Japanese Real Estate Upcoming Dividends

Nippon Prologis REIT

Market Cap: JP¥648.1b

NPR was established on Nov. 7, 2012 based on the Act on Investment Trust and Investment Corporation (investment trust law) and was listed on the REIT Securities Market (J-REIT Market) of the Tokyo Stock Exchange (“TSE”) on Feb.

Japan Metropolitan Fund Investment

Market Cap: JP¥660.3b

Japan Metropolitan Fund Investment Corporation (JMF) has been listed on the Real Estate Investment Trust (“REIT”) Section on the Tokyo Stock Exchange (Securities code: 8953) as Japan Retail Fund in March 2002.

Mori Hills REIT Investment

Market Cap: JP¥251.0b

The Company was incorporated by Mori Building Investment Management Co., Ltd.

Global One Real Estate Investment

Market Cap: JP¥113.8b

Global One Real Estate Investment Corporation (“GOR”) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange (TSE: 8958) with the ultimate goal of pursuing maximum returns for unitholders.

Tokyu REIT

Market Cap: JP¥159.9b

TOKYU REIT, Inc. was incorporated to invest in real estate on June 20, 2003 under the Law Concerning Investment Trusts and Investment Corporations of Japan (Law No.

ORIX JREIT

Market Cap: JP¥473.3b

OJR was established on September 10, 2001, and was listed and commenced trading on the Tokyo Stock Exchange on June 12, 2002 as the fourth Real Estate Investment Trust in Japan, or "JREIT," to be listed.

Hulic Reit

Market Cap: JP¥201.6b

Hulic Reit was successfully listed on the REIT section of the Tokyo Stock Exchange on February 7, 2014, and has gradually expanded its asset size.

Nippon Accommodations Fund

Market Cap: JP¥288.2b

NAF is a J-REIT that invests in "Accommodation Assets," which it defines as real estate that is mainly used/may be used for residence or hotels.

Japan Prime Realty Investment

Market Cap: JP¥339.0b

Japan Prime Realty Investment Corporation (JPR) was established on September 14, 2001, under the Act on Investment Trusts and Investment Corporations (Act No.

Daiwa Securities Living Investment

Market Cap: JP¥214.2b

Daiwa Securities Living Investment Corporation (hereinafter referred to as “the Investment Corporation”) is listed on the Tokyo Stock Exchange in June 2006 (stock code: 8986) and is located in the metropolitan area and major cities throughout Japan (Sapporo City, Sendai City) It is a rental apartment specialized REIT (REIT) that invests in rental apartments in Nagoya City, Osaka City, Fukuoka City, etc.

Heiwa Real Estate REIT

Market Cap: JP¥148.9b

HEIWA REAL ESTATE REIT, Inc. ("the Investment Corporation") raises funds from investors, investing said funds primarily in real estate, working toward growth for managed assets and stable medium- to long-term profits.

Daiwa Office Investment

Market Cap: JP¥266.1b

Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No.

Industrial & Infrastructure Fund Investment

Market Cap: JP¥291.9b

Industrial & Infrastructure Fund Investment Corporation (“IIF”) is the first J-REIT focused on acquiring and operating both industrial and infrastructure properties in Japan-properties that play a vital role in the Japanese economy, and for which IIF expects to see stable demand in the mid to long term.

Japan Excellent

Market Cap: JP¥165.5b

Japan Excellent, Inc. (hereinafter, "JEI"), established on February 20, 2006 under the Law Concerning Investment Trusts and Investment Corporations of Japan (the "Investment Trust Law"), is a real estate investment corporation which primarily invests in office buildings.

Tosei Reit Investment

Market Cap: JP¥48.1b

Tosei Reit Investment Corp. is a real estate investment trust externally managed by Tosei Asset Advisors, Inc.

Daiwa House REIT Investment

Market Cap: JP¥531.8b

Our investment strategy is to target a diversified portfolio, focusing on logistics, residential, retail and hotel properties as our core asset classes, as well as other asset classes such as office buildings and healthcare properties.

Nippon Building Fund

Market Cap: JP¥1.1t

NBF (Nippon Building Fund Inc.) is Japan's largest real estate investment trust (J-REIT) which invests in office buildings primarily in Tokyo as well as nationwide.

AEON REIT Investment

Market Cap: JP¥256.9b

AEON REIT Investment Corporation (hereinafter, “AEON REIT”) invests primarily in retail and related properties which, as an integral part of the communities in which they are located, form the backbone of communities and their retail business infrastructure.

Activia Properties

Market Cap: JP¥261.8b

Invests primarily in Urban Retail and Tokyo Office Properties.

Japan Logistics Fund

Market Cap: JP¥241.5b

JLF is the first J- REIT dedicated to “logistics properties” with real estate and other assets used for logistic facilities primarily in the Tokyo Metropolitan, Osaka, Nagoya and Fukuoka areas as investment targets.

NIPPON REIT Investment

Market Cap: JP¥141.3b

Focuses on income growth and stability by making full use of the characteristics as a diversified REIT, and endeavors to maximize unitholder value through conducting dynamic and timely investments and acting in the best interests of unitholders.

Japan Real Estate Investment

Market Cap: JP¥742.0b

Japan Real Estate Investment Corporation (the "Company") was established on May 11, 2001 pursuant to Japan's Act on Investment Trusts and Investment Corporations ("ITA").

Frontier Real Estate Investment

Market Cap: JP¥210.4b

Frontier Real Estate Investment Corporation (“FRI”) is a REIT specializing in retail facilities and was listed on the Real Estate Investment Trust Market (the J-REIT market) of the Tokyo Stock Exchange in August 2004.

Hoshino Resorts REIT

Market Cap: JP¥115.5b

Hoshino Resorts REIT, Inc. (HRR) was publicly listed in 2013 as one of the smallest listed real estate investment trusts (REIT) in the world.

NTT UD REIT Investment

Market Cap: JP¥195.5b

NTT UD REIT Investment Corporation (NUD) is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

Fukuoka REIT

Market Cap: JP¥124.4b

Fukuoka REIT Corporation (securities code: 8968) is the first region-specific REIT in Japan.

One REIT

Market Cap: JP¥63.3b

Operates as a real estate investment trust.

Healthcare & Medical Investment

Market Cap: JP¥38.0b

Healthcare & Medical Investment Corporation was listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchange (J-REIT).

Comforia Residential REIT

Market Cap: JP¥212.2b

Comforia Residential REIT, Inc (the “Investment Corporation”) was established on June 8, 2010 as an investment corporation that invests mainly in residential properties in accordance with the “Act on Investment Trusts and Investment Corporations” of Japan (Act No.

Japan Hotel REIT Investment

Market Cap: JP¥356.8b

Japan Hotel REIT Investment Corporation(JHR) is the J-REIT that specifies in the hotels.

Mitsubishi Estate Logistics REIT Investment

Market Cap: JP¥171.0b

Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) was established on July 14, 2016 under the “Act on Investment Trust and Investment Corporation” (“Investment Trust Law”), and was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017 (securities code: 3481).

Star Asia Investment

Market Cap: JP¥141.3b

Star Asia Investment Corporation was listed on the Tokyo Stock Exchange Real Estate Investment Trust Market on April 20, 2016.

LaSalle LOGIPORT REIT

Market Cap: JP¥245.0b

LLR is a logistics focused J-REIT sponsored by the LaSalle Investment Management group.

Invincible Investment

Market Cap: JP¥472.6b

INV was established in January 2002 in accordance with the Investment Trust and Investment Corporation Act (Act No.

XYMAX REIT Investment

Market Cap: JP¥27.2b

XYMAX REIT Investment Corporation (hereinafter, “XYMAX REIT”) was listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market on February 15, 2018.

Marimo Regional Revitalization REIT

Market Cap: JP¥29.4b

Marimo Regional Revitalization REIT, Inc.