| Residential REITs Industry | Real Estate Sector | Takashi Ikeda CEO | TWSE Exchange | TW0003226007 ISIN |
| JP Country | - Employees | 28 Aug 2026 Last Dividend | 27 Feb 2025 Last Split | - IPO Date |
NAF is a leading Japan-based Real Estate Investment Trust (J-REIT) specializing in "Accommodation Assets." Established under the Act on Investment Trusts and Investment Corporations, NAF began its journey on October 12, 2005. It made its mark in the financial markets by being listed on the Real Estate Investment Trust Securities Market (J-REIT Market) of the Tokyo Stock Exchange on August 4, 2006, boasting the securities code number 3226. Since its listing, NAF has shown a remarkable trajectory of growth, focusing on expanding its portfolio through the acquisition of valuable properties. At the end of the period under review, NAF's impressive portfolio encompassed 133 properties, showing a significant increase from the 27 properties at the time of listing. This growth is quantified by the total acquisition price, which surged from ¥101,385 million during its initial listing to ¥339,038 million. Such an expansion outlines the trust's strategic investment in accommodations, from residential spaces to hotels, emphasizing a diversified approach toward real estate investment.
NAF identifies and invests in high-quality residential real estate, which includes apartments and residential complexes. These investments are made after a thorough analysis of the property's potential for appreciation, rental income, and relevance to market needs. Residential properties provide a stable income source due to the constant demand for living spaces, making them a cornerstone of NAF's investment strategy.
Hotel properties constitute a significant segment of NAF's investment portfolio. This includes a variety of accommodations from budget to luxury hotels, strategically located in prime areas to attract both domestic and international tourists. The selection of hotel investments is based on a detailed evaluation of the property's brand, location, operational efficiency, and potential to generate attractive returns.