MORI TRUST REIT, Inc. (8961.T)

72,900.00 -300.00 (-0.41%) At close: 03:15PM JST

MORI TRUST REIT, Inc.

3-1 Toranomon 4-chome
Minato-ku
Tokyo 105-0001
Japan
81 3 6435 7011
https://www.mt-reit.jp

Sector(s): Real Estate
Industry: REIT - Office
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hiroshi Naito	President & Executive Director	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in JPY.

Description

MORI TRUST Reit, Inc. ("MTR"), a Japanese real estate investment corporation, was incorporated on October 2, 2001 under the Law Concerning Investment Trusts and Investment Corporations of Japan, or the Investment Trust Law. MTR was originally formed by Mori Trust Co., Ltd., and commenced operations on March 28, 2002 by acquiring a property. MTR is provided professional asset management services of properties of various types by a licensed asset management company, MORI TRUST Asset Management Co., Ltd. ("MTAM"). MTAM is currently owned 95% by MORI TRUST Co., Ltd., and 5% by Mori Trust Hotels & Resorts Co., Ltd. On February 13, 2004, MTR was listed on the J-REIT section of the Tokyo Stock Exchange (securities code: 8961). As of August 31, 2023, MTR owned a portfolio of 22 properties with a total rentable area of 532,410.36 sq. meters occupied by 117 tenants. The occupancy rate was 98.9%.

Corporate governance

MORI TRUST REIT, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.