Japan Private REIT Assets
Month-end balance sheet of privately placed Japanese real estate investment trusts, in millions of yen: increases and repayments of capital, total net assets, total assets, interest-bearing liabilities, the book value of the properties held, the number of units issued and the number of funds.
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | 07-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Increase of capital | 8,796 | 24,456 | 94,335 | 22,511 | 67,768 | 10,203 | 20,673 | 70,739 | 66,219 | 17,815 | 13,267 | 2,189 | 86,986 | 39,559 | 85,227 | 21,657 | 23,426 | 102,698 | 68,577 | 5,583 | 11,666 | 2,638 | 5,931 | 57,881 | 67,394 | 79,271 | 45,395 | 11,985 | 150 | 73,710 | 95,207 | 27,227 | ||||||
| Distribution from capital | 923 | 2,399 | 449 | 131 | 252 | 7,583 | 142 | 300 | ||||||||||||||||||||||||||||||
| Change of capital | 7,873 | 22,057 | 94,335 | 22,062 | 67,768 | 10,072 | 20,673 | 70,739 | 66,219 | 17,815 | 13,267 | 2,189 | 86,986 | 39,559 | 85,227 | 21,405 | 23,426 | -7,583 | 102,698 | 68,577 | 5,583 | 11,666 | 2,638 | 5,931 | 57,881 | 67,252 | 79,271 | 45,395 | 11,985 | 150 | 73,710 | 94,907 | 27,227 | |||||
| Other changes | 7,563 | 18,012 | 4,257 | -23,793 | 5,698 | -4,438 | 8,229 | 11,915 | 2,390 | -16,539 | -1,276 | -5,415 | 12,516 | 14,205 | 989 | -18,437 | 6,177 | -8,524 | 11,062 | 12,693 | 2,768 | -15,863 | 3,164 | -6,816 | 9,665 | 15,201 | 3,411 | -19,728 | 4,776 | -7,169 | 8,481 | 10,898 | 2,568 | -15,770 | 164 | -5,103 | 10,086 | |
| Change of assets | 15,436 | 40,069 | 4,257 | -23,793 | 100,033 | 17,624 | 75,997 | 21,987 | 23,063 | -16,539 | 69,463 | 60,804 | 30,331 | 27,472 | 3,178 | -18,437 | 93,163 | 31,035 | 96,289 | 34,098 | 26,194 | -23,446 | 105,862 | 61,761 | 15,248 | 26,867 | 6,049 | -13,797 | 62,657 | 60,083 | 87,752 | 56,293 | 14,553 | -15,620 | 73,874 | 89,804 | 37,313 | |
| Total net assets | 4,638,516 | 4,623,080 | 4,583,011 | 4,578,754 | 4,602,547 | 4,502,514 | 4,484,890 | 4,408,893 | 4,386,906 | 4,363,843 | 4,380,382 | 4,310,919 | 4,250,388 | 4,220,057 | 4,192,585 | 4,189,407 | 4,207,844 | 4,114,681 | 4,083,646 | 3,987,357 | 3,953,259 | 3,927,065 | 3,950,511 | 3,844,649 | 3,782,888 | 3,767,640 | 3,740,773 | 3,734,724 | 3,748,521 | 3,685,864 | 3,625,781 | 3,538,029 | 3,481,736 | 3,467,183 | 3,482,803 | 3,408,929 | 3,319,125 | |
| Total assets | 8,629,008 | 8,582,652 | 8,519,783 | 8,545,880 | 8,531,360 | 8,313,281 | 8,243,468 | 8,139,022 | 8,276,121 | 8,023,716 | 7,904,745 | 7,933,708 | 7,824,100 | 7,751,772 | 7,714,304 | 7,722,896 | 7,713,934 | 7,492,407 | 7,417,314 | 7,274,854 | 7,154,480 | 7,176,528 | 7,185,365 | 7,071,956 | 6,952,475 | 6,928,805 | 6,893,586 | 6,908,105 | 6,895,792 | 6,719,679 | 6,572,304 | 6,420,149 | 6,360,369 | 6,340,654 | 6,321,360 | 6,203,918 | 6,046,547 | |
| Capital contribution | 4,509,652 | 4,501,580 | 4,479,521 | 4,479,521 | 4,479,951 | 4,407,376 | 4,385,762 | 4,318,018 | 4,307,944 | 4,287,217 | 4,287,601 | 4,216,856 | 4,151,042 | 4,133,066 | 4,119,799 | 4,117,611 | 4,117,727 | 4,030,165 | 3,991,305 | 3,906,068 | 3,884,662 | 3,861,252 | 3,868,942 | 3,766,237 | 3,697,658 | 3,692,074 | 3,680,581 | 3,677,943 | 3,672,306 | 3,614,422 | 3,547,166 | 3,467,893 | 3,422,495 | 3,413,270 | 3,413,387 | 3,339,674 | 3,244,765 | |
| Total interest-bearing liabilities | 3,940,938 | 3,941,150 | 3,920,265 | 3,928,651 | 3,894,476 | 3,790,290 | 3,740,229 | 3,716,012 | 3,646,242 | 3,637,224 | 3,581,153 | 3,607,814 | 3,556,587 | 3,518,222 | 3,509,693 | 3,511,558 | 3,486,787 | 3,364,068 | 3,414,813 | 3,280,781 | 3,283,530 | 3,228,717 | 3,209,682 | 3,209,878 | 3,151,599 | 3,146,313 | 3,137,552 | 3,149,925 | 3,159,707 | 2,997,492 | 2,931,684 | 2,870,766 | 2,854,924 | 2,858,489 | 2,836,136 | 2,777,085 | 2,709,000 | |
| Total book value of properties | 8,848,922 | 8,818,327 | 8,751,166 | 8,743,911 | 8,693,384 | 8,490,930 | 8,372,208 | 8,302,771 | 8,180,866 | 8,163,182 | 8,099,911 | 8,021,756 | 7,913,450 | 7,856,705 | 7,826,558 | 7,813,068 | 7,785,205 | 7,503,991 | 7,429,087 | 7,381,170 | 7,338,319 | 7,265,949 | 7,266,699 | 7,128,610 | 7,010,130 | 6,997,905 | 6,975,147 | 6,967,842 | 6,942,360 | 6,744,295 | 6,639,971 | 6,501,471 | 6,437,952 | 6,401,682 | 6,394,339 | 6,216,913 | 6,076,177 | |
| Total number of issued units | 3,420,137 | 3,107,238 | 3,112,490 | 3,112,490 | 3,112,490 | 3,049,560 | 3,029,865 | 2,984,752 | 2,975,882 | 2,955,607 | 2,955,607 | 2,928,614 | 2,874,923 | 2,855,443 | 2,842,743 | 2,840,673 | 2,840,673 | 2,772,473 | 2,735,158 | 2,694,082 | 2,675,252 | 2,651,892 | 2,721,892 | 2,680,212 | 2,625,671 | 2,620,773 | 2,611,018 | 2,608,428 | 2,607,913 | 2,554,133 | 2,489,232 | 2,445,164 | 2,410,364 | 2,397,768 | 2,397,618 | 2,314,430 | 2,232,552 | |
| Number of funds | 64 | 64 | 64 | 64 | 64 | 65 | 65 | 65 | 64 | 64 | 64 | 64 | 66 | 65 | 65 | 65 | 65 | 64 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 61 | 61 | 62 | 61 | 60 | 61 | 61 | 60 | 60 | 59 |
Latest reading
Total net assets stood at 4,638,516 million yen in Jul 2026. That is +0.3% from Jun 2026 and +9.1% from a year earlier. The series on this page is monthly and runs from Aug 2016 to Jul 2026.
- Latest
- 4,638,516 million yen
- Jul 2026
- vs previous period
- +0.3%
- Jun 2026
- vs a year earlier
- +9.1%
About this data
Month-end balance sheet of privately placed Japanese real estate investment trusts, in millions of yen: increases and repayments of capital, total net assets, total assets, interest-bearing liabilities, the book value of the properties held, the number of units issued and the number of funds. Source: The Investment Trusts Association, Japan.
