Starts Proceed Investment Corporation Announces Dividend for the 3th Fiscal Period from May 1, 2023, to October 31, 2023, Payable on January 17, 2024; Provide Distribution Guidance for the 37th Fiscal Period Is the Period from November 1, 2023, to April 30, 2024 and 38th Fiscal Period Is the Period from May 1, 2024, to October 31, 2024
December 15, 2023 at 11:30 am IST
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Starts Proceed Investment Corporation announced dividend for the 36th fiscal period from May 1, 2023, to October 31, 2023. For the 36th fiscal period, company announced dividend of JPY 4,664 per unit. Scheduled date of commencement of distribution payout: January 17, 2024.
The company provided distribution guidance for the 37th fiscal period is the period from November 1, 2023, to April 30, 2024 and 38th fiscal period is the period from May 1, 2024, to October 31, 2024. For the 37th fiscal period, the company expects Distribution per unit of JPY 4,319.
For the 38th fiscal period, the company expects Distribution per unit of JPY 4,319.
Starts Proceed Investment Corp is a Japan-based real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Fund mainly invests in rental housing and monthly condominiums, serviced apartments, hotels and facilities for the elderly in metropolitan area, Osaka, Nagoya, Sendai, Fukuoka and other metropolitan areas. Its property portfolio includes Procade Ichikawa, Proseade Nishiarai, Procido Hirokyoji, Proseade Shinyokohama and among others. The asset manager of the Fund is Starts Asset Management Co., Ltd.
Starts Proceed Investment Corporation Announces Dividend for the 3th Fiscal Period from May 1, 2023, to October 31, 2023, Payable on January 17, 2024; Provide Distribution Guidance for the 37th Fiscal Period Is the Period from November 1, 2023, to April 30, 2024 and 38th Fiscal Period Is the Period from May 1, 2024, to October 31, 2024