Mitsubishi Estate Logistics REIT Investment Corporation (3481)
| Item | Details |
|---|---|
| Securities code | 3481 |
| Name | Mitsubishi Estate Logistics REIT Investment Corporation |
| Japanese name | 三菱地所物流リート投資法人 |
| Asset manager | Mitsubishi Jisho Investment Advisors, Inc. |
| Sponsor | Mitsubishi Estate Co., Ltd. |
| Property type | Logistics |
| Listing date | 14 Sep 2017 |
| Fiscal months (record months) | Feb / Aug |
| Payment months | May※ / Nov※ |
| Official website | https://mel-reit.co.jp/ |
What kind of REIT is Mitsubishi Estate Logistics REIT Investment Corporation?
Mitsubishi Estate Logistics REIT is a logistics REIT sponsored by Mitsubishi Estate. It invests in logistics facilities such as the LOGICROSS series developed by Mitsubishi Estate.
It describes its approach as "hybrid", combining the strength of the Mitsubishi Estate group with the asset manager's own logistics real estate expertise.
Key features
- Mainly new logistics facilities developed by Mitsubishi Estate
- Acquires both sponsor-developed and third-party properties
- Spread across key logistics hubs in Greater Tokyo, Kansai and Chubu
Main properties
LOGICROSS series (logistics facilities)
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥108,400 |
| Annual distribution | ¥5,947 Actual |
| Distribution yield | 5.49% |
| Yield rank among J-REITs | 36 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 Aug 2026 | ¥3,112 |
| 26 Feb 2026 | ¥2,835 |
| 28 Aug 2025 | ¥2,829 |
| 27 Feb 2025 | ¥3,173.7 |
| 29 Aug 2024 | ¥3,200.7 |
| 28 Feb 2024 | ¥2,694.3 |
Other REITs of the same property type (Logistics)
- 2979 SOSiLA Logistics REIT,Inc.
- 3249 Industrial & Infrastructure Fund Investment Corporation
- 3281 GLP J-REIT
- 3283 Nippon Prologis REIT,Inc.
- 3466 LaSalle LOGIPORT REIT
- 3471 Mitsui Fudosan Logistics Park Inc.
- 3487 CRE Logistics REIT,Inc.
- 8967 Japan Logistics Fund, 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.