Sekisui House Reit

What Sekisui House Reit does

Sekisui House Reit, Inc. (積水ハウス・リート投資法人) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange under securities code 3309. It was formed on May 1, 2018 via the absorption-type merger of Sekisui House Reit and Sekisui House Residential Investment Corporation, consolidating the residential-focused J-REIT activities of the Sekisui House Group. The investment corporation invests in and manages a portfolio of residential and office properties across Japan and the United States, targeting a 70-100% allocation to residential and 0-30% to office buildings, with at least 70% of domestic residential in the Tokyo metropolitan area and at least 80% of office in Japan's three major metropolitan areas. The US residential portion is capped at 30% of the residential allocation and comprises urban rental housing developed by sponsor Sekisui House.

The REIT's product surface is its listed investment units (投資口), which trade on the TSE and can be purchased from a single unit via securities firms. Underlying portfolio assets include branded 'Prime Maison' residences (e.g., Prime Maison Platinum Tower, Yokohama Nihon Odori, Gotenyama West, Ekoda no Mori), other domestic residential, office buildings, and US urban rental properties (The Ivey on Boren, City Ridge). As of May 31, 2026, the portfolio comprised 139 properties with a total acquisition price of 565.3 billion yen and a blended occupancy rate of 95.9% (domestic residential 95.6%, US residential 95.6%, office 100.0%). Asset management is delegated to Sekisui House Asset Management Co., Ltd., a wholly-owned subsidiary of the sponsor Sekisui House Co., Ltd.

The REIT generates revenue principally from rental income on its real estate portfolio, which is distributed to unitholders twice yearly. The 23rd fiscal period (ending April 2026) confirmed distribution was 3,407 yen per unit (payable from July 21, 2026), with forecasts of 1,908 yen for the 24th period (October 2026) and 1,880 yen for the 25th period (April 2027). The customer base is unitholders — primarily individual retail investors supported by IR education programs and seminars, with a secondary segment of institutional investors — reached via the Tokyo Stock Exchange marketplace and securities firm distribution channels. The REIT maintains ESG alignment through GRESB, TCFD, SBT, FTSE4Good, PRI, and green building certifications covering 91.3% of portfolio floor area.

Name

Sekisui House Reit

Legal name

Sekisui House Reit, Inc. (積水ハウス・リート投資法人)

Website

https://sekisuihouse-reit.co.jp

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Sekisui House Reit is a Tokyo-listed J-REIT (ticker 3309) that invests in a 139-property portfolio of Japanese residential and office assets plus US urban rental housing, sponsored by Sekisui House Group and serving individual and institutional unitholders via bi-annual distributions.

Ownership category

akta.pro rank

Product category

Real Estate Investment Trust

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Investment Trusts (6798)

akta.pro primary industry

REITs & Listed Real Estate Securities (FSAAAKAD)

Keywords

• Real estate investment trust
• Residential rental properties
• Office building portfolio
• Investment unit distributions
• Commercial real estate

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Rental Income: Primary revenue is generated from rental income from the REIT's portfolio of residential and office properties in Japan and the United States. Properties are acquired, owned, and managed to generate stable rental cash flows.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Sekisui House Reit is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange (Securities Code: 3309) that invests in and manages a diversified portfolio of residential (70-100% allocation) and office (0-30% allocation) properties in Japan and the United States. The REIT issues investment units that trade on the exchange and pays semi-annual distributions to unitholders, with the confirmed 23rd period distribution (April 2026) set at 3,407 yen per unit.

Product overview

Sekisui House Reit is a J-REIT (Japan Real Estate Investment Trust) that operates as a single unified investment vehicle. The REIT focuses on residential properties (70-100% allocation) and office buildings (0-30% allocation) as core portfolio assets. The residential portfolio includes domestic properties under the 'Prime Maison' branded series (Prime Maison Platinum Tower, Prime Maison Yokohama Nihon Odori, Prime Maison Gotenyama West, Prime Maison Ekoda no Mori) as well as US urban rental housing (The Ivey on Boren, City Ridge) developed by sponsor Sekisui House. Office buildings maintain 100% occupancy. The REIT issues listed investment units (stock code: 3309) and pays regular distributions to unitholders. The asset management is handled by Sekisui House Asset Management Co., Ltd.

Differentiator

Problem solved

Functional benefit

Brands

• Prime Maison (プライムメゾン): Prime Maison brand for residential properties developed by Sekisui House Group

Products and services

• J-REIT Investment Units (投資口)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Sekisui House Asset Management Co., Ltd. (積水ハウス・アセットマネジメント株式会社)coreImplementation/ SI/ Consulting PartnerThe asset management company that manages the REIT's portfolio. Responsible for investment decisions, property management oversight, financing strategy, and investor relations. Located at 4-15-1 Akasaka, Minato-ku, Tokyo.
• Mizuho Trust Bank Co., Ltd. (みずほ信託銀行株式会社)coreOthersUnitholder registry administrator and distribution paying agent. Handles unitholder registry management, address/name change procedures, and distribution payments. Located at 2-8-4 Izumi, Suginami-ku, Tokyo.
• Tokyo Stock ExchangecoreOthersListed exchange where the REIT's investment units are traded. The REIT complies with Tokyo Stock Exchange disclosure requirements including TDnet (Timely Disclosure network) for material information.
• Investment Association of Japan ( 一般社団法人資産運用業協会)minorOthersIndustry association for asset management companies. The REIT follows association rules for disclosure and governance.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Daiwa House REIT Investment Corporation: J-REIT sponsored by Daiwa House Industry, focused on logistics, residential, and retail properties. Highly comparable as a residential-focused J-REIT with a strong homebuilder sponsor pipeline, similar to Sekisui House Reit's sponsor-backed model.
• Japan Real Estate Investment Corporation: Major office-focused J-REIT with a portfolio concentrated in Tokyo. Comparable in its TSE listing, office property focus, and institutional investor appeal, though more heavily weighted toward office than Sekisui House Reit.
• Nippon Building Fund: One of the largest office-focused J-REITs listed on the TSE. Comparable due to its office property exposure overlapping with Sekisui House Reit's office allocation (0-30%) and similar institutional investor base.
• Kenedix Residential Next Investment Corporation: Residential-focused J-REIT investing in mid-sized residential properties. Comparable in residential concentration, though typically smaller in scale than Sekisui House Reit.
• Advance Residence Investment Corporation: Residential-focused J-REIT. Highly comparable in asset class focus (residential rental housing), distribution structure, and exposure to Japanese urban rental markets.
• Comforia Residential REIT: Residential-focused J-REIT sponsored by Tokyu Fudosan. Direct comparable as a J-REIT primarily investing in residential rental properties in Japan with similar geographic and tenant profiles.
• Tokyu Real Estate Investment Corporation: Diversified J-REIT with residential and office exposure, sponsored by Tokyu Fudosan. Comparable in asset class mix and Japanese urban property focus.
• Frontier Real Estate Investment Corporation: J-REIT investing in residential and retail properties primarily in regional Japanese cities. Comparable as a residential-focused J-REIT, though with a more regional versus metropolitan focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sekisui House Reit