MIRAI Corporation Reports Positive Growth

MIRAI Corporation (JP:3476) has released an update.

MIRAI Corporation, a diversified J-REIT, has seen a stable increase in operating income, reporting a rise to 2,660 million yen for the 16th fiscal period ending April 2024. The company, which targets assets in Japan’s major metropolitan areas, conducted a public offering and a third-party allotment, increasing its investment units to 1,907,440 and owning 43 properties. Despite a slight decline in Real GDP growth, MIRAI Corporation capitalized on the recovering hotel sector and rising retail rents, contributing to an overall positive business performance.

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