Since December 2003, STB Research Institute has been providing information regarding the market size of private placement real estate funds and investment strategies of fund managers. This is based on data collected by our surveys and interviews with fund managers as well as publicly-available data and press information.
STB Research Institute provides indices and reports with regard to fluctuations in the J-REIT market, such as net asset value (NAV) and implied cap rate. This section also contains the company's previous reports covering the J-REIT sector. Each index is made available in the middle of every month with data of three months before.
STB Research Institute keeps track of market fluctuations in the J-REIT sector, and publishes the STBRI J-REIT Index. The index is a composite of all the J-REIT issues, and calcuates the accumulated daily rate of returns since September 10, 2001, the base date when the initial issue was listed. The index is monthly updated with data of two months before.