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Mitsubishi Estate Logistics REIT Investment Corporation is currently in a long term uptrend where the price is trading 14.2% above its 200 day moving average.
From a valuation standpoint, the stock is 330.0% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 20.8.
Mitsubishi Estate Logistics REIT Investment Corporation's total revenue sank by 0.0% to $1B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $606M since the same quarter in the previous year.
Finally, its free cash flow grew by 65.1% to $2B since the same quarter in the previous year.
Based on the above factors, Mitsubishi Estate Logistics REIT Investment Corporation gets an overall score of 2/5.
| CurrencyCode | JPY |
|---|---|
| ISIN | JP3048480002 |
| Exchange | TSE |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| Beta | 0.26 |
|---|---|
| Market Cap | 185B |
| PE Ratio | 21.85 |
| Target Price | 139600 |
| Dividend Yield | 4.8% |
Mitsubishi Estate Logistics REIT Investment Corporation under the (Act on Investment Trust and Investment Corporation) (Investment Trust Law). It was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017. MEL focuses on investing in logistics facilities as a listed real estate investment corporation. Mitsubishi Estate Co., Ltd. (MEC), one of the largest comprehensive developers in Japan, has been acting as a sponsor. MEL's asset management company, Mitsubishi Jisho Investment Advisors, Inc. has an extensive track record in real estate fund management since its establishment in 2001. Through (HYBRID) (Note) utilization of the strengths of both companies, MEL aims for maximization of unitholder value by building of a high-quality portfolio and steady and stable asset management through selective investments in highly competitive logistics facilities that meet tenant needs that focus on location, building features and stability. Furthermore, MEL announced management policy (Three Pillars) on April 17, 2019, as a management plan designed to maximize unitholder value in the medium-to long-term. The management policy is intended to gather the entire MEC Group to work together and increase unitholder value of MEL, focusing on the following three pillars: Alignment (align interest with unitholders), Discipline (disciplined growth) and Hybrid (enhance MEL's unique strategy, the Hybrid model). During the fiscal period ended February 28, 2025, MEL disposed 49% of co-beneficiary interest of MJ Logipark Sendai 1 in September 2024 and acquired MJ Logipark Aisai 1 in October 2024. As a result, MEL owned 35 properties (aggregate total acquisition price: 271,593 million yen), as of the end of the reporting fiscal period (Feb. 28, 2025). Mitsubishi Estate Logistics REIT Investment Corporation was incorporated in Japan on July 14, 2016.
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