MCUBS MidCity Investment Corp. | REIT Profile

Symbol: 3227
Exchange: TSE
Founded: 2006 (19 years)
HQ: Tokyo, Japan
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Office

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MCUBS MidCity Investment Corporation (MCUBS MidCity) was listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchange (Securities code: 3227) on August 29, 2006 as MID REIT, Inc. which focused on office properties and primarily investing in the Osaka Area. In April 2015, MCUBS MidCity's asset management company has welcomed Mitsubishi Corp. - UBS Realty Inc. which manages Japan Retail Fund Investment Corporation and Industrial & Infrastructure Fund Investment Corporation as its new main sponsor and changed the trade name from MID REIT Management Co., Ltd. to MCUBS MidCity Inc. At the 6th General Meeting of Unitholders held on June 2015, the investment corporation's name was changed from MID REIT Inc. to MCUBS MidCity Investment Corporation and it has expanded its investment target area to include Tokyo and Nagoya in addition to Osaka in order to maximize the unitholders value. In October 2015, the head office was relocated to Chiyoda-ku, Tokyo from Osaka, marking the start of a new chapter. MCUBS MidCity is committed to managing assets from a medium to long-term perspective to assure stable revenues and steady growth of operating.