ORIX JREIT Swaps 37-Year-Old Buildings for an 11.6-Year Portfolio to Chase 3%+ DPU Growth
ORIX JREIT is trading ¥35.1bn of buildings averaging 37 years old for ¥132.3bn of assets averaging 11.6 years, with some deals still due to close by 2028, chasing dividend-per-unit growth above 3% a year with barely any change to headline yield.