Business Overview

Total AUM of real estate fund business

About 474.9 billion yen (as of March 31, 2024)

Describe total AUM of NUD which is a listed REIT, NUPR which is an unlisted, private placement REIT and private placement funds, etc.


NTT Urban Development REIT Investment Corporation became the sixth J-REIT listed on the Tokyo Stock Exchange in September 2002.

Operating to secure steady profits over the medium to long term, it makes diversified investment in real estate of which the main use is office and residential, especially in the Tokyo economic zone where the population and industrial agglomeration is significant and the economic foundation is solid.


307.2 billion yen (as of March 31, 2024)

NTT UD Private REIT Inc.

NTT Urban Development Private REIT Inc. is a diversified private REIT whose priority investment target assets are residences, retail facilities, offices and hotels.

In addition to these priority investment target assets, it also invests in strategic assets: healthcare facilities, a market segment expected to grow, and infrastructure facilities for which NTT Group companies have operational expertise.

With no set city ratio, it invests in the three major metropolitan areas, ordinance-designated cities and similar major cities nationwide.


98.4 billion yen (as of March 31, 2024)