Comforia Residential REIT, Inc. Provides Earnings Guidance for the Periods from February 1, 2015 - July 31, 2015 and August 1, 2015 - January 31, 2016; Provides Dividend Guidance for the Periods Ending July 31, 2015 and January 31, 2016; Reaffirms earnings Guidance for the Period from August 1, 2014 - January 31, 2015
January 07, 2015 at 10:20 am
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Comforia Residential REIT, Inc. provided earnings guidance for the period from February 1, 2015 - July 31, 2015 and August 1, 2015 - January 31, 2016. For the period ending July 31, 2015, the company expects operating revenues of ¥4,915 million, operating income of ¥2,556 million, ordinary income of ¥2,072 million and net income of ¥2,071 million.
For the period ending July 31, 2015, the company expects cash distribution per unit of ¥4,350.
For the period ending January 31, 2016, the company expects operating revenues of ¥4,893 million, operating income of ¥2,488 million, ordinary income of ¥2,000 million and net income of ¥1,999 million.
For the period ending January 31, 2016, the company expects cash distribution per unit of ¥4,200.
The company reaffirmed earnings guidance for the period from August 1, 2014 - January 31, 2015.
Comforia Residential Reit Inc is a Japan-based residential real estate investment trust (REIT). The REIT is a closed-end fund. The REIT is principally engaged in the investment in residential real estates that are for lease, and real estate backed assets. The REIT focuses on the investments in general leasing properties with stable earnings. The REIT's portfolio consists mainly of leasing properties for singles and small families. The REIT also invests in other operated residential real estates, such as senior housings, service apartments, and student dormitories. The REIT primarily invests in leasing properties located in Tokyo metropolitan and other residential properties in communities in other cities. The REIT has Comforia Kitauhorie, Comforia Oshima, Comforia Omori Trois, Comforia Shibaura and other lands and buildings.
Comforia Residential REIT, Inc. Provides Earnings Guidance for the Periods from February 1, 2015 - July 31, 2015 and August 1, 2015 - January 31, 2016; Provides Dividend Guidance for the Periods Ending July 31, 2015 and January 31, 2016; Reaffirms earnings Guidance for the Period from August 1, 2014 - January 31, 2015
COMFORIA RESIDENTIAL REIT, INC 
