TSE:3281Industrial REITs
GLP J-REIT (TSE:3281) FFO Volatility Challenges Bullish Income Narratives
GLP J-REIT (TSE:3281) has reported its FY 2026 numbers with second half revenue of ¥28.8b and basic EPS of ¥3,104.8, alongside first half revenue of ¥26.0b and basic EPS of ¥3,348.0. Trailing 12 month revenue came in at ¥54.8b and EPS at ¥6,452.8, with earnings up 6.6% over the past year. Over recent periods the trust has seen revenue move from ¥55.4b to ¥54.8b as trailing net income excluding extra items reached ¥30.0b. This sets up a picture of modest top line movement alongside an improved...