Activia Properties Reports Stable DPU In End-November 2020
January 18, 2021 – Activia Properties’ distribution per unit (DPU) hit 9,514 yen in end-November 2020 from the 9,504 yen in end-May during the same year.
The REIT also reported an earnings level of 7.36 billion yen, 0.4% up from the period’s 7.33 billion yen.
“In the Japanese economy going forward, although we face prevailing difficulties from COVID-19, we believe that there will be steady improvement in regard to both the stemming of the spread of infection and economic activities. Nevertheless, it is important to continue watching the trends of infection in both Japan and abroad,” Activia said.
“Amid this environment, the Activia will fulfill its social responsibility in preventing the spread of infections, etc. while minimizing the impact of the COVID-19 pandemic through its abundant management expertise, and pursue internal growth utilizing the strength of its portfolio with rigorously selected investment assets, aiming to return to the path of improving unitholder value,” it added.
Read full report here..