Tosei Reit Investment Corporation (3451)
| Item | Details |
|---|---|
| Securities code | 3451 |
| Name | Tosei Reit Investment Corporation |
| Japanese name | トーセイ・リート投資法人 |
| Asset manager | Tosei Asset Advisors, Inc. |
| Sponsor | Tosei Corporation |
| Property type | Diversified |
| Listing date | 27 Nov 2014 |
| Fiscal months (record months) | Apr / Oct |
| Payment months | Jul※ / Jan※ |
| Official website | https://tosei-reit.co.jp/ |
What kind of REIT is Tosei Reit Investment Corporation?
Tosei Reit is a diversified REIT sponsored by Tosei, which specialises in property revitalisation. It invests in small and mid-sized offices, retail and rental housing in the Tokyo economic area (Tokyo, Kanagawa, Saitama and Chiba).
It treats the large stock of small and mid-sized existing buildings as its "volume zone" and aims to buy them at relatively high yields.
Key features
- Concentrated in small and mid-sized properties in the Tokyo economic area
- Diversified across offices, retail and housing
- Uses the sponsor's revitalisation know-how to raise the value of existing buildings
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥121,200 |
| Annual distribution | ¥7,801 Actual |
| Distribution yield | 6.44% |
| Yield rank among J-REITs | 13 of 58 |
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 |
|---|---|
| 28 Apr 2026 | ¥3,926 |
| 30 Oct 2025 | ¥3,875 |
| 28 Apr 2025 | ¥3,812 |
| 30 Oct 2024 | ¥3,761 |
| 26 Apr 2024 | ¥3,682 |
| 30 Oct 2023 | ¥3,706 |
Other REITs of the same property type (Diversified)
- 2971 ESCON JAPAN REIT Investment Corporation
- 2989 Tokaido REIT,Inc.
- 3295 Hulic Reit,Inc．
- 3309 Sekisui House Reit,Inc.
- 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.