Ichigo Hotel REIT Investment Corporation (3463)
| Item | Details |
|---|---|
| Securities code | 3463 |
| Name | Ichigo Hotel REIT Investment Corporation |
| Japanese name | いちごホテルリート投資法人 |
| Asset manager | Ichigo Investment Advisors Co., Ltd. |
| Sponsor | Ichigo Inc. |
| Property type | Hotels |
| Listing date | 30 Nov 2015 |
| Fiscal months (record months) | Jan / Jul |
| Payment months | Apr※ / Oct |
| Official website | https://www.ichigo-hotel.co.jp/ |
What kind of REIT is Ichigo Hotel REIT Investment Corporation?
Ichigo Hotel REIT is a hotel REIT sponsored by Ichigo. It invests mainly in limited-service business and tourist hotels in major cities across Japan.
It applies the Ichigo group's "Shinchiku" approach of improving existing properties to raise their value, aiming to increase hotel earnings.
Key features
- Mainly mid-sized limited-service hotels
- Much of the rent is variable and linked to hotel revenue
- Distributions rise easily in a travel recovery but are also vulnerable to downturns
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥100,200 |
| Annual distribution | ¥6,192 Forecast |
| Distribution yield | 6.18% |
| Yield rank among J-REITs | 19 of 58 |
| Forecast distribution (period ending Jan 2027) | ¥3,091 |
| Forecast distribution (period ending Jul 2027) | ¥3,101 |
| Last period's distribution (actual) Jul 2026 | ¥3,761 |
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 | ¥3,761 |
| 29 Jan 2026 | ¥4,136 |
| 30 Jul 2025 | ¥4,207 |
| 30 Jan 2025 | ¥10,125 |
| 30 Jul 2024 | ¥3,040 |
| 30 Jan 2024 | ¥2,976 |
Other REITs of the same property type (Hotels)
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.