Starts Proceed Investment Corporation

8979

JP3046340000

Residential REITs

Market Closed - Japan Exchange Other stock markets 11:30:00 16/05/2024 am IST			5-day change	1st Jan Change
2,08,000 ^JPY	+0.24%		-1.38%	+3.38%

01/05	Starts Proceed Investment Bags Energy-Efficiency Certification for Chiba Property	MT
26/04	Starts Proceed Investment Corporation Announces Payment of Debt Before Maturity	CI

Starts Proceed Investment Corporation agreed to acquire Proceed ShinMatsudo/Proceed Shinozaki 2/Proceed Shin-Anjo from Starts Development Corporation for ¥2.9 million.

March 27, 2024

Starts Proceed Investment Corporation (TSE:8979) agreed to acquire Proceed ShinMatsudo/Proceed Shinozaki 2/Proceed Shin-Anjo from Starts Development Corporation for ¥2.9 million on March 27, 2024. The consideration consists of ¥2.9 million in cash. As part of the consideration, ¥2.9 million was paid towards assets.

Borrowings and Starts Proceed?s own funds will be used to acquire the assets. Proceed ShinMatsudo/Proceed Shinozaki 2/Proceed Shin-Anjo reported the revenue of ¥63.8 million. The deal is expected to close on March 29, 2024.

Latest news about Starts Proceed Investment Corporation

Starts Proceed Investment Bags Energy-Efficiency Certification for Chiba Property	01/05	MT
Starts Proceed Investment Corporation Announces Payment of Debt Before Maturity	26/04	CI
Starts Proceed Investment Secures 4 Billion Yen Loan from Resona Bank to Fund Asset Acquisition	15/04	MT
Starts Proceed Investment's Asset Manager Acquires and Disposes of Assets Valued at 7.3 Billion Yen	15/04	MT
Starts Proceed Investment Corporation agreed to acquire Proceed ShinMatsudo/Proceed Shinozaki 2/Proceed Shin-Anjo from Starts Development Corporation for ¥2.9 million.	27/03	CI
Starts Proceed Investment Corporation agreed to acquire Proceed Nisseki-dori from Starts Kyushu Co.,Ltd.	27/03	CI
An undisclosed buyer agreed to acquire Proceed Toritsudaigaku and Proceed Kinshicho from Starts Proceed Investment Corporation for ¥3.3 billion.	27/03	CI
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	15/12	CI
Starts Proceed Investment Corporation Provides Earnings Forecasts for the 37Th Fiscal Period from November 1, 2023, to April 30, 2024 and 38Th Fiscal Period from May 1, 2024, to October 31, 2024	15/12	CI
Starts Proceed Investment Corporation Reports Earnings Results for the Half Year Ended October 31, 2023	15/12	CI
Starts Proceed Investment Secures 4 Billion Yen Loan	22/11	MT
Starts Proceed Investment Corporation Announces Notice Concerning Borrowing of Funds	21/11	CI
Starts Proceed Investment Corporation acquired Proceed Nishioji.	29/23/29	CI
Starts Proceed Investment Corporation agreed to acquire Proceed Nishioji for approximately ¥750 million.	07/23/07	CI
Starts Proceed Investment Corporation Provides Distribution Guidance for the 36Th Fiscal Period Is the Period from May 1, 2023, to October 31, 2023 and 37Th Fiscal Period Is the Period from November 1, 2023, to April 30, 2024	14/23/14	CI
Starts Proceed Investment Corporation Announces Dividend for the 35Th Fiscal Period Is the Period from November 1, 2022, to April 30, 2023, Payable on July 14, 2023	14/23/14	CI
Starts Proceed Investment Corporation Provides Earnings Forecasts for the 36Th Fiscal Period from May 1, 2023 to October 31, 2023 and 37Th Fiscal Period from November 1, 2023, to April 30, 2023	14/23/14	CI
Starts Proceed Investment Corporation Reports Earnings Results for the Second Half Year Ended April 30, 2023	14/23/14	CI
Starts Proceed to Secure 35 Billion Yen Syndicated Loan	23/23/23	MT
Starts Proceed Targets 1.5 Billion Yen Bond Sale, Closes 498 Million Yen Acquisition of Rental Property	19/23/19	MT
Starts Proceed Investment Corporation completed the acquisition of Trust Beneficiary Interests in Proceed Matsudo from Starts Development Corporation	28/23/28	CI
Starts Proceed Investment Corporation agreed to acquire Trust Beneficiary Interests in Proceed Matsudo from Starts Development Corporation for Â¥500 million.	27/23/27	CI
Starts Proceed Investment’s Fiscal H1 Income Rises 9% on Property Demand	21/22/21	MT
Starts Proceed Investment Corporation Announces Dividend for the 34Th Fiscal Period from May 1, 2022, to October 31, 2022, Payable January 23, 2023 and Provides Dividend Forecasts for the 35Th Fiscal Period from November 1, 2022, to April 30, 2023	20/22/20	CI
Starts Proceed Investment Corporation Provides Dividend Forecasts for the 36Th Fiscal Period from May 1, 2023, to October 31, 2023	20/22/20	CI

Chart Starts Proceed Investment Corporation

Duration

Period

Chart Starts Proceed Investment Corporation

More charts

Company Profile

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.

Sector

Residential REITs

Calendar

11/06/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Sector Residential REITs

	1st Jan change	Capi.
STARTS PROCEED INVESTMENT CORPORATION	+3.38%	38Cr
AVALONBAY COMMUNITIES, INC.	+5.78%	2.82TCr
EQUITY RESIDENTIAL	+9.70%	2.56TCr
INVITATION HOMES INC.	+3.22%	2.18TCr
ESSEX PROPERTY TRUST, INC.	+6.76%	1.72TCr
MID-AMERICA APARTMENT COMMUNITY, INC.	+1.78%	1.61TCr
SUN COMMUNITIES, INC.	-9.59%	1.48TCr
AMERICAN HOMES 4 RENT	+1.36%	1.34TCr
UDR INC.	+2.95%	1.3TCr
EQUITY LIFESTYLE PROPERTIES, INC.	-10.02%	1.18TCr

Residential REITs