Company

Premier Investment Corp

Headquarters: Tokyo, Japan

JPX: 8956 +0.33%

Market Cap

¥176.19 Billion

JPY as of Jan. 1, 2024

US$1.25 Billion

Market Cap History

Premier Investment Corp market capitalization over time

Evolution of Premier Investment Corp market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Premier Investment Corp

Detailed Description

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.

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Stocks & Indices

Premier Investment Corp has the following listings and related stock indices.


Stock: JPX: 8956 wb_incandescent

Details

Headquarters:

Otemachi First Square East Tower

9th Floor 1-5-1 Otemachi Chiyoda Ward

Tokyo, None

Japan