Mori Hills REIT Investment Corporation Overview
Pro stress-test →Mori Hills REIT Investment Corporation is a real estate investment trust (REIT) that mainly invests in real estate assets like office buildings, housing and commercial facilities. Its property portfolio includes Roppongi Hills Mori Tower, Ark Mori Building, Koraku Mori Building, Akasaka Tameike Tower, Holland Hills Mori Tower and Roppongi view tower.
Strategic Profile
Pro stress-test →The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company pays a high and reliable dividend of 4.92%, though earnings are forecast to decline by an average of 3.4% per year for the next 3 years.
Competitive Landscape
Pro stress-test →Mori Hills REIT operates in the Japanese Office REITs sector, competing with other office-focused REITs including Daiwa Office Investment and Japan Prime Realty Investment. The company's premium brand and trophy asset portfolio provide differentiation, but face headwinds from structural changes in Japanese office real estate demand.
Industry Context
Mori Hills REIT Investment Corporation operates in Real Estate Investment Trusts (Office REIT Sector).
Key facts
Founded: 2006 · Headquarters: Tokyo, Japan · Market cap: JP¥240.1B