Nomura Real Estate Master Fund's (TYO:3462) net income gained 0.7% to 16.1 billion yen for the six months ended Aug. 31 from nearly 16 billion yen in the previous half-year period.
The REIT's net income per unit rose to 3,465 yen from 3,434 yen in the six months ended Feb. 28, according to a Tokyo bourse filing on Thursday.
Operating revenues increased 1.4% to 43.7 billion yen from 43.1 billion yen.
It declared an interim distribution of 3,542 yen per unit, payable from Nov. 19.
For the fiscal period ending Feb. 28, 2026, the company expects net income of 13.4 billion yen, net income per unit of 2,886 yen, and operating revenues of 41.4 billion yen.
Nomura Real Estate Master Fund forecasts to pay a distribution per unit of 3,624 yen.