- Investing.com
Metrics to compare | 8976 | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship Relationship8976PeersSector | |
|---|---|---|---|---|
P/E Ratio | 18.5x | 19.3x | 8.7x | |
PEG Ratio | 1.76 | 0.42 | 0.01 | |
Price/Book | 1.2x | 1.2x | 0.9x | |
Price / LTM Sales | 8.8x | 8.9x | 4.0x | |
Upside (Analyst Target) | 22.3% | 16.6% | 21.1% | |
Fair Value Upside | Unlock | −17.7% | 2.0% | Unlock |
Daiwa Office Investment Corporation (hereinafter referred to as DOI) was established as an investment corporation under the Act on Investment Trusts and Investment Corporations by the founder (the former daVinci Select now, Daiwa Real Estate Asset Management (hereinafter referred to as the Asset Manager). DOI is an externally managed real estate fund, established as an investment corporation. The Asset Manager, as DOI’s asset management company, is engaged in acquiring, managing, leasing, and renovating office properties. Daiwa Securities Group Inc. currently owns 100% of the shares of the Asset Manager. On October 18, 2005, DOI had raised approximately 49,498,710 thousand yen through an initial public offering of units. Those units were listed on the J-REIT section of the Tokyo Stock Exchange. DOI implemented a 2 for 1 split of its investment units with a record date of May 31, 2024 and an effective date of June 1, 2024. As of May 31, 2026, DOI had ownership or trust beneficiary interests in 58 office properties with approximately 365,092.05 m2 of rentable office space and had leased office space to 666 tenants engaged in a variety of businesses. The occupancy rate for the office properties was approximately 99.1%. Daiwa Office Investment Corporation was established on July 11, 2005 and incorporated in Ontario, Canada.