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 with GLP Japan Advisors Inc. (hereinafter the Asset Manager) as the founder. It has its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange since December 21, 2012. Investing in highly functional modern logistics facilities and taking advantage of the wealth of experience and management resources with GLP Japan Inc. (Note) as the sponsor, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long terms. Since the inception of 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 acquisitions of properties. As of the end of the current fiscal period, GLP J-REIT owns 85 properties (total acquisition price of 869,529 million yen). Effective March 1, 2025, GLP Japan Inc. became part of Ares Management Corporation. GLP J-REIT was established on September 16, 2011 and incorporated in Japan.
Frequently asked questions
What sector does GLP J-REIT (GLPJF) operate in?
GLP J-REIT belongs to the Other sector and operates in the REIT - Industrial industry.
What is GLP J-REIT (GLPJF) current stock price?
As of the latest data, GLP J-REIT stock price is $829.26, with a previous close of $829.26.
What is GLP J-REIT (GLPJF) current market capitalization?
GLP J-REIT market cap is approximately 3.98 billion.
What is GLP J-REIT (GLPJF) Earnings Per Share (EPS)?
The trailing EPS is $40.54.
What is GLP J-REIT (GLPJF) Price-to-Earnings (P/E) ratio?
GLP J-REIT current P/E ratio is 20.46.
Does GLP J-REIT (GLPJF) pay dividends?
Yes. GLP J-REIT pays semiannual dividends with an annualized yield of 5.31% and an estimated annual payout of $44.00 per share.
When is the next ex-dividend date for GLP J-REIT (GLPJF)?
The next ex-dividend date is scheduled for February 27, 2027.
When is GLP J-REIT (GLPJF) next earnings report?
GLP J-REIT is expected to release its next earnings report on August 31, 2026.
What is GLP J-REIT (GLPJF) beta (volatility) score?
GLP J-REIT has a beta of 0.374, indicating lower volatility than the overall market.