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8984.TSE Daiwa House REIT Investment Corporation
TSE JPY Real Estate
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- Market cap
- 543B
- P/E ratio
- 20.08
- Analyst target
- 143900
- Dividend yield
- 5.6%
- Beta
- 0.21
Profile
Company facts
- Exchange
- TSE
- Currency
- JPY
- Sector
- Real Estate
- Industry
- REIT - Diversified
- ISIN
- JP3046390005
- Market cap
- 543B
- P/E ratio
- 20.08
- Analyst target
- 143900
- Dividend yield
- 5.6%
- Beta
- 0.21
About
About Daiwa House REIT Investment Corporation
Daiwa House REIT Investment Corporation is a real estate investment trust (J-REIT) whose sponsor is Daiwa House Industry Co., Ltd. The asset manager is Daiwa House Asset Management Co., Ltd. (hereinafter referred to as the Asset Manager), a wholly owned subsidiary of Daiwa House. DHR was listed on the Real Estate Investment Trust (REIT) Market of the Tokyo Stock Exchange, Inc. (hereinafter referred to as the Tokyo Stock Exchange) on March 22, 2006, and then later merged with New City Residence Investment Corporation (hereinafter referred to as NCR) on April 1, 2010 (hereinafter referred to as the merger with NCR). Subsequently on December 1, 2011, the corporate name was changed to Daiwa House Residential Investment Corporation (the corporation prior to change of corporate name to Daiwa House REIT Investment Corporation is hereinafter referred to as the former DHI) and accordingly changed its investment targets to residential properties. The former Daiwa House REIT Investment Corporation (the Daiwa House REIT Investment Corporation, which was dissolved upon having merged with DHR as of September 1, 2016, is hereinafter referred to as the former DHR) was established on September 14, 2007, whose asset manager was Daiwa House REIT Management Co., Ltd., a wholly owned subsidiary of Daiwa House. The former DHR was listed on the Tokyo Stock Exchange Real Estate Investment Trust (REIT) Market on November 28, 2012, as a REIT that targets investment in logistics and retail properties. On September 1, 2016, the former DHI and the former DHR (hereinafter collectively referred to as the Investment Corporations) conducted an absorption-type merger (hereinafter referred to as the Merger) whereby the former DHI was the surviving corporation and the former DHR was the absorbed corporation, shifted to a diversified portfolio strategy that targets investment in new asset classes such as hotel and office properties, in addition to those that the Investment Corporations had targeted for investment in the past, and changed its corpora
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5 years, 5 months ago
Daiwa House REIT Investment Corporation is currently in a long term uptrend where the price is trading 17.0% above its 200 day moving average.
From a valuation standpoint, the stock is 160.5% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 12.6.
Daiwa House REIT Investment Corporation's total revenue sank by 0.0% to $12B 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 33.9% to $7B since the same quarter in the previous year.
Based on the above factors, Daiwa House REIT Investment Corporation gets an overall score of 1/5.