About
About Kenedix Office Investment Corporation
KDX Realty Investment Corporation have established a solid portfolio investing in mid-sized office buildings primarily in the Tokyo Metropolitan Area, since listing on the Tokyo Stock Exchange in July 2005. On November 1, 2023, we merged with Kenedix Residential Next Investment Corporation and Kenedix Retail REIT Corporation, and have changed our name to (KDX Realty Investment Corporation). Following the merger, we seek to achieve sustainable growth by expanding our investment universe while adapting to environmental changes. We will continue to invest in properties utilizing not only support from the sponsor Kenedix, Inc., but also the unique network of the asset management company, Kenedix Real Estate Fund Management Inc. to achieve sustainable growth in our AUM (assets under management) and expand our portfolio.
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5 years, 4 months ago
Kenedix Office Investment Corporation is currently in a long term uptrend where the price is trading 10.4% above its 200 day moving average.
From a valuation standpoint, the stock is 119.1% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 10.6.
Kenedix Office Investment Corporation's total revenue sank by 0.0% to $8B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 93.2% to $8B since the same quarter in the previous year.
Based on the above factors, Kenedix Office Investment Corporation gets an overall score of 2/5.