Sumitomo Mitsui Trust Research Institute keeps track of market fluctuations in the J-REIT sector, and publishes the SMTRI J-REIT Index®. The index is a composite of all the J-REIT issues, and calculates the accumulated daily rate of returns since September 10, 2001.

Overview

• SMTRI J-REIT Index® is the market capitalization-weighted index which is calculated based on all listed J-REIT since September 10, 2001, the date of the first listing of J-REIT issue on Tokyo Stock Exchange. SMTRI J-REIT Index series are calculated by accumulating daily capitalization weighted returns, which provides price return, total return, as well as the expected dividend yield, it enables easily to compare J-REIT performance with other REITs and stock indices.
• Since October 2004, the data and figures of SMTRI J-REIT Index have been uploaded on Sumitomo Mitsui Trust Research Institute website.

*STBRI J-REIT Index changed its name to SMTRI J-REIT Index®, due to change of the corporate name since April, 2012.

Index data[released February 1, 2017 ]

• Updated data (index values from September 10, 2001 until the end of the month two months ago) is released at the beginning of each month.
• In addition to the Composite Index, which covers all J-REIT issues listed in Japan, subindexes are calculated for individual sectors such as Office, Residential, Retail, Industrial properties, and also provide Diversified Index. This makes it easy to analyze the optimal allocation of a real-estate investment portfolio and to assess performance. These can be used as benchmarks suited to diversification of the investment strategies used by institutional investors. Index figures and calculation methods are covered below.

  

  • Documents
  • Notes on usage

  Inquiry

  • SMTRI J-REIT Index® graphs [end of December 2016] (PDF:1.4MB)
    <All issues> SMTRI J-REIT Composite Index
    <Subindex> SMTRI J-REIT Office Index, SMTRI J-REIT Residential Index, SMTRI J-REIT Retail Index, SMTRI J-REIT Industrial Index, SMTRI J-REIT Diversified Index 
  • SMTRI J-REIT Index® data [end of December 2016] (EXCEL:2MB)
  • SMTRI J-REIT Index® Constituents [end of December 2016] (PDF:84KB)
  • SMTRI J-REIT Index® Calculation methods (PDF:145KB)