PICJF (NTT UD Reit Investment) Buildings And Improvements: $680.8 Mil (As of Apr. 2026)

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PICJF NTT UD Reit Investment Corp PICJF
62 GF Score
Price $892.43
GF Value $985.17
! 7 Warning Signs
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What is NTT UD Reit Investment Buildings And Improvements?

NTT UD Reit Investment PICJF 62 Buildings And Improvements is $680.8 Mil as of Apr. 2026. GuruFocus rates PICJF with a GF Score™ of 62/100 and a GF Value™ of $985.17. The stock has 7 warning signs investors should review.

NTT UD Reit Investment's quarterly buildings and improvements declined from Apr. 2025 ($788.2 Mil) to Oct. 2025 ($708.6 Mil) and declined from Oct. 2025 ($708.6 Mil) to Apr. 2026 ($680.8 Mil).

NTT UD Reit Investment's annual buildings and improvements increased from Oct. 2023 ($704.1 Mil) to Oct. 2024 ($761.0 Mil) but then declined from Oct. 2024 ($761.0 Mil) to Oct. 2025 ($708.6 Mil).

NTT UD Reit Investment Buildings And Improvements Historical Data

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The historical data trend for NTT UD Reit Investment's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NTT UD Reit Investment Buildings And Improvements Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 884.83 712.59 704.14 760.96 708.59

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 733.84 760.96 788.18 708.59 680.80
PICJF
62GF Score
NTT UD Reit Investment Corp PICJF
Buildings And Improvements is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT UD Reit Investment Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.

What does a Buildings And Improvements of $680.8 Mil mean?
NTT UD Reit Investment (PICJF) has a Buildings And Improvements of $680.8 Mil as of Apr. 2026. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on NTT UD Reit Investment and its competitors.
Is NTT UD Reit Investment's Buildings And Improvements too high?
NTT UD Reit Investment's current Buildings And Improvements is $680.8 Mil. Overall, NTT UD Reit Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's Buildings And Improvements compare to VICI and WPC?
NTT UD Reit Investment's Buildings And Improvements of $680.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buildings And Improvements for a REITs company?
A good Buildings And Improvements depends on the REITs industry context. However, Buildings And Improvements should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buildings And Improvements mean?
A high Buildings And Improvements can signal that a stock is expensive relative to its fundamentals. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on NTT UD Reit Investment and its competitors. NTT UD Reit Investment's current Buildings And Improvements is $680.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current Buildings And Improvements of $680.8 Mil. The stock's GF Value™ is $985.17, compared to a current price of $892.43 — trading 9.4% below its estimated fair value. The current Buildings And Improvements is $680.8 Mil. NTT UD Reit Investment's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buildings And Improvements calculated?
Buildings And Improvements is calculated from a company's financial statements. For NTT UD Reit Investment (PICJF), the current Buildings And Improvements is $680.8 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 9.4% below its estimated GF Value™ of $985.17.

Key valuation signals for PICJF:

  • Buildings And Improvements: $680.8 Mil
  • GF Value™: $985.17 vs. price of $892.43 (9.4% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the PICJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
62GF Score

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Buildings And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$892.43
Price
$985.17
GF Value