MIRARTH Real Estate Investment Corporation (3492)
| Item | Details |
|---|---|
| Securities code | 3492 |
| Name | MIRARTH Real Estate Investment Corporation |
| Japanese name | ＭＩＲＡＲＴＨ不動産投資法人 |
| Asset manager | MIRARTH Real Estate Advisory Inc. |
| Sponsor | MIRARTH HOLDINGS (main), Kyoritsu Maintenance, YAMADA HOLDINGS |
| Property type | Diversified |
| Listing date | 27 Jul 2018 |
| Fiscal months (record months) | Feb / Aug |
| Payment months | May※ / Nov※ |
| Official website | https://mirarth-reit.com/ |
What kind of REIT is MIRARTH Real Estate Investment Corporation?
MIRARTH Real Estate Investment Corporation is a diversified, multi-sponsor REIT led by MIRARTH HOLDINGS (formerly Takara Leben) and joined by Kyoritsu Maintenance and YAMADA HOLDINGS. It changed its name from Takara Leben Real Estate Investment Corporation in December 2025.
It invests nationwide, mainly in offices, plus rental housing, hotels and retail, drawing on the strengths of hotel operator Kyoritsu Maintenance and electronics retailer YAMADA.
Key features
- Multi-sponsor structure of three companies with different strengths
- Spread nationwide across offices, housing, hotels and retail
- Many properties outside Tokyo, so yields tend to be higher
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥76,800 |
| Annual distribution | ¥5,500 Actual |
| Distribution yield | 7.16% |
| Yield rank among J-REITs | 3 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 | ¥2,700 |
| 26 Feb 2026 | ¥2,800 |
| 28 Aug 2025 | ¥2,780 |
| 27 Feb 2025 | ¥2,800 |
| 29 Aug 2024 | ¥2,700 |
| 28 Feb 2024 | ¥2,672 |
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
- 3488 CENTRAL REIT 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.