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Kenedix Residential Next Investment (TSE:3278)

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Kenedix Residential Next Investment (TSE:3278) Business Description

Kenedix Residential Next Investment logo
Traded in Other Exchanges
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
Kenedix Residential Next Investment Corp is a Japanese real estate investment trust that acquires, owns, and leases residential properties throughout Japan. In terms of total acquisition price, the majority of the company's real estate portfolio is composed of residential developments in the Tokyo Metropolitan Area. The rest of Kenedix Residential's holdings are located in other Japanese regional areas. The vast majority of the company's assets are split between small family and studio residential units. Family dwellings also make up a sizable amount of Kenedix's portfolio. The company derives nearly all of its operating income in the form of rental revenue from leasing its properties to tenants. Small family residential units contribute the largest share of this income.