Governance Structure of JRE

JRE is composed of one Executive Director, two Supervisory Directors, and the Board of Directors, on which all JRE’s directors serve as members, plus an accounting auditor as well as the General Meeting of Unitholders. For details, please refer to the securities report (available only in Japanese) (Part 1. Fund information, Section 1. Status of Funds, 1. Outline of JRE, (4) Structure of JRE).
Regarding remuneration for the position of Executive Director, the upper limit is set at JPY 800,000 per month per person and the specific monthly amount is decided by the Board of Directors. The upper limit for the position of Supervisory Director is JPY 300,000 per month per person and the specific amount is decided by the Board of Directors. For details, please refer to the ARTICLES OF INCORPORATION OF JAPAN REAL ESTATE INVESTMENT CORPORATION (CHAPTER 4 EXECUTIVE DIRECTORS, SUPERVISORY DIRECTORS AND BOARD OF DIRECTORS, Article 22. Standards for Payment of Remuneration to Executive Directors and Supervisory Directors).
JRE is prohibited from having any employees under the Japanese Act on Investment Trusts and Investment Corporations, and therefore commissions business operations to its asset management company, Japan Real Estate Asset Management Co., Ltd.

Status of Executive Director and Supervisory Directors

Candidates for investment corporation directors shall be elected at a general unitholders' meeting on the proviso that they do not fall under any of the grounds for disqualification stipulated in the Act on Investment Trsuts and Investmet Corporations and other applicable laws and regulations.

The attendance rates of Executive Director and Supervisory Directors at the board of directors' meetings of the investment corporation (from April 2023 to March 2024) are as follows:

For details on Directors' Profile, please click here.