Daiwa Office Investment Raises DPU and EPU Forecasts Amid Rent Increases
TOKYO, Jul 17 (Pulse News Wire) – Daiwa Office Investment Corporation (8976.T) reported improved operating results for the fiscal year ending May 2026. Revenue increased to ¥16.511 billion compared to ¥16.056 billion in the previous fiscal year, driven by higher rental income from existing properties and additional acquisitions during the period.
Operating profit rose to ¥9.203 billion, up from ¥8.594 billion last year, reflecting cost efficiencies and strategic portfolio adjustments. The company also revised upward its distribution per unit (DPU) and earnings per unit (EPU) forecasts due to successful rent hikes and asset optimization strategies.
Notably, the firm achieved a higher occupancy rate of 93.4%, down slightly from 93.7% previously but still within targeted ranges. Looking ahead, Daiwa Office Investment expects continued growth through ongoing property management improvements and selective investments aimed at enhancing returns and shareholder value.
