3481Mitsubishi Estate Logistics REIT Investment Corporation3481 info
$2,176.20info0.00%24h
Global rank7338
Market cap$1.10B
Change 7d1.79%
YTD Performance-9.04%
SP500 benchmarkUnderperform
P/E0
P/S11.75
Revenue$93.29M
Earnings$44.16M
Dividend yield-

Mitsubishi Estate Logistics REIT Investment Corporation (3481) Stock Overview

Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) was established on July 14, 2016 under the “Act on Investment Trust and Investment Corporation” (“Investment Trust Law”), and was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017 (securities code: 3481). MEL focuses on investing in logistics facilities as a listed real estate investment corporation. Mitsubishi Estate Co., Ltd. (“MEC”), one of the largest comprehensive developers in Japan, has been acting as a sponsor. MEL's asset management company, Mitsubishi Jisho Investment Advisors, Inc. (“Asset Management Company” or “MJIA”) has an extensive track record in real estate fund management since its establishment in 2001. Through “HYBRID” (Note) utilization of the strengths of both companies, MEL aims for maximization of unitholder value by building of a high-quality portfolio and steady and stable asset management through selective investments in highly competitive logistics facilities that meet tenant needs that focus on “location”, “building features” and “stability”.

3481 Stock Information

Symbol
3481
Address
1-6-5 MarunouchiTokyo, 100-0005Japan
Founded
-
Trading hours
-
Website
https://www.mel-reit.co.jp
Country
🇯🇵 Japan
Phone Number
81 3 3218 0030

Mitsubishi Estate Logistics REIT Investment Corporation (3481) Price Chart

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Value:-

Mitsubishi Estate Logistics REIT Investment Corporation Overview: Key Details and Summary

Stock data
2023
Change
Price
$2.18K
N/A
Market Cap
$1.10B
N/A
Shares Outstanding
503.49K
19.77%
Employees
0
N/A
Valuation
2023
Change
P/S Ratio
11.75
N/A
Earnings
2023
Change
Revenue
$93.29M
N/A
Earnings
$44.16M
N/A
Gross Margin
0.643
N/A
Operating Margin
0.5207
N/A
Net income margin
0.4733
N/A
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