Which companies are CRE Logistics REIT's closest peers?

The cockpit's peer set: One Liberty Properties (OLP), MIRARTH Real Estate Investment (3492.T), Franklin BSP Realty Trust (FBRT), NewRiver REIT (NRR.L), Hudson Pacific Properties (HPP), Living REIT (LIVE.L), Sunlight Real Estate Investment Trust (0435.HK), Testa Residencial Socimi (YTST.MC).

Is CRE Logistics REIT expensive compared with its peers?

On forward p/e it trades at 17.0× against a peer median of 16.2×, 7th most expensive of 15 in its peer set.

How has CRE Logistics REIT stock performed?

Over six months to 6 Nov 2026 the shares returned -23.0% against -10.1% for the median peer; over one year -24.3%.

← CockpitCompetitor Analysis › 3487.T CRE Logistics REIT, IncOpen in the cockpit ↗

CRE Logistics REIT, Inc3487.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Real Estate Investment Trusts

Momentum laggard 18

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$460M

US dollars, full cap

Free float

90%

of shares outstanding

$/day

$1.59M

20-day average traded

Fwd P/E

17.0×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

103 days

17 Feb 2027

Close · JPY¥118,900

1D-3.2%

1W-4.3%

1M-9.6%

3M-14.3%

6M-23.0%

YTD-29.5%

1Y-24.3%

ATR %1.7%

52w lowhigh32.2% off high

What CRE Logistics REIT does

No business profile yet.

CRE Logistics REIT at a glance

Size CRE Logistics REIT (3487.T) is a Japan Real Estate company (Real Estate Investment Trusts) with a market value of $460M, the 1122nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥118,900 on 6 Nov 2026.

Performance Over six months the shares fell 23.0%, against -10.1% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 23.1% over the last twelve months (peer median +3.8%); the operating margin is 40.8% (peer median 48.0%).

Valuation It trades at 17.0× forward earnings against a peer median of 16.2× (7th most expensive of 15).

Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: CRE Logistics REIT against the median of its 20 peers (local-currency closes).

CRE Logistics REIT financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥13.1B	¥10.8B	¥9.72B	¥8.76B	¥11.0B
Revenue growth	—	+11%	+11%	-20%	—
Gross profit	¥5.48B	¥5.35B	¥5.05B	¥4.92B	¥6.15B
EBITDA	¥6.87B	¥6.76B	¥6.45B	¥6.27B	¥7.24B
Net income	¥4.45B	¥4.44B	¥4.28B	¥4.17B	¥5.37B
Free cash flow	¥6.60B	¥7.08B	¥5.94B	-¥16.5B	¥5.42B
Capital expenditure	¥3.00B	¥269M	¥135M	¥22.8B	¥3.68B
Total debt	n/a	¥69.9B	¥70.8B	¥71.0B	¥60.7B

Quarterly statements and history in the cockpit →

CRE Logistics REIT competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. CRE Logistics REIT is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CRE Logistics REIT is the large dot.

CRE Logistics REIT competitors and peer comparison

How CRE Logistics REIT compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

CRE Logistics REIT against its 20 peers (data as of 6 Nov 2026)
Measure	3487.T	Peer median	Rank in peer set
1-month return	-9.6%	-0.2%	4th lowest of 21
6-month return	-23.0%	-10.1%	2nd lowest of 21
Distance from 52-week high	-32.2%	-23.4%	4th lowest of 21
Revenue growth (TTM)	+23.1%	+3.8%	4th highest of 19
Operating margin	40.8%	48.0%	9th lowest of 20
Forward P/E	17.0×	16.2×	7th most expensive of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
CRE Logistics REIT 3487.T	Japan	$460M	-23%	+23%	41%	17.0×	n/a	n/a
One Liberty Properties OLP	United States	$461M	-10%	+11%	34%	54.1×	n/a	n/a
MIRARTH Real Estate Investment 3492.T	Japan	$461M	-18%	+35%	50%	28.7×	n/a	n/a
Franklin BSP Realty Trust FBRT	United States	$469M	-32%	-1%	49%	7.3×	n/a	n/a
NewRiver REIT NRR.L	United Kingdom	$470M	+6%	+45%	39%	10.1×	n/a	n/a
Hudson Pacific Properties HPP	United States	$471M	-22%	+3%	-1%	n/a	n/a	n/a
Living REIT LIVE.L	United Kingdom	$443M	0%	+5%	79%	10.8×	n/a	n/a
Sunlight Real Estate Investment Trust 0435.HK	Hong Kong	$481M	-10%	-5%	65%	n/a	n/a	n/a
Testa Residencial Socimi YTST.MC	Spain	$482M	+13%	-2%	59%	n/a	n/a	n/a
One REIT 3290.T	Japan	$435M	-10%	0%	30%	n/a	n/a	n/a
China Southern SF Express Closed Infrastructure REIT 180305.SZ	China	$490M	-12%	n/a	10%	n/a	n/a	n/a
MIRAI 3476.T	Japan	$431M	-23%	-22%	37%	26.4×	n/a	n/a
Gladstone Commercial GOOD	United States	$497M	-21%	+11%	39%	64.4×	n/a	n/a
Shinhan Alpha REIT 293940.KS	South Korea	$497M	-8%	+45%	63%	24.0×	n/a	n/a
Automotive Properties Real Estate Investment Trust APR-UN.TO	Canada	$499M	+11%	+18%	78%	12.5×	n/a	n/a
Mirae Asset Maps Realty Real Estate Public Investment 094800.KS	South Korea	$424M	-17%	n/a	n/a	n/a	n/a	n/a
Yuexiu Real Estate Investment Trust 0405.HK	Hong Kong	$424M	-19%	-11%	48%	11.1×	n/a	n/a
Alpha Integrated Real Estate Investment Trust M1GU.SI	Singapore	$423M	-1%	+6%	48%	16.1×	n/a	n/a
Community Healthcare Trust CHCT	United States	$423M	-16%	+6%	32%	32.7×	n/a	n/a
Plaza Retail REIT PLZ-UN.TO	Canada	$419M	+19%	+3%	52%	11.6×	n/a	n/a
Nexus Industrial REIT NXR-UN.TO	Canada	$418M	-1%	+2%	65%	16.3×	n/a	n/a

Questions

Which companies are CRE Logistics REIT's closest peers?: The cockpit's peer set: One Liberty Properties (OLP), MIRARTH Real Estate Investment (3492.T), Franklin BSP Realty Trust (FBRT), NewRiver REIT (NRR.L), Hudson Pacific Properties (HPP), Living REIT (LIVE.L), Sunlight Real Estate Investment Trust (0435.HK), Testa Residencial Socimi (YTST.MC).
Is CRE Logistics REIT expensive compared with its peers?: On forward p/e it trades at 17.0× against a peer median of 16.2×, 7th most expensive of 15 in its peer set.
How has CRE Logistics REIT stock performed?: Over six months to 6 Nov 2026 the shares returned -23.0% against -10.1% for the median peer; over one year -24.3%.