Daiwa Office Investment Corporation (8976)
| Item | Details |
|---|---|
| Securities code | 8976 |
| Name | Daiwa Office Investment Corporation |
| Japanese name | 大和証券オフィス投資法人 |
| Asset manager | Daiwa Real Estate Asset Management Co. Ltd. |
| Sponsor | Daiwa Securities Group |
| Property type | Office |
| Listing date | 19 Oct 2005 |
| Fiscal months (record months) | May / Nov |
| Payment months | Aug※ / Feb※ |
| Official website | https://www.daiwa-office.co.jp/ |
What kind of REIT is Daiwa Office Investment Corporation?
Daiwa Office Investment Corporation is an office REIT managed by a Daiwa Securities group asset manager. It focuses on Tokyo office buildings, mainly in the five central wards (Chiyoda, Chuo, Minato, Shinjuku and Shibuya).
Being concentrated in the five central wards, where rents are highest, it can expect income growth from rent increases when the office market recovers.
Key features
- Concentrated in offices in Tokyo's five central wards
- The asset manager is sponsored by Daiwa Securities Group
- Sensitive to the office market, but benefits strongly from rising rents
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥292,900 |
| Annual distribution | ¥15,650 Actual |
| Distribution yield | 5.34% |
| Yield rank among J-REITs | 43 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 May 2026 | ¥7,630 |
| 27 Nov 2025 | ¥8,020 |
| 29 May 2025 | ¥6,920 |
| 28 Nov 2024 | ¥6,920 |
| 30 May 2024 | ¥6,850 |
| 29 Nov 2023 | ¥6,850 |
Other REITs of the same property type (Office)
- 8951 Nippon Building Fund Inc.
- 8952 Japan Real Estate Investment Corporation
- 8958 Global One Real Estate Investment Corporation
- 8975 Ichigo Office 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.