Advance Residence Investment Corporation (issue abbreviation: ADR, securities code: 3269), would like to offer its sincerest gratitude for your continued support, which has been integral in the remarkable growth we have achieved in our portfolio of residential properties since our initial listing.
On March 1, former Advance Residence Investment Corporation merged with Nippon Residential Investment Corporation to create a new company in the same name, Advance Residence Investment Corporation. The new ADR will re-list on March 2nd on the Tokyo Stock Exchange REIT Section. The merged investment corporation has a well diversified portfolio and be the largest residential J-REIT in terms of asset size. Through achieving a various synergies between the former investment corporations we believe we will be able to provide investors will stable dividend in the medium to long-term.
Along with providing competitive and comprehensive living services to tenants, we will achieve a steady and long-term growth in asset and generate stable profit to maximize unitholders’equity.
These efforts are all critical to our commitment to satisfy investors and tenants alike.
We humbly ask for your continued support.
Sincerely yours,
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Kenji Kousaka, Executive Director Advance Residence Investment Corporation |
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