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J-REIT Distribution Yield Ranking (all 58 REITs)
Every J-REIT (Japanese real estate investment trust) listed on the Tokyo Stock Exchange - all 58 of them - ranked from the highest distribution yield down. This is the full list, not just the top names.
Besides the unit price, annual distribution and property type, the table shows the fiscal month in which the right to the distribution is fixed and the month the distribution is actually paid. Use it to combine REITs that pay in different months.
Data as of 9 Oct 2026 (closing prices). The average yield of the 58 REITs listed is 5.80%.
Rebuilt automatically every day at 17:00 (after the Tokyo close). Last update: 2026-10-11 17:05 (Japan time).
Distribution yield ranking (1st - 58th)
| Rank | Code | REIT | Property type | Unit price | Annual distribution | Yield | Basis | Fiscal months | Payment months |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3455 | Healthcare & Medical Investment Corporation | Healthcare | ¥91,500 | ¥6,610 | 7.22% | Forecast | Jan / Jul | Apr※ / Oct |
| 2 | 8963 | Invincible Investment Corporation | Diversified | ¥57,400 | ¥4,135 | 7.20% | Forecast | Jun / Dec | Sep / Mar※ |
| 3 | 3492 | MIRARTH Real Estate Investment Corporation | Diversified | ¥76,800 | ¥5,500 | 7.16% | Actual | Feb / Aug | May※ / Nov※ |
| 4 | 401A | Kasumigaseki Hotel REIT Investment Corporation | Hotels | ¥92,600 | ¥6,610 | 7.14% | Forecast | Jan / Jul | Apr※ / Oct |
| 5 | 2971 | ESCON JAPAN REIT Investment Corporation | Diversified | ¥100,500 | ¥7,020 | 6.99% | Forecast | Jan / Jul | Apr※ / Oct |
| 6 | 3476 | MIRAI Corporation | Diversified | ¥38,250 | ¥2,638 | 6.90% | Actual | Apr / Oct | Jul※ / Jan※ |
| 7 | 3470 | Marimo Regional Revitalization REIT,Inc. | Diversified | ¥93,600 | ¥6,434 | 6.87% | Forecast | Jun / Dec | Sep / Mar※ |
| 8 | 2989 | Tokaido REIT,Inc. | Diversified | ¥86,700 | ¥5,912 | 6.82% | Forecast | Jan / Jul | Apr※ / Oct |
| 9 | 3309 | Sekisui House Reit,Inc. | Diversified | ¥66,600 | ¥4,424 | 6.64% | Actual (old) | Apr / Oct | Jul※ / Jan※ |
| 10 | 8958 | Global One Real Estate Investment Corporation | Office | ¥105,500 | ¥6,881 | 6.52% | Actual | Mar / Sep | Jun※ / Dec※ |
| 11 | 3459 | Samty Residential Investment Corporation | Residential | ¥79,500 | ¥5,180 | 6.52% | Forecast | Jan / Jul | Apr※ / Oct |
| 12 | 3468 | Star Asia Investment Corporation | Diversified | ¥52,500 | ¥3,415 | 6.50% | Forecast | Jan / Jul | Apr※ / Oct |
| 13 | 3451 | Tosei Reit Investment Corporation | Diversified | ¥121,200 | ¥7,801 | 6.44% | Actual | Apr / Oct | Jul※ / Jan※ |
| 14 | 3290 | One REIT,Inc. | Hybrid (office + retail) | ¥75,100 | ¥4,826 | 6.43% | Actual | Feb / Aug | May※ / Nov※ |
| 15 | 8966 | HEIWA REAL ESTATE REIT,Inc. | Hybrid (office + residential) | ¥123,600 | ¥7,940 | 6.42% | Actual | May / Nov | Aug※ / Feb※ |
| 16 | 8985 | Japan Hotel REIT Investment Corporation | Hotels | ¥79,200 | ¥5,061 | 6.39% | Actual | Dec | Mar※ |
| 17 | 3249 | Industrial & Infrastructure Fund Investment Corporation | Logistics | ¥127,400 | ¥8,015 | 6.29% | Forecast | Jan / Jul | Apr※ / Oct |
| 18 | 3488 | CENTRAL REIT Investment Corporation | Diversified | ¥105,600 | ¥6,581 | 6.23% | Actual | Feb / Aug | May※ / Nov※ |
| 19 | 3463 | Ichigo Hotel REIT Investment Corporation | Hotels | ¥100,200 | ¥6,192 | 6.18% | Forecast | Jan / Jul | Apr※ / Oct |
| 20 | 8964 | Mitsui Fudosan Retail Fund Investment Corporation | Retail | ¥72,700 | ¥4,460 | 6.13% | Forecast | Jun / Dec | Sep / Mar※ |
| 21 | 3472 | Nippon Hotel & Residential Investment Corporation | Diversified (mainly hotels + residential) | ¥65,200 | ¥3,989 | 6.12% | Forecast | May / Nov | Aug / Feb※ |
| 22 | 3296 | NIPPON REIT Investment Corporation | Diversified (mainly office) | ¥75,200 | ¥4,600 | 6.12% | Forecast | Jun / Dec | Sep / Mar※ |
| 23 | 8986 | Daiwa Securities Living Investment Corporation | Hybrid (residential + healthcare) | ¥84,600 | ¥5,140 | 6.08% | Actual | Mar / Sep | Jun※ / Dec※ |
| 24 | 2979 | SOSiLA Logistics REIT,Inc. | Logistics | ¥95,600 | ¥5,782 | 6.05% | Actual | May / Nov | Aug※ / Feb※ |
| 25 | 8984 | Daiwa House REIT Investment Corporation | Diversified | ¥108,300 | ¥6,528 | 6.03% | Actual | Feb / Aug | May※ / Nov※ |
| 26 | 8972 | KDX Realty Investment Corporation | Diversified | ¥139,400 | ¥8,271 | 5.93% | Actual | Apr / Oct | Jul※ / Jan※ |
| 27 | 3292 | AEON REIT Investment Corporation | Retail | ¥106,500 | ¥6,230 | 5.85% | Forecast | Jan / Jul | Apr※ / Oct |
| 28 | 8953 | Japan Metropolitan Fund Investment Corporation | Diversified (retail + office) | ¥103,400 | ¥5,987 | 5.79% | Actual | Feb / Aug | May※ / Nov※ |
| 29 | 3295 | Hulic Reit,Inc. | Diversified | ¥139,700 | ¥8,050 | 5.76% | Actual | Feb / Aug | May※ / Nov※ |
| 30 | 8960 | United Urban Investment Corporation | Diversified | ¥151,600 | ¥8,734 | 5.76% | Actual | May / Nov | Aug※ / Feb※ |
| 31 | 8979 | Starts Proceed Investment Corporation | Residential | ¥174,700 | ¥10,011 | 5.73% | Actual | Apr / Oct | Jul※ / Jan※ |
| 32 | 3487 | CRE Logistics REIT,Inc. | Logistics | ¥130,500 | ¥7,464 | 5.72% | Forecast | Jun / Dec | Sep / Mar※ |
| 33 | 3287 | Hoshino Resorts REIT,Inc. | Hotels & ryokan | ¥226,900 | ¥12,909 | 5.69% | Actual | Apr / Oct | Jul※ / Jan※ |
| 34 | 8975 | Ichigo Office REIT Investment Corporation | Office | ¥89,900 | ¥5,091 | 5.66% | Actual | Apr / Oct | Jul※ / Jan※ |
| 35 | 3466 | LaSalle LOGIPORT REIT | Logistics | ¥142,500 | ¥8,045 | 5.65% | Actual (old) | Feb / Aug | May※ / Nov※ |
| 36 | 3481 | Mitsubishi Estate Logistics REIT Investment Corporation | Logistics | ¥108,400 | ¥5,947 | 5.49% | Actual | Feb / Aug | May※ / Nov※ |
| 37 | 3281 | GLP J-REIT | Logistics | ¥128,300 | ¥7,029 | 5.48% | Actual | Feb / Aug | May※ / Nov※ |
| 38 | 8961 | MORI TRUST REIT,Inc. | Diversified (office + hotels) | ¥66,700 | ¥3,651 | 5.47% | Actual | Feb / Aug | May※ / Nov※ |
| 39 | 8954 | ORIX JREIT Inc. | Diversified (mainly office) | ¥88,900 | ¥4,864 | 5.47% | Actual | Feb / Aug | May※ / Nov※ |
| 40 | 3462 | Nomura Real Estate Master Fund,Inc. | Diversified | ¥135,300 | ¥7,329 | 5.42% | Actual | Feb / Aug | May※ / Nov※ |
| 41 | 3471 | Mitsui Fudosan Logistics Park Inc. | Logistics | ¥97,400 | ¥5,240 | 5.38% | Forecast | Jan / Jul | Apr※ / Oct |
| 42 | 8977 | Hankyu Hanshin REIT, Inc. | Diversified (mainly retail) | ¥124,900 | ¥6,689 | 5.36% | Actual | May / Nov | Aug※ / Feb※ |
| 43 | 8976 | Daiwa Office Investment Corporation | Office | ¥292,900 | ¥15,650 | 5.34% | Actual | May / Nov | Aug※ / Feb※ |
| 44 | 3234 | MORI HILLS REIT INVESTMENT CORPORATION | Diversified (mainly office) | ¥119,500 | ¥6,200 | 5.19% | Forecast | Jan / Jul | Apr※ / Oct |
| 45 | 8956 | NTT UD REIT Investment Corporation | Hybrid (office + residential) | ¥121,200 | ¥6,280 | 5.18% | Actual | Apr / Oct | Jul※ / Jan※ |
| 46 | 3279 | Activia Properties Inc. | Hybrid (office + retail) | ¥123,400 | ¥6,317 | 5.12% | Actual | May / Nov | Aug※ / Feb※ |
| 47 | 8967 | Japan Logistics Fund, Inc. | Logistics | ¥88,600 | ¥4,450 | 5.02% | Forecast | Jan / Jul | Apr※ / Oct |
| 48 | 8987 | Japan Excellent, Inc. | Diversified (mainly office) | ¥124,700 | ¥6,230 | 5.00% | Forecast | Jun / Dec | Sep / Mar※ |
| 49 | 8968 | Fukuoka REIT Corporation | Diversified (mainly retail) | ¥166,500 | ¥8,151 | 4.90% | Actual | Feb / Aug | May※ / Nov※ |
| 50 | 8955 | Japan Prime Realty Investment Corporation | Hybrid (office + retail) | ¥88,900 | ¥4,320 | 4.86% | Forecast | Jun / Dec | Sep / Mar※ |
| 51 | 3269 | Advance Residence Investment Corporation | Residential | ¥134,900 | ¥6,511 | 4.83% | Forecast | Jan / Jul | Apr※ / Oct |
| 52 | 3283 | Nippon Prologis REIT,Inc. | Logistics | ¥79,900 | ¥3,848 | 4.82% | Actual | May / Nov | Aug※ / Feb※ |
| 53 | 2972 | SANKEI REAL ESTATE Inc. | Diversified (mainly office) | ¥125,100 | ¥6,011 | 4.80% | Actual (old) | Feb / Aug | May※ / Nov※ |
| 54 | 8952 | Japan Real Estate Investment Corporation | Office | ¥106,300 | ¥5,097 | 4.79% | Actual | Mar / Sep | Jun※ / Dec※ |
| 55 | 3282 | Comforia Residential REIT,Inc | Residential | ¥90,600 | ¥4,278 | 4.72% | Forecast | Jan / Jul | Apr※ / Oct |
| 56 | 8957 | TOKYU REIT, Inc. | Hybrid (office + retail) | ¥180,400 | ¥8,030 | 4.45% | Forecast | Jan / Jul | Apr※ / Oct |
| 57 | 3226 | Mitsui Fudosan Accommodations Fund Inc. | Residential | ¥110,100 | ¥4,802 | 4.36% | Actual | Feb / Aug | May※ / Nov※ |
| 58 | 8951 | Nippon Building Fund Inc. | Office | ¥118,800 | ¥5,006 | 4.21% | Forecast | Jun / Dec | Sep / Mar※ |
How to read the data
| Item | Details |
|---|---|
| Data date | 9 Oct 2026 (closing prices). Updated automatically every day at 17:00 Japan time (after the Tokyo close) with that day's closing prices. |
| REITs covered | All 58 J-REITs listed on the Tokyo Stock Exchange. The list and fiscal months come from JPX's "List of REITs". Infrastructure funds are not included. |
| Unit price | The closing price of the day, as distributed by Yahoo Finance. |
| Annual distribution and the "Basis" column | Forecast - the sum of the forecast distributions for the next and the following period in each REIT's earnings report (Kessan Tanshin). A J-REIT's business period is six months, so two periods make exactly one year (REITs with a single annual period use the next period only). Distributions in excess of earnings are included. Actual - for REITs whose forecast is not yet on hand, the distributions actually paid over the last year, taking one payment per fiscal period. Earnings reports stay online for only about a month and the page collects them one by one each day, so it takes about six months before every REIT has a forecast. Treat this as a stand-in figure until then. |
| Distribution yield | Annual distribution ÷ unit price × 100, before tax. "Forecast" and "Actual" REITs are mixed in the ranking, so please treat the order as a guide only. |
| Fiscal months | The months in which the right to the distribution is fixed. You need to have bought the units by the last business day of that month (settlement basis). |
| Payment months | The months in which the distribution is actually paid. Where the earnings report confirms the payment start date, that month is shown. Where it is not yet confirmed, three months after the fiscal month is shown as a guide, marked with ※. J-REITs' articles require payment within three months of the period end, and in practice it is almost always three months later. |
| Symbols | ※ in "Payment months" means that month is not yet confirmed by a disclosure and is a guide of three months after the fiscal month. It is attached per fiscal period, so a REIT with only one period confirmed shows ※ on the other period only. (old) in "Basis" means the actual distribution includes a period more than a year old. |
| Please note | Yields change every day with the unit price. Some REITs have temporarily high distributions from property sales and similar one-off gains, so a high yield at the top of the list will not necessarily continue. Please check the latest figures and each REIT's own disclosures before investing. This page is for information only and is not a solicitation to invest. |