ESCON REIT2971

“Creating the ideal community that is loved and prided by residents”. ESCON REIT shares this Vision Concept with our sponsor, ES-CON Japan, a Lifestyle Developer that shapes people's lives. By leveraging our sponsor's real estate development and management expertise, we aim to achieve consistent portfolio growth as well to maximize our unitholders' value.

Distributions

Actual distribution Amount8th Fiscal Period ended January 31, 2021
3,599 yen

Start of distribution payments: Apr. 20, 2021

Forecasted distribution amount9th Fiscal Period ending July 31, 2021
3,492 yen
Forecasted distribution amount10th Fiscal Period ending January 31, 2022
3,315 yen

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Portfolio

Asset under management (AUM)As of March 12, 2021
28properties
Total acquicition price As of March 12, 2021
51.9 billion yen
Occupancy rateAs of March 25, 2021
99.5%

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Latest Financial Information

8th fiscal period ended January 31, 2021

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Topics
  • Feb. 10, 2021In January 2021, the renovation of the Asumigaoka Brand New Mall (Midori-ku, Chiba-shi), was completed. The renovation was mainly of the food court.

    The food court now features artificial green panels. We believe that the eye-catching greenery will help transform the area into a welcoming, relaxing and cozy place for visitors.
    We created a fun play space in the kid’s corner, installing panels with lively illustrations that change to match the season. The atrium and nursing rooms were also improved to make them more comfortable.

    ESCON JAPAN REIT Investment Corporation continues to operate popular commercial facilities for its customers.

  • Feb. 5, 2021A display of oni (demon) mask paper plate art created by customers was held at tonarie Seiwadai from January 15 to February 2.

    As the regular bean-throwing event would have been difficult to hold due to the coronavirus pandemic, this event was held as an alternative which local customers could enjoy safely.

    A total of 236 works submitted were displayed throughout the mall. Some participants were selected by lottery to win gifts of Kawanishi Genji Udon noodles, a local specialty.

    ESCON JAPAN REIT Investment Corporation continues to aim at the revitalization of local communities through the operation of commercial facilities.

  • Jan. 8, 2021On Thursday, January 7, 2021, an educational activity for “Dial 110 (emergency number) Day” (January 10) was held at tonarie Yamatotakada.

    Items to educate proper use of the emergency number were distributed and a short play to show what information you should give when calling 110 was performed. With the display of a police motorcycle and police car, many people came to participate in the event despite being held on a weekday.

    ESCON JAPAN REIT Investment Corporation continues to promote social contribution through the operation of commercial facilities.

  • Jan. 8, 2021A live talk show called the “New Year’s Comedy Pearl Coming of Age Ceremony” was held at tonarie Yamatotakada
    on Tuesday, January 5, 2021.

    The name “Pearl Coming of Age Ceremony” comes from the pearl wedding anniversary, when a couple have been married for thirty years, and in this event elderly people from the local area were invited.

    The event took measures to preventing infection from the novel coronavirus, with attendees wearing masks or face shields, and being seated apart from each other. The host, Mr. Shinya Hirata, gave a talk and red-and-white buns were presented to attendees, and everyone had a wonderful time.

    ESCON JAPAN REIT Investment Corporation continues helping to revitalize the local community through the operation of commercial facilities while taking all possible measures to prevent the spread of the coronavirus.

  • Jan. 6, 2021We were awarded a letter of appreciation from Japan for UNHCR in recognition of our provision of the venue for the UN refugee support campaign, which was held at tonarie Yamatotakada in October last year.

    ESCON JAPAN REIT Investment Corporation continues to promote social contributions through the operation of commercial facilities.

    "Click here" to see the letter of appreciation.

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Latest Press Releases

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