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Sponsors
Together with our main sponsor NTT Urban Development Corporation, a dynamic line up of companies with expertise in a wide variety of real estate businesses as shareholders of Premier REIT Advisors Co., Ltd. (PRA), the asset manager of PIC, provides backup support to PRA in its asset management.
| Shareholders | Number of Stocks |
Share |
|---|---|---|
| NTT Urban Development Corporation | 3,186 | 53.1% |
| Ken Corporation Ltd. | 1,800 | 30.0% |
| SOHGOH REAL ESTATE CO., LTD. | 600 | 10.0% |
| The Chuo Mitsui Trust and Banking Company Limited | 294 | 4.9% |
| Nikko Properties Co., Ltd. | 120 | 2.0% |
| Total | 6,000 | 100.0% |
Previously the principal sponsors of PRA were Ken Corporation Ltd., SOHGOH REAL ESTATE CO., LTD. and The Chuo Mitsui Trust Group. However, via the transfer of stocks, PRA became a subsidiary of NTT Urban Development Corporation on May 14, 2010.
This capital policy intends to strengthen the structure of PRA and improve the investment value of PIC continuously through the pipeline support and dispatch of human resources by NTT Urban Development Corporation as well as utilizing its credibility.
