MORI TRUST REIT (TYO:8961) posted a 1.1% increase in net income to 6.86 billion yen for the fiscal six months ended Feb. 28 from 6.79 billion yen the previous period.
The REIT's net income per unit rose to 1,926 yen from 1,906 yen a year ago, according to a Tuesday Tokyo bourse filing.
Operating revenue grew 0.6% to 11.8 billion yen from 11.7 billion yen.
The company declared a final distribution of 1,788 yen per unit for the fiscal period ended February 2025, payable from May 22.
For six months ending Aug. 31, MORI TRUST REIT forecasts net income to decline 8.4% to 6.29 billion yen and operating revenue to drop 3.3% to 11.4 billion yen.
For six months ending Feb. 28, 2026, the Reit expects net income to slip 0.9% to 6.23 billion yen and operating revenues to gain 0.2% to 11.5 billion yen.
The REIT plans to distribute 1,766 yen per unit for the half year ending Aug. 31, 2025, and 1,750 yen for the six-month period ending Feb. 28, 2026.
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