CENTRAL REIT Investment Corporation (3488)
| Item | Details |
|---|---|
| Securities code | 3488 |
| Name | CENTRAL REIT Investment Corporation |
| Japanese name | セントラル・リート投資法人 |
| Asset manager | Meitetsu Xymax Asset Management Co., Ltd. |
| Sponsor | Meitetsu Urban Development and the XYMAX group |
| Property type | Diversified |
| Listing date | 15 Feb 2018 |
| Fiscal months (record months) | Feb / Aug |
| Payment months | May※ / Nov※ |
| Official website | https://centralreit.co.jp/ |
What kind of REIT is CENTRAL REIT Investment Corporation?
CENTRAL REIT is a diversified REIT sponsored by Meitetsu Urban Development and the XYMAX group. It was formerly XYMAX REIT; Meitetsu Urban Development joined as co-sponsor in October 2025, and the REIT took its current name in November 2025.
It invests in offices, hotels and retail, combining the Nagoya Railroad group's property supply with XYMAX's building operation and management know-how.
Key features
- Two-sponsor structure since Meitetsu Urban Development joined in 2025
- Diversified across offices, hotels and retail
- Aims to grow with properties from the Nagoya Railroad group
Main properties
XYMAX Shinjuku Gyoen Building, XYMAX Sapporo Odori Building, Hotel Vista Sendai
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥105,600 |
| Annual distribution | ¥6,581 Actual |
| Distribution yield | 6.23% |
| Yield rank among J-REITs | 18 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 | ¥3,343 |
| 26 Feb 2026 | ¥3,238 |
| 28 Aug 2025 | ¥3,226 |
| 27 Feb 2025 | ¥3,728 |
| 29 Aug 2024 | ¥3,328 |
| 28 Feb 2024 | ¥3,300 |
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.
- 3451 Tosei Reit Investment Corporation
- 3462 Nomura Real Estate Master Fund,Inc.
- 3468 Star Asia Investment Corporation
- 3470 Marimo Regional Revitalization REIT,Inc.
- 3476 MIRAI 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.