GLPJF (GLP J-REIT) Land And Improvements: $3,392.1 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLPJF GLP J-REIT GLPJF
78 GF Score
Price $824.70
GF Value $893.71
! 5 Warning Signs
View Full Analysis

What is GLP J-REIT Land And Improvements?

GLP J-REIT GLPJF -5.09% 78 Land And Improvements is $3,392.1 Mil as of Feb. 2026. GuruFocus rates GLPJF with a GF Score™ of 78/100 and a GF Value™ of $893.71. The stock has 5 warning signs investors should review.

GLP J-REIT's land and improvements for the quarter that ended in Feb. 2026 was $3,392.1 Mil.

GLP J-REIT's quarterly land and improvements increased from Feb. 2025 ($3,541.0 Mil) to Aug. 2025 ($3,573.3 Mil) but then declined from Aug. 2025 ($3,573.3 Mil) to Feb. 2026 ($3,392.1 Mil).

GLP J-REIT's annual land and improvements declined from Aug. 2023 ($3,730.0 Mil) to Aug. 2024 ($3,692.7 Mil) and declined from Aug. 2024 ($3,692.7 Mil) to Aug. 2025 ($3,573.3 Mil).


GLP J-REIT Land And Improvements Historical Data

* Premium members only.

The historical data trend for GLP J-REIT's Land 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.

GLP J-REIT Land And Improvements Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Land And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,345.09 3,519.63 3,730.04 3,692.67 3,573.27

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Land 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 3,607.27 3,692.67 3,541.05 3,573.27 3,392.09
GLPJF
78GF Score
GLP J-REIT GLPJF
Land And Improvements is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GLP J-REIT Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Frequently Asked Questions Learn more about Land And Improvements →
What does a Land And Improvements of $3,392.1 Mil mean?
GLP J-REIT (GLPJF) has a Land And Improvements of $3,392.1 Mil as of Feb. 2026. Land and improvements records the total value of a company's land and improvements to it. View historical data on GLP J-REIT and its competitors.
Is GLP J-REIT's Land And Improvements too high?
GLP J-REIT's current Land And Improvements is $3,392.1 Mil. Overall, GLP J-REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Land And Improvements compare to PLD and PSA?
GLP J-REIT's Land And Improvements of $3,392.1 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 Land And Improvements for a REITs company?
A good Land And Improvements depends on the REITs industry context. However, Land 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 Land And Improvements mean?
A high Land And Improvements can signal that a stock is expensive relative to its fundamentals. Land and improvements records the total value of a company's land and improvements to it. View historical data on GLP J-REIT and its competitors. GLP J-REIT's current Land And Improvements is $3,392.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Land And Improvements of $3,392.1 Mil. The stock's GF Value™ is $893.71, compared to a current price of $824.70 — trading 7.7% below its estimated fair value. The current Land And Improvements is $3,392.1 Mil. GLP J-REIT's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Land And Improvements calculated?
Land And Improvements is calculated from a company's financial statements. For GLP J-REIT (GLPJF), the current Land And Improvements is $3,392.1 Mil as of Feb. 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 GLP J-REIT (GLPJF) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of $824.70 is trading 7.7% below its estimated GF Value™ of $893.71.

Key valuation signals for GLPJF:

  • Land And Improvements: $3,392.1 Mil
  • GF Value™: $893.71 vs. price of $824.70 (7.7% below fair value)
  • GF Score™: 78/100 with 5 warning signs

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


GLP J-REIT Business Description

Industry Real EstateREITs
Other Exchanges 3281:Japan
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
78GF Score

Get the complete analysis for GLPJF

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

$824.70
Price
$893.71
GF Value