Portfolio Occupancy (1399A)

TIDMJRIC

RNS Number : 1399A

Japan Residential Inv. Co. Ltd

27 January 2011

Japan Residential Investment Company Limited ("the Company")

Portfolio Occupancy

Japan Residential Investment Company Limited (AIM: JRIC) is a closed-ended Guernsey registered company established to make and hold investments in residential property in Japan. The Company, its subsidiaries and entities in which it has a beneficial interest are referred to collectively as "the Fund".

The Fund portfolio occupancy rate was 95.4% as at 31 December 2010, up from 90.5% on the same date one year prior. Average occupancy for the year ending 31 December 2010 was 92.8%, an increase of 1.1% over the year prior. Fund occupancy has improved considerably in the second half of 2010. Average occupancy for the six months ending December 2010 increased 2.9% to 94.3% over the same period one year prior.

Enquiries

 
 K.K. Halifax Asset Management   Alec Menikoff             +81 (0)3 5563 
                                                            8771 
 Smith & Williamson Corporate    Azhic Basirov             +44 (0)20 7131 
  Finance Limited                                           4000 
 Fairfax I.S. PLC                John Korwin-Szymanowski   +44 (0)20 7460 
                                                            4376

This information is provided by RNS

The company news service from the London Stock Exchange

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