United Urban Investment Corporation (8960.T)

United Urban Investment Corporation was established on November 4, 2003 in accordance with the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended; hereinafter referred to as the Investment Trust Act), and was listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT Market) on December 22, 2003. JRF defines real estate that can ensure stable profitability over the medium to long term as real estate with intrinsic value. As a diversified J-REIT with an investment policy of aiming for a diversified portfolio without limiting (use) and (investment area), JRF has sought to ensure stable profitability over the medium to long term by investing in carefully selected properties while assessing the (intrinsic value) of each property from a wide range of investment targets. Furthermore, on December 1, 2010, NCI merged with Nippon Commercial Investment Corporation (NCI) as the surviving corporation (Merger). After the Merger, NCI continued to acquire assets by raising funds through borrowings and public offerings, and as a result, its asset size (based on acquisition price) is one of the largest in the J-REIT market. The Investment Corporation has made cash distributions every fiscal period from the 1st fiscal period (ended May 2004) to the 41st fiscal period (ending May 2024). In the current fiscal period (42nd fiscal period ending November 2024), the Investment Corporation made cash distributions of 3,937 yen per unit. United Urban Investment Corporation was incorporated in 2003 in Japan.