Track Record

November 2003

Kenedix Office Partners, Inc. is established

November 2003

Kenedix Advisors, Inc. is established

May 2005

Kenedix Office Investment Corporation (8972.T) is listed on the Tokyo Stock Exchange

Kenedix Realty Investment Corporation, the predecessor of Kenedix Office Investment Corporation, is established as a comprehensive type REIT and began its operations with a portfolio of 29 properties with a total AUM of 61 billion yen. In December 2006, it was converted from a comphetrensive REIT to a REIT specializing in office buildings. In February 2014, Kenedix Realty Investment Corporation changed its name to Kenedix Office Investment Corporation.

March 2011

Kenedix Residential Partners, Inc. is established

October 2011

Kenedix Office Investment Corporation participate in GRESB for the first time as the J-REIT

Kenedix Office Investment Corporation is the first J-REIT to participate in GRESB. GRESB is established in 2009 mainly by European pension funds. The GRESB is used as a tool to measure the environmental, social and governance (ESG) considerations of companies and funds in the real estate sector.

April 2012

Kenedix Residential Investment Corporation is listed on the Tokyo Stock Exchange.

Kenedix Residential Investment Corporation began managing a portfolio of 20 properties with a total AUM of 30.4 billion yen as a J-REIT that invests in residential properties. Kenedix Residential Investment Corporation was the first J-REIT to be listed after financial crisis of 2007-2008, four and a half years later.

October 2013

Kenedix Residential Partners, Inc. merges with Kenedix Office Partners, Inc. and Kenedix Advisors, Inc., and changes its name to Kenedix Real Estate Fund Management Inc.(KFM)

March 2014

Kenedix Private Investment Corporation is establised.

Unlike listed REITs, private REITs have product characteristics that ensure stable earnings over the medium to long term without being directly affected by the financial and capital markets. Kenedix views the expansion of the private REIT market as a diversification of investor needs, and has therefore set up Kenedix Private Investment Corporation.

February 2015

Kenedix Retail REIT Corporation (3453.T) is listed on the Tokyo Stock Exchange

Kenedix Retail REIT is the first REIT in Japan to forcus on shopping centor for daily needs. Kenedix Retail REIT began operations with a portfolio of 18 properties with a total AUM of 80.8 billion yen in June 2018. In June 2018, Kenedix Retail REIT added logistics facilities to its investment target in order to respond to changes in supply chain trends, such as the expansion of e-commerce, in addition to existing retail facilities.

March 2018

Kenedix Residential Investment Corporation merges with Japan Senior Living Investment Corporation, and changes its name to Kenedix Residential Next Investment Corporation (3278.T)

November 2018

Transfers the asset management business for private funds to Kenedix Investment Partners, Inc.

December 2019

Kenedix Residential Next Investment Corporation  issues a social bond for the first time as the J-REIT.

Kenedix Residential Next Investment Corporation  issued a social bond for the first time as the J-REIT. The deal aimed to contribute to the expansion of new investor base and the development of the domestic social bond market by further strengthening its sustainability initiatives and providing investment opportunities to investors who are active in ESG investments.

October 2021

Endorsement of TCFD Recommendations

KFM endorsed the TCFD (Task Force on Climate-related Financial Disclosure) recommendations and has joined the TCFD Consortium, an organization of companies in Japan that support the recommendations.

November 2023

Three listed REITs merge to form KDX Realty Investment Corporation.

Kenedix Office Investment Corporation, Kenedix Next Residential Investment Corporation, and Kenedix Retail REIT, Inc. merged to form KDX Realty Investment Corporation. KDX REIT is the third largest J-REIT with assets of over 1.1 trillion yen and the largest J-REIT with 350 properties. (As of 2023)