Japan Residential Inv. Co. Ltd Portfolio Occupancy (3023K)

TIDMJRIC

RNS Number : 3023K

Japan Residential Inv. Co. Ltd

17 August 2012

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".

On 31 July 2012, the Fund portfolio occupancy rate was 94.6%, unchanged from that of the same date one year prior.

Average occupancy for the first eight months of the current financial year slightly decreased to 95.1% from 95.2% over the same period one year prior. Average occupancy for the 12 months ended 31 July 2012 decreased to 94.8% from 95.0% for the 12 months ended 31 July 2011.

Enquiries

 
 KK Halifax Management Limited 
  Manager                         Edward Barrow              +65 6593 8904 
 KK Halifax Asset Management                                 +81 (0)3 5563 
  Investment Adviser              Alec Menikoff               8771 
 Smith & Williamson Corporate 
  Finance Limited                 Azhic Basirov              +44 (0)20 7131 
  Nominated Adviser                David Jones                4000 
 Fairfax I.S. PLC                 John Korwin-Szymanowski    +44 (0)20 7598 
  Joint Broker                     James King                 5368 
 Westhouse Securities Limited     Alastair Moreton           +44 (0)20 7601 
  Joint Broker                     Hannah Young               6100

This information is provided by RNS

The company news service from the London Stock Exchange

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