Non-Japanese investors: including corporations established under the law of foreign countries; foreign governments, local governments, and entities that are not incorporated; and individuals whose nationalities are other than Japanese, regardless of their place of residence.
Individuals and others: individuals and non-incorporated groups with Japanese nationality, regardless of their place of residence.
Other financial institutions: including credit unions (shinkin banks), credit associations, labor banks, agriculture-related financial institutions, government-related financial institutions, and securities finance companies, etc.
Figures include REITs listed on Japanese stock exchanges (Tokyo, Nagoya, Fukuoka, Sapporo) as of the end of August 2024 excluding newly listed REITs for which data of the first accounting period was not available by August 31, 2024.
Data was obtained electronically from the administrators of unitholder registers.
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Breakdown of real estate investment trust holders in Japan 2024, by investor type
As of August 2024, trust banks held **** percent of real estate investment trusts (REITs) in Japan. Non-Japanese investors followed with a holding ratio of **** percent. The Japanese real estate investment trust (J-REIT) market was established in 2001 and is one of the largest in the world.
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JPX. (January 15, 2025). Distribution of real estate investment trust (REIT) holders in Japan as of August 2024, by investor type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/
JPX. "Distribution of real estate investment trust (REIT) holders in Japan as of August 2024, by investor type." Chart. January 15, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/
JPX. (2025). Distribution of real estate investment trust (REIT) holders in Japan as of August 2024, by investor type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/
JPX. "Distribution of Real Estate Investment Trust (Reit) Holders in Japan as of August 2024, by Investor Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 Jan 2025, /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/
JPX, Distribution of real estate investment trust (REIT) holders in Japan as of August 2024, by investor type ÌÇÐÄÆÆ½â°æ, /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/ (last visited August 01, 2026)
Distribution of real estate investment trust (REIT) holders in Japan as of August 2024, by investor type [Graph], JPX, January 15, 2025. [Online]. Available: /statistics/1173364/japan-holding-ratio-of-reits-by-investor-type/