20th May 2015 09:57
LONDON (Alliance News) - Japan Residential Investment Co Ltd Wednesday said its portfolio occupancy rate improved on the year in April, but weakened against March.
The company, which invests in residential property in Japan, said its portfolio occupancy rate at the end of April was 94.9%, up 0.5 percentage points from a year earlier. Average occupancy for the 12 months to the end of April was 94.8%.
In March, however, its occupancy rate was 96.2%, up from 94.9% at the end of February.
Shares in Japan Residential were trading flat at 56.5 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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