MORI HILLS REIT INVESTMENT CORPORATION (3234)
| Item | Details |
|---|---|
| Securities code | 3234 |
| Name | MORI HILLS REIT INVESTMENT CORPORATION |
| Japanese name | 森ヒルズリート投資法人 |
| Asset manager | Mori Building Investment Management Co., Ltd. |
| Sponsor | Mori Building Co., Ltd. |
| Property type | Diversified (mainly office) |
| Listing date | 30 Nov 2006 |
| Fiscal months (record months) | Jan / Jul |
| Payment months | Apr※ / Oct |
| Official website | https://www.mori-hills-reit.co.jp/ |
What kind of REIT is MORI HILLS REIT INVESTMENT CORPORATION?
MORI HILLS REIT is sponsored by Mori Building. It invests mainly in offices and residences in Tokyo's large mixed-use developments symbolised by the "Hills" brand, in Minato Ward areas such as Roppongi, Akasaka and Toranomon.
Because it mainly holds properties in districts Mori Building developed itself, its portfolio is concentrated in prime central Tokyo locations.
Key features
- Concentrated in prime central Tokyo, mainly Minato Ward
- Mainly properties in large districts developed by Mori Building, such as Roppongi Hills
- Offices are the core, with some residential and retail
Main properties
Roppongi Hills Mori Tower, ARK Mori Building, Atago Green Hills
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥119,500 |
| Annual distribution | ¥6,200 Forecast |
| Distribution yield | 5.19% |
| Yield rank among J-REITs | 44 of 58 |
| Forecast distribution (period ending Jan 2027) | ¥3,100 |
| Forecast distribution (period ending Jul 2027) | ¥3,100 |
| Last period's distribution (actual) Jul 2026 | ¥3,100 |
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 | ¥3,100 |
| 29 Jan 2026 | ¥3,100 |
| 30 Jul 2025 | ¥3,090 |
| 30 Jan 2025 | ¥3,080 |
| 30 Jul 2024 | ¥3,310 |
| 30 Jan 2024 | ¥3,282 |
Other REITs of the same property type (Diversified (mainly office))
- 2972 SANKEI REAL ESTATE Inc.
- 3296 NIPPON REIT Investment Corporation
- 8954 ORIX JREIT Inc.
- 8987 Japan Excellent, Inc.
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.