Japan Real Estate Asset Management Co., Ltd.

Japan
Asia Pacific

http://www.j-rea.co.jp/en/

Industry:Investment
Date joined:29 August, 2018

Japan Real Estate Asset Management (“JRE-AM”) provides asset management services for Japan Real Estate Investment Corporation (“JRE”), the first J-REIT in Japan to be listed on the Tokyo Stock Exchange in September 2001. With Mitsubishi Estate and Mitsui & Co. as its shareholders, JRE-AM has been able to take advantage of a broad range of expertise and gain personnel support from these two companies. JRE-AM has been appreciated by many investors for its steady track record of distribution payments and its strategic asset management policy based on long-term perspective. Also, they have made contributions to enhancing the transparency of the Japanese real estate market through their active information disclosure.

JRE is a J-REIT specializing in office buildings in Japan. With its asset size now exceeding 1 trillion yen, it offers excellent investment opportunities for a diversified office portfolio to a wide range of investors. They aim to further grow their portfolio in order to ensure more stable cash flows and enhanced liquidity of their listed units.

In terms of the outlook of the future business environment, they recognize that significant changes may occur in the office market due to aging and shrinking population in Japan and rapid progress in information technologies. Through forward-thinking and proactive asset management that looks ahead of such changes in the operating landscape, they will continue their efforts toward further improving their portfolio competitiveness and achieving steady growth of their cash distributions.

Recently, there has been growing awareness that ESG (Environment, Social and Governance) initiatives are crucial for making continuous improvements in corporate value. JRE-AM believes it is its responsibility to uphold initiatives aimed at addressing key ESG issues in real estate asset management business more proactively than they have been doing. JRE-AM has established the Sustainability Policy to identify key issues and declare its course of action. In implementing ESG initiatives, they would like to collaborate with their stakeholders including tenants, employees, members of supply chains, and communities as well as unit holders through open communication.