- Business
- AEON REIT Investment Corporation (3292.T), established on November 30, 2012 and listed on the Tokyo Stock Exchange's Real Estate Investment Trust Securities Market on November 22, 2013, represents investors primarily in retail properties and related facilities that serve as community infrastructure; its portfolio of 53 properties, totaling approximately 4.34 million square meters of leasable area and appraised at 517 billion yen as of July 31, 2025, includes major AEON malls such as AEON Lake Town mori and kaze (pro-rata interests), AEON Mall Morioka, AEON Mall Ishinomaki, AEON Mall Mito Uchihara, AEON Mall Ota, AEON Mall Kofu Showa, AEON Taman Universiti Shopping Centre in Malaysia, and AEON Mall Seremban 2 owned via an overseas subsidiary, with operations spanning all regions of Japan including Kinki, Chugoku, Kyushu, Okinawa, Tokai, Hokuriku, Shikoku, Hokkaido, Tohoku, Kanto, and Koushinetsu, as well as select overseas markets; the trust maintains master lease agreements with AEON group entities featuring 20-year terms and fixed-base rents, sponsor support and trademark license agreements with AEON Co. Ltd., and additional pipeline support, shopping center management, and overseas investment memorandums with AEON group companies; headquartered at 1-14-10 Uchikanda, Chiyoda-ku, Tokyo, Japan, AEON REIT targets stable mid- to long-term earnings growth through high occupancy (100% as of July 31, 2025) and low portfolio PML of 1.3%; recent activities encompass treasury unit repurchases from September 17 to December 30, 2024, alongside the release of its 25th fiscal period semi-annual report for the period ended July 31, 2025, affirming ongoing asset management and dividend commitments payable through April 2026.