Nippon Hotel & Residential Investment Corporation (3472)
| Item | Details |
|---|---|
| Securities code | 3472 |
| Name | Nippon Hotel & Residential Investment Corporation |
| Japanese name | 日本ホテル＆レジデンシャル投資法人 |
| Asset manager | APA Investment Advisors Co., Ltd. |
| Sponsor | APA Group (APA Holdings) |
| Property type | Diversified (mainly hotels + residential) |
| Listing date | 31 Aug 2016 |
| Fiscal months (record months) | May / Nov |
| Payment months | Aug / Feb※ |
| Official website | https://nhr-reit.com/ |
What kind of REIT is Nippon Hotel & Residential Investment Corporation?
Nippon Hotel & Residential Investment Corporation is sponsored by the APA group. It was originally Ooedo Onsen Reit, which owned Ooedo Onsen Monogatari hot-spring ryokan; in December 2023 the asset manager's shareholder changed to the APA group, and in February 2024 it took its current name.
As the name says, it focuses on hotels and rental housing and is acquiring APA Hotels and rental apartments.
Key features
- Converted to a hotel and residential REIT after APA became sponsor
- Hotel acquisitions from the APA group are its main growth driver
- Rotation away from the former hot-spring-focused portfolio is under way
Main properties
APA Hotels, Rental apartments
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥65,200 |
| Annual distribution | ¥3,989 Forecast |
| Distribution yield | 6.12% |
| Yield rank among J-REITs | 21 of 58 |
| Forecast distribution (period ending Nov 2026) | ¥1,989 |
| Forecast distribution (period ending May 2027) | ¥2,000 |
| Last period's distribution (actual) May 2026 | ¥2,068 |
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 |
|---|---|
| 27 Nov 2025 | ¥2,478 |
| 29 May 2025 | ¥2,013 |
| 30 May 2024 | ¥1,562 |
| 29 Nov 2023 | ¥1,464 |
| 30 May 2022 | ¥1,521 |
| 29 Nov 2021 | ¥1,686 |
Other REITs of the same property type (Diversified (mainly hotels + residential))
There are no other REITs of this property type.
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.