Hoshino Resorts REIT, Inc. Announces Distribution for the Six Months Ended October 31, 2023, Payable on January 26, 2024; Provides Distribution Guidance for the Six Months Ending April 30, 2024 and Six Months Ending October 31, 2024
December 18, 2023 at 02:00 am
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Hoshino Resorts REIT, Inc. announced distribution of JPY 8,557 per unit for the six months ended October 31, 2023. Scheduled date of commencement of distributions payment: January 26, 2024.
The company provided distribution guidance for the six months ending April 30, 2024 and six months ending October 31, 2024. For the six months ending April 30, 2024, the company expects to pay distribution of JPY 8,700 per unit against JPY 8,385 per unit paid for the same period a year ago.
For the six months ending October 31, 2024, the company expects to pay distribution of JPY 8,700 per unit against JPY 8,557 per unit for the same period a year ago.
Hoshino Resorts REIT, Inc. is a closed-end 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 Hotels, inns, incidental facilities and real estate-related securities. Its property portfolio includes Hoshino Resorts Group-operated properties such as Hoshino Ya, Hoshino Resorts Kai, Hoshino Resorts Risonare, Non-Hoshino Resorts Group-operated properties such as hotels, inns and incidental facilities of non-city tourism properties and overseas Hoshino Resort Group-related properties. The asset manager of the Fund is Hoshino Resort Asset Management Co., Ltd.
Hoshino Resorts REIT, Inc. Announces Distribution for the Six Months Ended October 31, 2023, Payable on January 26, 2024; Provides Distribution Guidance for the Six Months Ending April 30, 2024 and Six Months Ending October 31, 2024