Company
Headquarters: Tokyo, Japan
¥170.73 Billion
JPY as of July 1, 2024
US$1.06 Billion
Company | Market Cap (USD) |
---|---|
Goodman Group | $44.69 B |
VICI Properties Inc. | $28.95 B |
W. P. Carey Inc. | $12.01 B |
VEREIT, Inc. | $10.26 B |
STORE Capital Corporation | $9.07 B |
Company | Market Cap (USD) |
---|---|
Prologis, Inc. | $104.90 B |
American Tower | $91.36 B |
Equinix, Inc. (REIT) | $71.61 B |
Welltower Inc. | $63.10 B |
Simon Property Group, Inc. | $55.57 B |
Premier Investment Corporation (PIC) is a J-REIT (real estate investment trust) that manages a portfolio comprised of office buildings and residential properties, investing primarily in the Tokyo Economic Bloc. PIC was the sixth J-REIT listed on the Tokyo Stock Exchange (securities code: 8956) in September 2002. Since then, PIC has steadily expanded its portfolio valued at over 200 billion yen on an acquisition price basis. PIC utilizes a hedged strategy that minimizes risk by combining the strengths of office buildings and residential properties against economic cycles, as well as employing a strategic focus on the Tokyo Economic Bloc and prudent management of debt and equity financing. This approach has enabled PIC to successfully achieve steady dividends at a high level over the past fiscal periods. PIC outsources management of its assets to Premier REIT Advisors, Co., Ltd. (PRA). Both PIC and PRA are committed to realizing stable operations over the medium to long term while working to improve the quality of the owned assets.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Premier Investment Corp has the following listings and related stock indices.
Stock: JPX: 8956 wb_incandescent