Global One Real Estate Investment Corporation (GOR) has closed its accounts and posted financial results for the 33rd Period (six-month period ended March 2020) and, as a result, we have declared a dividend per unit of 2,359 yen.
During the 33rd Period, GOR further promoted ESG initiatives together with GAR. Major initiatives include the following:
・GAR became a signatory to the Principles for Financial Action towards a Sustainable Society (Principles for Financial Action for the 21st Century)
・The GRI Standards Index has been posted on GOR’s website
・Additional acquisition of environment-related certification (DBJ Green Building Certification 4 Stars: Toyosu / BELS Certification: Yokohama)
・Green finance (MUFG ESG Rating Certificate for J-REIT supported by JCR: highest rating of “Rank S”)
・Implementation of tenant satisfaction survey
・Introduction of staggered working hour system for GAR employees
It is forecasted that the Japanese economy will continue to be in a severe state due to the impact of the recent global spread of the COVID-19 infection. As a sense of uncertainty rises, we are required to pay close attention to the impact of the slowdown of various economic activities on office market conditions as well as the capital market, in addition to other factors.
We will continue to manage assets from a medium- to long-term perspective with the aim of achieving steady growth of and securing stable income from assets under management, while keeping in mind the enhancement of unitholder value. We look forward to your continued support and encouragement.