XJPX
8954
Market cap1.67bUSD
Jul 10, Last price
97,700.00JPY
1D
-0.81%
1Q
-2.30%
Jan 2017
-47.05%
IPO
-34.61%
Name
Orix JREIT Inc
Chart & Performance
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Profile
Established on September 10, 2001, ORIX JREIT (OJR) became the fourth Real Estate Investment Trust (JREIT) to commence trading on the Tokyo Stock Exchange, doing so on June 12, 2002. A JREIT is defined as an externally managed property fund, operating under the regulatory framework of Japan's Act on Investment Trusts and Investment Corporations. ORIX Asset Management Corporation, a wholly owned subsidiary of ORIX Corporation (TSE: 8591, NYSE: IX (ADR)), serves as the entity responsible for managing OJR's assets. OJR maintains a diversified portfolio, strategically investing in various property types such as office buildings, retail spaces, residential complexes, logistics facilities, and hotels, with the primary aim of delivering stable cash flow and achieving healthy asset growth across the medium to long term.
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