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1 Comment
GLP J-REIT is currently in a long term uptrend where the price is trading 11.1% above its 200 day moving average.
From a valuation standpoint, the stock is 280.4% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 18.4.
GLP J-REIT's total revenue sank by 0.0% to $10B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $5B since the same quarter in the previous year.
Finally, its free cash flow fell by 19.0% to $7B since the same quarter in the previous year.
Based on the above factors, GLP J-REIT gets an overall score of 1/5.
ISIN | JP3047510007 |
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Exchange | TSE |
CurrencyCode | JPY |
Sector | Real Estate |
Industry | REIT - Industrial |
PE Ratio | 21.34 |
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Target Price | 157866.67 |
Beta | 0.29 |
Market Cap | 615B |
Dividend Yield | 5.5% |
GLP J-REIT is a real estate investment corporation ("J-REIT") specializing in logistics facilities, and it primarily invests in modern logistics facilities. GLP J-REIT was founded in accordance with the Act on Investment Trusts and Investment Corporations (hereinafter the "Investment Trust Act") with GLP Japan Advisors Inc. (hereinafter the "Asset Manager") as the founder. It has its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange since December 21, 2012 (securities code: 3281). Investing in highly functional modern logistics facilities and taking advantage of the wealth of experience and management resources with GLP Japan Inc. (former GLP Capital Partners Japan Co., Ltd.) (Note) as the sponsor, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long terms. Since the inception of its operation as a listed J-REIT with 30 properties (total acquisition price of 208,731 million yen) in January 2013, GLP J-REIT has been steadily expanding its assets through the continuous acquisitions of properties. As of the end of the current fiscal period, GLP J-REIT owns 88 properties (total acquisition price of 885,145 million yen). Effective March 1, 2025, GLP Japan Inc. became part of Ares Management Corporation (NYSE: ARES).
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