Nomura Real Estate Master Fund, Inc. announced earnings results for the half year ended February 28, 2019. For the period, the company reported total operating revenues of JPY 35,428,514,000 against JPY 34,731,869,000 a year ago. Operating profit was JPY 14,056,078,000 against JPY 13,285,976,000 a year ago. Net income was JPY 11,560,917,000 against JPY 10,709,804,000 a year ago. Net income per unit was JPY 2.675 against JPY 2.478 a year ago.

For the period ending August 31, 2019, the company expects operating revenues of JPY 36,394 million, operating profit of JPY 14,172 million, net income of JPY 11,561 million and distribution per unit (excluding distribution in excess of net income) of JPY 2.541, distribution in excess of net income per unit of JPY 641 and distribution per unit (including distribution in excess of net income) of JPY 3.182.