investment performance, or so on.
We do not take fees, taxes, or other charges into consideration, and do not indicate any substantial investment performance.
* We shall not accept any responsibility for any damages, whether they be direct or indirect, that may be incurred as a result of the information contained on this site.
* Copyrights and other intellectual property rights to the information contained on this site shall, in principle, belong to us. No information contained on this site may be transferred or reproduced in any way without our consent.