-- Mitsubishi Estate Logistics REIT Investment's (TYO:3481) net income edged up 1.4% to 3.86 billion yen for the fiscal period ended Feb. 28 from 3.81 billion yen the previous half-year period.
The REIT's net income per unit increased to 2,599 yen from 2,539 yen in the prior six-month period, according to a Tokyo bourse filing on Thursday.
Operating revenues grew 1.4% to 8.15 billion yen from 8.04 billion yen in the prior half-year period.
The company declared a final distribution of 2,835 yen per unit, payable from May 22.
For the fiscal period ending Aug. 31, the REIT expects net income of 4.2 billion yen and operating revenues of 8.72 billion yen.
For the fiscal period ending Feb. 28, 2027, the REIT expects net income of 3.65 billion yen and operating revenues of over 8 billion yen.
Mitsubishi Estate Logistics plans to pay distributions of 3,112 yen per unit for the August 2026 period and 2,836 yen per unit for the February 2027 period.