GLP J-REIT

Tokyo Stock Exchange 3281.T

GLP J-REIT Return on Capital Employed (ROCE) for the year ending February 28, 2024: 3.41%

GLP J-REIT Return on Capital Employed (ROCE) is 3.41% for the year ending February 28, 2024, a -3.74% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • GLP J-REIT Return on Capital Employed (ROCE) for the year ending August 30, 2022 was 3.54%.
  • GLP J-REIT Return on Capital Employed (ROCE) for the year ending February 27, 2021 was 3.12%.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
Market news
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SV Wall Street
Tokyo Stock Exchange: 3281.T

GLP J-REIT

CEO Mr. Yuma Kawatsuji
IPO Date Jan. 17, 2013
Location Japan
Headquarters Shiodome City Center
Employees 44,000
Sector Industrials
Industries
Description

GLP J-REIT is a real estate investment corporation (J-REIT) specializing in logistics facilities, and it primarily invests in modern logistics facilities. GLP J-REIT was founded in accordance with the Act on Investment Trusts and Investment Corporations (hereinafter the Investment Trust Act) with GLP Japan Advisors Inc. as the founder. It had its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange on December 21, 2012 (securities code: 3281). Having the GLP Group (Note) as the sponsor group and investing in highly functional modern logistics facilities while taking advantage of the wealth of experience and management resources, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long term. Since starting its operation as a listed J-REIT with 30 properties (total acquisition price of 208,731 million yen) in January 2013, GLP J-REIT has been steadily expanding its assets through the continuous acquisition of properties. As of the end of the current fiscal period, GLP J-REIT owns 78 properties (total acquisition price of 644,878 million yen).

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StockViz Staff

February 8, 2025

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