- Investing.com
GLP J-REIT is a Japanese real estate investment corporation specializing in modern logistics facilities in Japan. GLP J-REIT was established on September 16, 2011 under the Act on Investment Trusts and Investment Corporations of Japan (hereinafter the "Investment Trust Act of Japan"). GLP J-REIT is externally managed by a licensed asset management company, GLP Japan Advisors Inc. (hereinafter "Asset Manager") which operates with support of GLP Capital Partners Japan Inc. (a 100% shareholder of the Asset Manager) based on the Sponsor Support Agreement. Since its initial public offering on December 20, 2012, GLP J-REIT has, on a number of occasions, issued units through public offering or through allocation to a third party. Those units are listed on the J-REIT section of the Tokyo Stock Exchange. As of August 31, 2023, GLP J-REIT held beneficiary rights of real estate in trust with respect to 92 properties located in the Tokyo metropolitan area, the Greater Osaka area and other areas.
Metrics to compare | 3281 | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship Relationship3281PeersSector | |
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P/E Ratio | 24.9x | 22.8x | 7.8x | |
PEG Ratio | −2.54 | 1.28 | 0.01 | |
Price/Book | 1.4x | 1.2x | 0.9x | |
Price / LTM Sales | 12.3x | 10.3x | 3.9x | |
Upside (Analyst Target) | 19.3% | 17.5% | 11.9% | |
Fair Value Upside | Unlock | −6.1% | 0.5% | Unlock |