Starts Proceed Investment Corporation (8979)
| Item | Details |
|---|---|
| Securities code | 8979 |
| Name | Starts Proceed Investment Corporation |
| Japanese name | スターツプロシード投資法人 |
| Asset manager | Starts Asset Management Co., Ltd. |
| Sponsor | Starts Corporation Inc. |
| Property type | Residential |
| Listing date | 27 Jul 2010 |
| Fiscal months (record months) | Apr / Oct |
| Payment months | Jul※ / Jan※ |
| Official website | https://www.sp-inv.co.jp/ |
What kind of REIT is Starts Proceed Investment Corporation?
Starts Proceed Investment Corporation is a residential REIT sponsored by Starts, a major rental housing brokerage and management company. It invests in mid-sized rental apartments across Japan, mainly in Greater Tokyo.
The Starts group manages the properties and finds tenants, aiming to keep occupancy high with its local management know-how.
Key features
- Specialised in mid-sized rental apartments, mainly in Greater Tokyo
- Starts group's rental management capability maintains occupancy
- Many properties in a relatively affordable rent range
Main properties
Proceed series (rental apartments)
Unit price and distributions
| Item | Details |
|---|---|
| Unit price | ¥174,700 |
| Annual distribution | ¥10,011 Actual |
| Distribution yield | 5.73% |
| Yield rank among J-REITs | 31 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 Apr 2026 | ¥5,186 |
| 30 Oct 2025 | ¥4,825 |
| 28 Apr 2025 | ¥5,470 |
| 30 Oct 2024 | ¥5,250 |
| 26 Apr 2024 | ¥5,321 |
| 30 Oct 2023 | ¥4,664 |
Other REITs of the same property type (Residential)
- 3226 Mitsui Fudosan Accommodations Fund Inc.
- 3269 Advance Residence Investment Corporation
- 3282 Comforia Residential REIT,Inc
- 3459 Samty Residential 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.