Invincible Investment Corporation (8963)
| Item | Details |
|---|---|
| Securities code | 8963 |
| Name | Invincible Investment Corporation |
| Japanese name | インヴィンシブル投資法人 |
| Asset manager | Consonant Investment Management Co., Ltd. |
| Sponsor | Fortress Investment Group |
| Property type | Diversified |
| Listing date | 1 Aug 2006 |
| Fiscal months (record months) | Jun / Dec |
| Payment months | Sep / Mar※ |
| Official website | https://www.invincible-inv.co.jp/ |
What kind of REIT is Invincible Investment Corporation?
Invincible Investment Corporation is a diversified REIT sponsored by the US investment firm Fortress Investment Group. Its core assets are hotels and rental housing, with a particularly high share of hotels.
Most of its hotels are operated by MyStays Hotel Management, a Fortress-affiliated operator, and much of the rent is linked to hotel revenue. It also owns hotels overseas in the Cayman Islands.
Key features
- Hotels and housing are the core, with a high hotel share
- Hotel rent is revenue-linked, so distributions swing with tourism demand
- One of the largest hotel-oriented J-REITs
Main properties
MyStays-operated hotels, Rental housing
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥57,400 |
| Annual distribution | ¥4,135 Forecast |
| Distribution yield | 7.20% |
| Yield rank among J-REITs | 2 of 58 |
| Forecast distribution (period ending Dec 2026) | ¥2,186 |
| Forecast distribution (period ending Jun 2027) | ¥1,949 |
| Last period's distribution (actual) Jun 2026 | ¥1,930 |
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 |
|---|---|
| 29 Jun 2026 | ¥1,930 |
| 29 Dec 2025 | ¥2,186 |
| 27 Jun 2025 | ¥1,895 |
| 27 Dec 2024 | ¥1,982 |
| 27 Jun 2024 | ¥1,917 |
| 28 Dec 2023 | ¥1,640 |
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
- 3492 MIRARTH Real Estate Investment Corporation
- 8960 United Urban 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.