Tokaido REIT,Inc. (2989)
| Item | Details |
|---|---|
| Securities code | 2989 |
| Name | Tokaido REIT,Inc. |
| Japanese name | 東海道リート投資法人 |
| Asset manager | Tokaido REIT Management Co., Ltd. |
| Sponsor | Yoshicon Co., Ltd. (main sponsor), Chubu Electric Power Miraiz, Shizuoka Bank and others (nine companies) |
| Property type | Diversified |
| Listing date | 22 Jun 2021 |
| Fiscal months (record months) | Jan / Jul |
| Payment months | Apr※ / Oct |
| Official website | https://www.tokaido-reit.co.jp/ |
What kind of REIT is Tokaido REIT,Inc.?
Tokaido REIT is a diversified REIT supported by nine local companies, led by the Shizuoka real estate company Yoshicon and including Chubu Electric Power Miraiz and Shizuoka Bank. It listed in June 2021.
It invests only in the Tokaido region linking Japan's eastern and western centres, in stable assets that support local life and industry: logistics and factories, retail, and rental housing.
Key features
- Focused on the Tokaido corridor of Tokyo, Shizuoka, Nagoya and Osaka
- Nine influential local companies support it with properties and information
- One of the smaller J-REITs by asset size
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥86,700 |
| Annual distribution | ¥5,912 Forecast |
| Distribution yield | 6.82% |
| Yield rank among J-REITs | 8 of 58 |
| Forecast distribution (period ending Jan 2027) | ¥3,027 |
| Forecast distribution (period ending Jul 2027) | ¥2,885 |
| Last period's distribution (actual) Jul 2026 | ¥3,230 |
The unit price is the closing price of 9 Oct 2026. Updated every day at 17:00 Japan time (after the Tokyo close). "Forecast" annual distribution is the sum of the forecasts for the next two periods in the earnings report; "Actual" is the sum of distributions actually paid over the last year.
Distribution history
Distribution per unit by ex-date (before tax, including distributions in excess of earnings).
| Ex-date | Distribution per unit |
|---|---|
| 30 Jul 2026 | ¥3,230 |
| 29 Jan 2026 | ¥3,326 |
| 30 Jul 2025 | ¥3,380 |
| 30 Jan 2025 | ¥3,335 |
| 30 Jul 2024 | ¥3,284 |
| 30 Jan 2024 | ¥3,351 |
Other REITs of the same property type (Diversified)
- 2971 ESCON JAPAN REIT Investment Corporation
- 3295 Hulic Reit,Inc．
- 3309 Sekisui House Reit,Inc.
- 3451 Tosei Reit Investment Corporation
- 3462 Nomura Real Estate Master Fund,Inc.
- 3468 Star Asia Investment Corporation
- 3470 Marimo Regional Revitalization REIT,Inc.
- 3476 MIRAI Corporation
- 3488 CENTRAL REIT Investment Corporation
- 3492 MIRARTH Real Estate Investment Corporation
- 8960 United Urban Investment Corporation
- 8963 Invincible Investment Corporation
- 8972 KDX Realty Investment Corporation
- 8984 Daiwa House REIT Investment Corporation
List of all J-REITs ／ See the J-REIT Distribution Yield Ranking
Please note
The profile is based on each REIT's published materials; portfolios and policies can change through acquisitions, sales and mergers. Figures are collected automatically and may contain errors or delays. Please check each REIT's latest disclosures before investing. This page is for information only and is not a solicitation to invest.