Jun 13th 2012 - Edison Investment Research today published a report on Japan Residential Investment Co (JRIC.L, LSE:JRIC, LON:JRIC) entitled "Attractive Yield And NAV Discount". In summary, the report says:
The consistent operational performance of the fund’s broad portfolio of Japanese residential properties, well-diversifed geographically and by tenant, supports an outlook of further dividend and NAV/share growth over the next few years. Portfolio occupancy levels and rental income have been steady despite global economic turmoil and local geological shocks. We see improved prospects for uplifts in asset values as the cyclical real estate market recovery gathers pace.
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