Japan Prime Realty Investment Corporation
JPRRF
Other OTC614.57
USD
- -
- -
ISIN
JP3040890000
Return %
Stock
S&P500
1Y
5.91
15.98
3Y
152.13
62.25
5Y
152.13
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Satoshi Eida
- Full Time Employees
- 46
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- 4-16, Yaesu, 1-chome Tokyo TY Japan 103-0028
- IPO Date
- Oct 23, 2009
- Website
- jpr-reit.co.jp
- Similar Companies
- Business
- Japan Prime Realty Investment Corporation is a Japan-based closed-end real estate investment trust (REIT) that primarily invests in urban commercial real estate, focusing on premium office buildings and high-profile retail properties located primarily in Tokyo and other key cities across Japan. Its core offerings include ownership and management of office buildings; retail commercial facilities; urban business facilities; and, more recently, hospitality assets such as limited-service hotels. The company’s portfolio consists mainly of downtown commercial establishments and prime office spaces, complemented by select retail properties. The asset management of the REIT’s portfolio is entrusted to Tokyo Tatemono Realty Investment Management, Inc., a wholly owned subsidiary of Tokyo Tatemono Co., Ltd., which acts as its main sponsor. Recent strategic activities include the acquisition of four properties from Tokyo Tatemono for approximately JPY 31.9 billion, comprising additional stakes in Grand Front Osaka’s North and South Buildings, the FUNDES Kamata retail property, and the Hotel Gracery Asakusa, a select-service hotel marking JPR’s entry into hospitality assets. Concurrently, the REIT sold older office properties, namely the Minami Azabu Building and JPR Yokohama Nihon-Odori Building for JPY 9.53 billion, reflecting a portfolio rebalancing aimed at improving asset quality and profitability. Additionally, in 2024, JPR acquired The Royal Park Canvas Nagoya, its first urban limited-service hotel, marking a strategic diversification beyond office and retail properties. The company also completed an equity buyback in early 2025 and implemented a unit split (four-for-one) effective July 2025, aimed at enhancing liquidity and market accessibility. Founded in 2001 and headquartered in Tokyo, Japan Prime Realty Investment Corporation targets institutional and retail investors seeking steady income and capital appreciation through investment in high-quality urban commercial real estate assets. The company operates mainly in Japan, with a portfolio valued at over JPY 526 billion as of late 2025 and an occupancy rate exceeding 99%. Its main industry segments are real estate investment and asset management, focusing on commercial real estate sectors including office, retail, and hotel properties. The strategic alliance with its sponsor Tokyo Tatemono facilitates a pipeline of quality assets and ongoing portfolio optimization to sustain growth and distributions to unitholders. Japan Prime Realty aims for sustainable growth by selectively acquiring properties with strong potential, leveraging sponsor relationships, and focusing on rent improvement and portfolio quality enhancement.