Kenedix Residential Next Investment Corporation (“KDR”) would like to express its gratitude to all unitholders and stakeholders for their continued support and cooperation.

KDR is an investment corporation committed to maximizing the profits of unitholders by accurately grasping changes in social and economic structures and realizing stable rental income and steady growth of asset size through investment in residential facilities and healthcare facilities (“spaces where people live and stay”). Since listing on the Tokyo Stock Exchange in April 2012, KDR has achieved steady growth in AUM through investment in residential facilities, which is its primary investment target, and has been making efforts to secure further growth opportunities, including the merger with Japan Senior Living Investment Corporation on March 1, 2018. Even after the merger, KDR is striving to achieve sustainable growth in asset size and strengthen stability through portfolio diversification by raising funds on a regular basis and continuously investing in rental housing and senior homes, etc.

Demand for real estate has become diversified, and the investment environment of real estate is changing day by day due to changes in lifestyles and the progression of the aging of society, etc. In addition, with unprecedented disaster brought about by the COVID-19 pandemic, further changes in social and economic structures are coming. These changes in our lifestyles and working styles, including the popularization of telework, are having a major impact on people’s decisions on places to live and properties. This turning point wherein we are witnessing changes in social and economic structures is precisely the moment for KDR to demonstrate its true value, and by grasping the opportunities that arise from these changes, it will achieve further breakthroughs.

KDR entrusts its asset management to Kenedix Real Estate Fund Management, Inc., which inherits the philosophy and human resources of Kenedix, Inc., and shall continue to “flexibly” pursue investment opportunities and revenue opportunities it discerns to be optimal and “dynamically” invest and manage its portfolio based on swift information gathering and decision making. With this approach, KDR aims to maximize returns for unitholders.

KDR respectfully looks forward to your continued support and cooperation.

Executive Director
Tetsu Kawashima