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Frontier Real Estate provides H1'18 guidance

Frontier Real Estate Investment Corp. laid out its operating forecasts for the fiscal period beginning Jan. 1, 2018, and ending June 30, 2018.

The company expects a distribution per unit of ¥10,080 for the period, along with net income of ¥5.00 billion, ordinary income of ¥5.00 billion, operating income of roughly ¥5.29 billion and operating revenues of ¥10.11 billion.

As of Dec. 25, US$1 was equivalent to ¥113.22.