{"id":159,"date":"2026-04-12T03:01:18","date_gmt":"2026-04-11T18:01:18","guid":{"rendered":"https:\/\/shimaken.com\/golden\/159\/"},"modified":"2026-05-14T12:00:09","modified_gmt":"2026-05-14T03:00:09","slug":"reit%e3%81%a7%e5%a7%8b%e3%82%81%e3%82%8b%e4%b8%8d%e5%8b%95%e7%94%a3%e6%8a%95%e8%b3%87%e5%85%a5%e9%96%80%ef%bc%81%e5%b0%91%e9%a1%8d%e3%81%8b%e3%82%89%e5%ae%89%e5%85%a8%e3%81%ab%e4%b8%8d%e5%8b%95","status":"publish","type":"post","link":"https:\/\/shimaken.com\/golden\/159\/","title":{"rendered":"REIT \u3067\u59cb\u3081\u308b\u4e0d\u52d5\u7523\u6295\u8cc7\u5165\u9580\u2502\u5c11\u984d\u304b\u3089\u5b89\u5168\u306b\u4e0d\u52d5\u7523\u30c7\u30d3\u30e5\u30fc\u3059\u308b\u65b9\u6cd5"},"content":{"rendered":"<h1>REIT \u3067\u59cb\u3081\u308b\u4e0d\u52d5\u7523\u6295\u8cc7\u5165\u9580\u2502\u5c11\u984d\u304b\u3089\u5b89\u5168\u306b\u4e0d\u52d5\u7523\u30c7\u30d3\u30e5\u30fc\u3059\u308b\u65b9\u6cd5<\/h1>\n<h2>REIT\u3068\u306f\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u5411\u3051\u4e0d\u52d5\u7523\u6295\u8cc7\u30c4\u30fc\u30eb<\/h2>\n<p><strong>\u7d50\u8ad6\u304b\u3089\u66f8\u304d\u307e\u3059\uff1aREIT\u306f\u300c\u5c11\u984d\u304b\u3064\u624b\u9593\u306a\u304f\u3001\u30d7\u30ed\u306e\u904b\u7528\u3067\u4e0d\u52d5\u7523\u306b\u6295\u8cc7\u3067\u304d\u308b\u4ed5\u7d44\u307f\u300d\u3067\u3059\u3002<\/strong> \u6570\u4e07\u5186\u304b\u3089\u59cb\u3081\u3089\u308c\u308b\u70b9\u304c\u6700\u5927\u306e\u9b45\u529b\u3067\u3059\u3002<\/p>\n<p>\u300c\u4e0d\u52d5\u7523\u6295\u8cc7\u306b\u8208\u5473\u304c\u3042\u308b\u3051\u3069\u3001\u6570\u5343\u4e07\u5186\u3082\u3059\u308b\u30de\u30f3\u30b7\u30e7\u30f3\u306a\u3093\u3066\u8cb7\u3048\u306a\u3044\u300d\u3068\u611f\u3058\u308b\u65b9\u306f\u591a\u3044\u3067\u3057\u3087\u3046\u3002REIT\u306f\u307e\u3055\u306b\u305d\u3046\u3057\u305f\u8ab2\u984c\u3092\u89e3\u6c7a\u3057\u307e\u3059\u3002<\/p>\n<p><strong>REIT\uff08Real Estate Investment Trust\uff09<\/strong> \u3068\u306f\u3001\u8907\u6570\u306e\u6295\u8cc7\u5bb6\u304c\u304a\u91d1\u3092\u51fa\u3057\u5408\u3044\u3001\u305d\u306e\u8cc7\u91d1\u3067\u30d7\u30ed\u304c\u4e0d\u52d5\u7523\u3092\u8cfc\u5165\u30fb\u7ba1\u7406\u904b\u55b6\u3057\u3001\u5f97\u3089\u308c\u305f\u5bb6\u8cc3\u53ce\u5165\u3084\u58f2\u5374\u76ca\u3092\u6295\u8cc7\u5bb6\u306b\u5206\u914d\u3059\u308b\u4ed5\u7d44\u307f\u3067\u3059\u3002\u6295\u8cc7\u4fe1\u8a17\u306e\u4e0d\u52d5\u7523\u7248\u3068\u8003\u3048\u308b\u3068\u7406\u89e3\u3057\u3084\u3059\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001\u6771\u4eac\u306e\u4e00\u7b49\u5730\u306b\u3042\u308b 10 \u5104\u5186\u306e\u30aa\u30d5\u30a3\u30b9\u30d3\u30eb\u306f\u500b\u4eba\u3067\u306f\u8cfc\u5165\u56f0\u96e3\u3067\u3059\u3002\u3057\u304b\u3057 REIT \u306a\u3089 1 \u4e07\u4eba\u3067\u6295\u8cc7\u3059\u308c\u3070\u4e00\u4eba 10 \u4e07\u5186\u306e\u6295\u8cc7\u3067\u6e08\u307f\u307e\u3059\u3002\u3053\u306e\u70b9\u304c REIT \u304c\u591a\u304f\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u9078\u3070\u308c\u3066\u3044\u308b\u7406\u7531\u3067\u3059\u3002<\/p>\n<h3>REIT\u306e\u57fa\u672c\u7684\u306a\u4ed5\u7d44\u307f<\/h3>\n<p>REIT \u306f\u4ee5\u4e0b\u306e\u30b5\u30a4\u30af\u30eb\u3067\u904b\u55b6\u3055\u308c\u307e\u3059\uff1a<\/p>\n<ol>\n<li><strong>\u8cc7\u91d1\u8abf\u9054<\/strong>\uff1a\u6295\u8cc7\u5bb6\u304b\u3089\u304a\u91d1\u3092\u96c6\u3081\u308b<\/li>\n<li><strong>\u4e0d\u52d5\u7523\u8cfc\u5165<\/strong>\uff1a\u5546\u696d\u65bd\u8a2d\u3001\u30aa\u30d5\u30a3\u30b9\u3001\u4f4f\u5b85\u306a\u3069\u3092\u8cfc\u5165<\/li>\n<li><strong>\u904b\u55b6\u7ba1\u7406<\/strong>\uff1a\u30d7\u30ed\u304c\u7269\u4ef6\u3092\u7ba1\u7406\u30fb\u904b\u55b6<\/li>\n<li><strong>\u53ce\u76ca\u5206\u914d<\/strong>\uff1a\u8cc3\u6599\u53ce\u5165\u306a\u3069\u3092\u6295\u8cc7\u5bb6\u306b\u5206\u914d<\/li>\n<\/ol>\n<p>\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u8ca0\u62c5\u306f\u300c\u304a\u91d1\u3092\u51fa\u3059\u3060\u3051\u300d\u3067\u3059\u3002\u7269\u4ef6\u9078\u3073\u3001\u30c6\u30ca\u30f3\u30c8\u52df\u96c6\u3001\u4fee\u7e55\u5bfe\u5fdc\u306a\u3069\u306f\u3059\u3079\u3066\u30d7\u30ed\u304c\u62c5\u5f53\u3057\u307e\u3059\u3002<\/p>\n<h2>REIT\u306e\u4e3b\u306a\u30e1\u30ea\u30c3\u30c8 4 \u3064<\/h2>\n<h3>1. \u5c11\u984d\u304b\u3089\u6295\u8cc7\u3067\u304d\u308b<\/h3>\n<p>REIT\u306e\u6700\u5927\u306e\u5229\u70b9\u306f\u3001\u65e5\u672c\u306eREIT\u306a\u3089\u6570\u4e07\u5186\u304b\u3089\u59cb\u3081\u3089\u308c\u308b\u70b9\u3067\u3059\u3002\u4eba\u6c17\u306e\u4f4f\u5b85\u7cfbREIT\u9298\u67c4\u3067\u306f 5 \u4e07\u5186\u7a0b\u5ea6\u3067\u8cfc\u5165\u53ef\u80fd\u306a\u3082\u306e\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u6708 3 \u4e07\u5186\u7a0b\u5ea6\u306e\u7a4d\u7acb\u6295\u8cc7\u3092\u7d9a\u3051\u305f\u4e8b\u4f8b\u3067\u306f\u30015 \u5e74\u9593\u3067 180 \u4e07\u5186\u306e\u6295\u8cc7\u304c\u7d2f\u7a4d\u3057\u3001\u5e74\u9593\u7d04 7 \u4e07\u5186\u306e\u5206\u914d\u91d1\u3092\u53d7\u3051\u53d6\u3063\u3066\u3044\u308b\u65b9\u3082\u3044\u307e\u3059\u3002\u30de\u30f3\u30b7\u30e7\u30f3 1 \u5ba4\u8cfc\u5165\u3088\u308a\u7121\u7406\u306a\u304f\u59cb\u3081\u3084\u3059\u3044\u7279\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>2. \u30d7\u30ed\u306e\u5c02\u9580\u77e5\u8b58\u3092\u6d3b\u304b\u305b\u308b<\/h3>\n<p>\u500b\u4eba\u3067\u4e0d\u52d5\u7523\u6295\u8cc7\u3092\u3059\u308c\u3070\u3001\u7269\u4ef6\u9078\u3073\u304b\u3089\u7ba1\u7406\u307e\u3067\u3059\u3079\u3066\u81ea\u5206\u3067\u884c\u3046\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u4e00\u65b9\u3001REIT \u306a\u3089\u4ee5\u4e0b\u3092\u30d7\u30ed\u306b\u4efb\u305b\u3089\u308c\u307e\u3059\uff1a<\/p>\n<ul>\n<li>\u7acb\u5730\u5206\u6790\u306b\u3088\u308b\u7269\u4ef6\u9078\u5b9a<\/li>\n<li>\u30c6\u30ca\u30f3\u30c8\u52df\u96c6\u30fb\u8cc3\u8cb8\u7ba1\u7406<\/li>\n<li>\u4fee\u7e55\u30fb\u30e1\u30f3\u30c6\u30ca\u30f3\u30b9\u8a08\u753b<\/li>\n<\/ul>\n<p>\u5c02\u9580\u77e5\u8b58\u304c\u306a\u3044\u521d\u5fc3\u8005\u3067\u3082\u3001\u30d7\u30ed\u306e\u6069\u6075\u304c\u81ea\u52d5\u7684\u306b\u5f97\u3089\u308c\u307e\u3059\u3002<\/p>\n<h3>3. \u5206\u6563\u6295\u8cc7\u306b\u3088\u308a\u5358\u4e00\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3067\u304d\u308b<\/h3>\n<p>1 \u3064\u306e REIT \u3067\u8907\u6570\u306e\u4e0d\u52d5\u7523\u306b\u6295\u8cc7\u3067\u304d\u308b\u305f\u3081\u3001\u81ea\u7136\u3068\u5206\u6563\u6295\u8cc7\u306b\u306a\u308a\u307e\u3059\u3002\u3042\u308b\u30aa\u30d5\u30a3\u30b9\u7cfb REIT \u306f\u6771\u4eac\u3001\u5927\u962a\u3001\u540d\u53e4\u5c4b\u306a\u3069\u5168\u56fd\u306e\u4e3b\u8981\u90fd\u5e02\u306b\u30d3\u30eb\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u4f8b\u304c\u591a\u3044\u3067\u3059\u3002<\/p>\n<p>\u500b\u4eba\u6295\u8cc7\u3060\u3068 1 \u4ef6\u306e\u30de\u30f3\u30b7\u30e7\u30f3\u6240\u6709\u6642\u306b\u707d\u5bb3\u88ab\u5bb3\u3092\u53d7\u3051\u308b\u3068\u5927\u304d\u306a\u6253\u6483\u306b\u306a\u308a\u307e\u3059\u3002REIT \u306a\u3089\u8907\u6570\u7269\u4ef6\u306b\u5206\u6563\u3055\u308c\u3066\u3044\u308b\u305f\u3081\u3001\u30ea\u30b9\u30af\u8efd\u6e1b\u52b9\u679c\u304c\u671f\u5f85\u3067\u304d\u307e\u3059\u3002<\/p>\n<h3>4. \u58f2\u5374\u304c\u8fc5\u901f\uff08\u6d41\u52d5\u6027\u304c\u9ad8\u3044\uff09<\/h3>\n<p>\u5b9f\u7269\u306e\u4e0d\u52d5\u7523\u306f\u58f2\u5374\u306b\u6570\u30f6\u6708\u304b\u304b\u308b\u3053\u3068\u3082\u73cd\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002\u4e00\u65b9\u3001REIT \u306f\u682a\u5f0f\u3068\u540c\u3058\u65b9\u6cd5\u3067\u5e02\u5834\u3067\u58f2\u8cb7\u3067\u304d\u3001\u3059\u3050\u306b\u73fe\u91d1\u5316\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>\u6025\u306b\u304a\u91d1\u304c\u5fc5\u8981\u306a\u5834\u9762\u3067\u306f\u3001\u3053\u306e\u6d41\u52d5\u6027\u306e\u9ad8\u3055\u304c\u5927\u304d\u306a\u5f37\u307f\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2>REIT\u306e\u30ea\u30b9\u30af\u30fb\u30c7\u30e1\u30ea\u30c3\u30c8 3 \u3064<\/h2>\n<p>REIT \u306f\u5229\u70b9\u304c\u5927\u304d\u3044\u4e00\u65b9\u3067\u3001\u7406\u89e3\u3057\u3066\u304a\u304f\u3079\u304d\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>1. \u4fa1\u683c\u5909\u52d5\u30ea\u30b9\u30af<\/h3>\n<p>REIT \u306f\u5e02\u5834\u3067\u58f2\u8cb7\u3055\u308c\u308b\u305f\u3081\u3001\u4e0d\u52d5\u7523\u5e02\u6cc1\u3001\u91d1\u5229\u74b0\u5883\u3001\u7d4c\u6e08\u60c5\u52e2\u306b\u3088\u308a\u4fa1\u683c\u304c\u5909\u52d5\u3057\u307e\u3059\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u30012020 \u5e74\u5ea6\u306e\u30b3\u30ed\u30ca\u798d\u3067\u306f\u5546\u696d\u65bd\u8a2d\u7cfb REIT \u304c\u5024\u4e0b\u304c\u308a\u3057\u307e\u3057\u305f\u3002\u5916\u51fa\u81ea\u7c9b\u306b\u3088\u308b\u30b7\u30e7\u30c3\u30d4\u30f3\u30b0\u30e2\u30fc\u30eb\u306e\u58f2\u4e0a\u6e1b\u5c11\u304c\u30c6\u30ca\u30f3\u30c8\u8cc3\u6599\u652f\u6255\u3044\u80fd\u529b\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u305f\u305f\u3081\u3067\u3059\u3002\u3053\u306e\u3088\u3046\u306a\u4e0d\u6e2c\u306e\u4e8b\u614b\u306b\u5bfe\u3059\u308b\u4fa1\u683c\u4e0b\u843d\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>2. \u5206\u914d\u91d1\u306e\u5909\u52d5<\/h3>\n<p>REIT \u306e\u5206\u914d\u91d1\u306f\u6cd5\u7684\u306b\u4fdd\u8a3c\u3055\u308c\u3066\u3044\u307e\u305b\u3093\u3002\u4fdd\u6709\u7269\u4ef6\u306e\u7a3c\u50cd\u7387\u4f4e\u4e0b\u3084\u8cc3\u6599\u4e0b\u843d\u306b\u3088\u308a\u3001\u5206\u914d\u91d1\u304c\u6e1b\u5c11\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u5b89\u5b9a\u3057\u305f\u914d\u5f53\u3092\u671f\u5f85\u3059\u308b\u5834\u5408\u306f\u3001\u7a3c\u50cd\u7387\u3084\u8cc3\u6599\u63a8\u79fb\u3092\u5b9a\u671f\u7684\u306b\u78ba\u8a8d\u3059\u308b\u7fd2\u6163\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<h3>3. \u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u53ce\u76ca\u5727\u8feb<\/h3>\n<p>REIT \u306f\u501f\u5165\u91d1\u3092\u6d3b\u7528\u3057\u3066\u7269\u4ef6\u3092\u8cfc\u5165\u3059\u308b\u305f\u3081\u3001\u91d1\u5229\u4e0a\u6607\u306f\u8fd4\u6e08\u8ca0\u62c5\u3092\u5897\u3084\u3057\u307e\u3059\u3002\u307e\u305f\u91d1\u5229\u304c\u4e0a\u304c\u308b\u3068\u3001\u4ed6\u306e\u6295\u8cc7\u5546\u54c1\u306e\u9b45\u529b\u304c\u76f8\u5bfe\u7684\u306b\u9ad8\u307e\u308a\u3001REIT \u304b\u3089\u8cc7\u91d1\u304c\u6d41\u51fa\u3059\u308b\u50be\u5411\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<h2>REIT \u306e\u7a2e\u985e\u5225\u7279\u5fb4\u3068\u9078\u3073\u65b9<\/h2>\n<p>\u65e5\u672c\u306e REIT \u5e02\u5834\u306b\u306f\u8907\u6570\u306e\u7a2e\u985e\u304c\u3042\u308a\u307e\u3059\u3002\u6295\u8cc7\u76ee\u7684\u306b\u5408\u308f\u305b\u3066\u9078\u3076\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<table>\n<thead>\n<tr>\n<th>\u7a2e\u985e<\/th>\n<th>\u6295\u8cc7\u5bfe\u8c61<\/th>\n<th>\u7279\u5fb4<\/th>\n<th>\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u30aa\u30d5\u30a3\u30b9\u7cfb REIT<\/td>\n<td>\u30aa\u30d5\u30a3\u30b9\u30d3\u30eb<\/td>\n<td>\u666f\u6c17\u654f\u611f\u3067\u9ad8\u53ce\u76ca\u671f\u5f85<\/td>\n<td>\u9ad8\u30ea\u30b9\u30af\u30fb\u9ad8\u30ea\u30bf\u30fc\u30f3<\/td>\n<\/tr>\n<tr>\n<td>\u4f4f\u5b85\u7cfb REIT<\/td>\n<td>\u8cc3\u8cb8\u30de\u30f3\u30b7\u30e7\u30f3\u30fb\u30a2\u30d1\u30fc\u30c8<\/td>\n<td>\u5b89\u5b9a\u3057\u305f\u8cc3\u6599\u53ce\u5165<\/td>\n<td>\u4f4e\u30ea\u30b9\u30af\u30fb\u5b89\u5b9a\u30ea\u30bf\u30fc\u30f3<\/td>\n<\/tr>\n<tr>\n<td>\u5546\u696d\u65bd\u8a2d\u7cfb REIT<\/td>\n<td>\u30b7\u30e7\u30c3\u30d4\u30f3\u30b0\u30e2\u30fc\u30eb\u30fb\u5e97\u8217<\/td>\n<td>\u6d88\u8cbb\u52d5\u5411\u306b\u5de6\u53f3\u3055\u308c\u3084\u3059\u3044<\/td>\n<td>\u4e2d\u30ea\u30b9\u30af\u30fb\u4e2d\u30ea\u30bf\u30fc\u30f3<\/td>\n<\/tr>\n<tr>\n<td>\u7269\u6d41\u65bd\u8a2d\u7cfb REIT<\/td>\n<td>\u7269\u6d41\u5009\u5eab\u30fb\u914d\u9001\u30bb\u30f3\u30bf\u30fc<\/td>\n<td>EC\u62e1\u5927\u3067\u9ad8\u6210\u9577\u671f\u5f85<\/td>\n<td>\u4e2d\u30ea\u30b9\u30af\u30fb\u9ad8\u6210\u9577\u671f\u5f85<\/td>\n<\/tr>\n<tr>\n<td>\u30db\u30c6\u30eb\u7cfb REIT<\/td>\n<td>\u30db\u30c6\u30eb\u30fb\u65c5\u9928<\/td>\n<td>\u89b3\u5149\u696d\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3084\u3059\u3044<\/td>\n<td>\u9ad8\u30ea\u30b9\u30af\u30fb\u9ad8\u30ea\u30bf\u30fc\u30f3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>\u521d\u5fc3\u8005\u306f\u4f4f\u5b85\u7cfbREIT \u304b\u3089\u59cb\u3081\u308b\u65b9\u91dd\u3092\u63a8\u5968<\/h3>\n<p>\u6295\u8cc7\u521d\u5fc3\u8005\u306b\u306f\u3001\u307e\u305a\u4f4f\u5b85\u7cfb REIT \u3092\u304a\u52e7\u3081\u3057\u307e\u3059\u3002\u7406\u7531\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\uff1a<\/p>\n<ul>\n<li>\u4eba\u304c\u4f4f\u307e\u3046\u5834\u6240\u3078\u306e\u9700\u8981\u306f\u76f8\u5bfe\u7684\u306b\u5b89\u5b9a<\/li>\n<li>\u666f\u6c17\u5909\u52d5\u306e\u5f71\u97ff\u304c\u9650\u5b9a\u7684<\/li>\n<li>\u5206\u914d\u91d1\u306e\u5909\u52d5\u5e45\u304c\u5c0f\u3055\u3044\u50be\u5411\u306b\u3042\u308b<\/li>\n<\/ul>\n<p>\u7d4c\u9a13\u3092\u7a4d\u3093\u3067\u304b\u3089\u3001\u4ed6\u306e\u7a2e\u985e\u306b\u6311\u6226\u3059\u308b\u6bb5\u968e\u7684\u30a2\u30d7\u30ed\u30fc\u30c1\u304c\u73fe\u5b9f\u7684\u3067\u3059\u3002<\/p>\n<h2>REIT \u6295\u8cc7\u306e\u5b9f\u8df5\u7684\u59cb\u3081\u65b9<\/h2>\n<h3>\u30b9\u30c6\u30c3\u30d7 1\uff1a\u8a3c\u5238\u53e3\u5ea7\u3092\u958b\u8a2d<\/h3>\n<p>REIT \u3092\u8cfc\u5165\u3059\u308b\u306b\u306f\u8a3c\u5238\u53e3\u5ea7\u304c\u5fc5\u9808\u3067\u3059\u3002\u4e3b\u8981\u306a\u8a3c\u5238\u4f1a\u793e\u306a\u3089\u3069\u3053\u3067\u3082\u6271\u3063\u3066\u3044\u307e\u3059\u3002\u624b\u6570\u6599\u3084\u4f7f\u3044\u3084\u3059\u3055\u3092\u6bd4\u8f03\u3057\u3066\u9078\u3073\u307e\u3057\u3087\u3046\u3002<\/p>\n<h3>\u30b9\u30c6\u30c3\u30d7 2\uff1a\u6295\u8cc7\u8cc7\u91d1\u3092\u6c7a\u3081\u308b<\/h3>\n<p>\u6295\u8cc7\u8cc7\u91d1\u306f <strong>\u4f59\u88d5\u8cc7\u91d1\u306e\u7bc4\u56f2\u5185<\/strong> \u3067\u8a2d\u5b9a\u3057\u3066\u304f\u3060\u3055\u3044\u3002\u751f\u6d3b\u8cbb\u3084\u7dca\u6025\u6642\u8cc7\u91d1\u306f\u78ba\u4fdd\u3059\u308b\u3053\u3068\u304c\u9244\u5247\u3067\u3059\u3002<\/p>\n<p>\u6708\u53ce 30 \u4e07\u5186\u306e\u5834\u5408\u3001\u6708 1 \u4e07\u5186\uff5e3 \u4e07\u5186\u7a0b\u5ea6\u304b\u3089\u59cb\u3081\u308b\u306e\u304c\u73fe\u5b9f\u7684\u3067\u3059\u3002\u7121\u7406\u306a\u304f\u7d9a\u3051\u3089\u308c\u308b\u91d1\u984d\u304b\u3089\u958b\u59cb\u3057\u3001\u72b6\u6cc1\u306b\u5fdc\u3058\u3066\u5897\u984d\u3059\u308b\u30a2\u30d7\u30ed\u30fc\u30c1\u304c\u5805\u5b9f\u3067\u3059\u3002<\/p>\n<h3>\u30b9\u30c6\u30c3\u30d7 3\uff1a\u9298\u67c4\u9078\u629e\u306e\u91cd\u8981\u30dd\u30a4\u30f3\u30c8<\/h3>\n<p>REIT \u9078\u3073\u3067\u78ba\u8a8d\u3059\u3079\u304d\u6307\u6a19\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\uff1a<\/p>\n<ol>\n<li><strong>\u5206\u914d\u5229\u56de\u308a<\/strong>\uff1a\u5e74\u9593\u5206\u914d\u91d1\u00f7\u6295\u8cc7\u4fa1\u683c\u3067\u8a08\u7b97<\/li>\n<li><strong>NAV\u500d\u7387<\/strong>\uff1a\u6642\u4fa1\u7dcf\u984d\u00f7\u7d14\u8cc7\u7523\u3067\u8a08\u7b97\uff081\u500d\u306b\u8fd1\u3044\u307b\u3069\u5272\u5b89\uff09<\/li>\n<li><strong>LTV\uff08\u501f\u5165\u6bd4\u7387\uff09<\/strong>\uff1a60% \u4ee5\u4e0b\u304c\u4e00\u3064\u306e\u5b89\u5168\u57fa\u6e96<\/li>\n<li><strong>\u7a3c\u50cd\u7387<\/strong>\uff1a95% \u4ee5\u4e0a\u304c\u76ee\u5b89<\/li>\n<li><strong>\u7269\u4ef6\u306e\u30a8\u30ea\u30a2\u30fb\u7bc9\u5e74\u6570<\/strong>\uff1a\u7acb\u5730\u3068\u5efa\u7269\u306e\u7af6\u4e89\u529b<\/li>\n<\/ol>\n<p>\u3053\u308c\u3089\u306e\u6307\u6a19\u3092\u7dcf\u5408\u7684\u306b\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n<h3>\u30b9\u30c6\u30c3\u30d7 4\uff1a\u7a4d\u7acb\u6295\u8cc7\u3067\u4fa1\u683c\u5909\u52d5\u30ea\u30b9\u30af\u3092\u5e73\u6e96\u5316<\/h3>\n<p>REIT \u3082\u682a\u5f0f\u3068\u540c\u69d8\u3001\u7a4d\u7acb\u6295\u8cc7\u304c\u52b9\u679c\u7684\u3067\u3059\u3002\u6bce\u6708\u4e00\u5b9a\u91d1\u984d\u3092\u6295\u8cc7\u3059\u308b\u3053\u3068\u3067\u3001\u8cfc\u5165\u4fa1\u683c\u306e\u5e73\u6e96\u5316\u304c\u898b\u8fbc\u3081\u307e\u3059\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001\u6bce\u6708 2 \u4e07\u5186\u305a\u3064\u6295\u8cc7\u3059\u308b\u5834\u5408\uff1a<\/p>\n<ul>\n<li>\u4fa1\u683c\u304c\u9ad8\u3044\u6708\uff1a\u5c11\u306a\u3044\u53e3\u6570\u3092\u8cfc\u5165<\/li>\n<li>\u4fa1\u683c\u304c\u4f4e\u3044\u6708\uff1a\u591a\u3044\u53e3\u6570\u3092\u8cfc\u5165<\/li>\n<\/ul>\n<p>\u3053\u306e\u300c\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\u300d\u306b\u3088\u308a\u3001\u5e73\u5747\u8cfc\u5165\u4fa1\u683c\u3092\u5f15\u304d\u4e0b\u3052\u308b\u52b9\u679c\u304c\u671f\u5f85\u3067\u304d\u307e\u3059\u3002<\/p>\n<h2>REIT vs. \u73fe\u7269\u4e0d\u52d5\u7523\u6295\u8cc7\uff1a\u7279\u6027\u306e\u9055\u3044<\/h2>\n<p>\u300cREIT \u304b\u73fe\u7269\u4e0d\u52d5\u7523\u304b\u3001\u3069\u3061\u3089\u304c\u3088\u3044\u304b\u300d\u3068\u3044\u3046\u8cea\u554f\u306f\u591a\u304f\u805e\u304b\u308c\u307e\u3059\u3002\u4ee5\u4e0b\u306f\u4e21\u8005\u306e\u6bd4\u8f03\u8868\u3067\u3059\u3002<\/p>\n<table>\n<thead>\n<tr>\n<th>\u9805\u76ee<\/th>\n<th>REIT<\/th>\n<th>\u73fe\u7269\u4e0d\u52d5\u7523<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u5fc5\u8981\u8cc7\u91d1<\/td>\n<td>\u6570\u4e07\u5186\uff5e<\/td>\n<td>\u6570\u767e\u4e07\u5186\uff5e<\/td>\n<\/tr>\n<tr>\n<td>\u7ba1\u7406\u306e\u624b\u9593<\/td>\n<td>\u306a\u3057\uff08\u30d7\u30ed\u304c\u904b\u7528\uff09<\/td>\n<td>\u3042\u308a\uff08\u81ea\u5206\u3067\u7ba1\u7406\uff09<\/td>\n<\/tr>\n<tr>\n<td>\u6d41\u52d5\u6027<\/td>\n<td>\u9ad8\u3044\uff08\u3059\u3050\u58f2\u5374\u53ef\u80fd\uff09<\/td>\n<td>\u4f4e\u3044\uff08\u58f2\u5374\u306b\u6642\u9593\uff09<\/td>\n<\/tr>\n<tr>\n<td>\u5206\u6563\u52b9\u679c<\/td>\n<td>\u81ea\u52d5\u7684\u306b\u5206\u6563<\/td>\n<td>\u96c6\u4e2d\u6295\u8cc7\u306b\u306a\u308a\u304c\u3061<\/td>\n<\/tr>\n<tr>\n<td>\u7a0e\u5236\u512a\u9047<\/td>\n<td>\u306a\u3057<\/td>\n<td>\u3042\u308a\uff08\u6e1b\u4fa1\u511f\u5374\u7b49\uff09<\/td>\n<\/tr>\n<tr>\n<td>\u30ec\u30d0\u30ec\u30c3\u30b8\u6d3b\u7528<\/td>\n<td>\u4e0d\u53ef<\/td>\n<td>\u30ed\u30fc\u30f3\u6d3b\u7528\u53ef\u80fd<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u3069\u3061\u3089\u304c\u9069\u5207\u304b\u306f\u6295\u8cc7\u5bb6\u306e\u72b6\u6cc1\u6b21\u7b2c\u3067\u3059\uff1a<\/p>\n<p><strong>REIT \u304c\u5411\u304f\u4eba<\/strong>\uff1a\u5c11\u984d\u6295\u8cc7\u3001\u624b\u9593\u3092\u304b\u3051\u305f\u304f\u306a\u3044\u3001\u5206\u6563\u6295\u8cc7\u3092\u91cd\u8996<\/p>\n<p><strong>\u73fe\u7269\u4e0d\u52d5\u7523\u304c\u5411\u304f\u4eba<\/strong>\uff1a\u307e\u3068\u307e\u3063\u305f\u8cc7\u91d1\u304c\u3042\u308b\u3001\u7bc0\u7a0e\u52b9\u679c\u3092\u91cd\u8996\u3001\u81ea\u5206\u3067\u7ba1\u7406\u3057\u305f\u3044<\/p>\n<h2>REIT \u6295\u8cc7\u3067\u6210\u529f\u3059\u308b\u305f\u3081\u306e 3 \u3064\u306e\u30b3\u30c4<\/h2>\n<h3>1. \u9577\u671f\u6295\u8cc7\u3092\u57fa\u672c\u3068\u3059\u308b<\/h3>\n<p>REIT \u306f\u77ed\u671f\u7684\u306a\u5024\u4e0a\u304c\u308a\u3092\u72d9\u3046\u5546\u54c1\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u5206\u914d\u91d1\u3092\u53d7\u3051\u53d6\u308a\u306a\u304c\u3089\u3001\u6642\u9593\u3092\u304b\u3051\u3066\u8cc7\u7523\u3092\u80b2\u3066\u308b\u9577\u671f\u6295\u8cc7\u304c\u57fa\u672c\u3067\u3059\u3002<\/p>\n<p>\u591a\u304f\u306e\u6210\u529f\u4e8b\u4f8b\u3067\u306f 10 \u5e74\u4ee5\u4e0a\u306e\u4fdd\u6709\u3092\u524d\u63d0\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u77ed\u671f\u7684\u306a\u4fa1\u683c\u5909\u52d5\u306b\u4e00\u559c\u4e00\u6182\u305b\u305a\u3001\u8170\u3092\u636e\u3048\u3066\u4fdd\u6709\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<h3>2. \u8907\u6570REIT \u306b\u3088\u308b\u5206\u6563\u6295\u8cc7\u3092\u5b9f\u8df5<\/h3>\n<p>1 \u3064\u306e REIT \u3060\u3051\u3067\u306a\u304f\u3001\u8907\u6570\u306e\u30bb\u30af\u30bf\u30fc\u306b\u6295\u8cc7\u3057\u3066\u30ea\u30b9\u30af\u3092\u3055\u3089\u306b\u5206\u6563\u3067\u304d\u307e\u3059\u3002\u914d\u7f6e\u4f8b\u3068\u3057\u3066\u306f\uff1a<\/p>\n<ul>\n<li>\u4f4f\u5b85\u7cfb REIT\uff1a40%<\/li>\n<li>\u30aa\u30d5\u30a3\u30b9\u7cfb REIT\uff1a30%<\/li>\n<li>\u7269\u6d41\u7cfb REIT\uff1a20%<\/li>\n<li>\u5546\u696d\u65bd\u8a2d\u7cfb REIT\uff1a10%<\/li>\n<\/ul>\n<p>\u7528\u9014\u5225\u306b\u30d0\u30e9\u30f3\u30b9\u3088\u304f\u914d\u5206\u3059\u308b\u3053\u3068\u3067\u3001\u7279\u5b9a\u30bb\u30af\u30bf\u30fc\u306e\u4e0d\u8abf\u306b\u5bfe\u5fdc\u3057\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<h3>3. \u5b9a\u671f\u7684\u306a\u898b\u76f4\u3057\u3068\u72b6\u6cc1\u78ba\u8a8d<\/h3>\n<p>\u5e74 1\uff5e2 \u56de\u306f\u4fdd\u6709 REIT \u306e\u72b6\u6cc1\u3092\u30c1\u30a7\u30c3\u30af\u3057\u307e\u3057\u3087\u3046\u3002\u78ba\u8a8d\u9805\u76ee\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\uff1a<\/p>\n<ul>\n<li>\u5206\u914d\u91d1\u306e\u63a8\u79fb<\/li>\n<li>\u7a3c\u50cd\u7387\u306e\u5909\u5316<\/li>\n<li>\u65b0\u898f\u7269\u4ef6\u53d6\u5f97\u306e\u72b6\u6cc1<\/li>\n<li>\u8ca1\u52d9\u72b6\u6cc1\uff08\u501f\u5165\u6bd4\u7387\u7b49\uff09<\/li>\n<\/ul>\n<p>\u554f\u984c\u304c\u898b\u3064\u304b\u3063\u305f\u5834\u5408\u306f\u3001\u4ed6\u306e REIT \u3078\u306e\u4e57\u308a\u63db\u3048\u3082\u691c\u8a0e\u3057\u307e\u3059\u3002<\/p>\n<h2>\u3088\u304f\u3042\u308b\u8cea\u554f\u3068\u56de\u7b54<\/h2>\n<h3>Q. REIT \u306e\u7a0e\u91d1\u306f\u3069\u3046\u306a\u308a\u307e\u3059\u304b\uff1f<\/h3>\n<p>A. REIT \u306e\u5206\u914d\u91d1\u306f\u914d\u5f53\u6240\u5f97\u3068\u3057\u3066\u8ab2\u7a0e\u3055\u308c\u307e\u3059\uff0820.315%\uff09\u3002\u305f\u3060\u3057 NISA \u53e3\u5ea7\u3067\u8cfc\u5165\u3059\u308c\u3070\u975e\u8ab2\u7a0e\u5316\u3067\u304d\u307e\u3059\u3002\u58f2\u5374\u76ca\u3082\u8b72\u6e21\u6240\u5f97\u3068\u3057\u3066\u8ab2\u7a0e\u5bfe\u8c61\u3067\u3059\u3002<\/p>\n<h3>Q. REIT \u304c\u5012\u7523\u3057\u305f\u3089\u3069\u3046\u306a\u308a\u307e\u3059\u304b\uff1f<\/h3>\n<p>A. REIT \u304c\u7834\u7dbb\u3057\u305f\u5834\u5408\u3001\u4fdd\u6709\u4e0d\u52d5\u7523\u3092\u58f2\u5374\u3057\u3066\u6295\u8cc7\u5bb6\u306b\u5206\u914d\u3055\u308c\u307e\u3059\u3002\u305f\u3060\u3057\u6295\u8cc7\u5143\u672c\u304c\u6cd5\u7684\u306b\u4fdd\u8a3c\u3055\u308c\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3060\u304b\u3089\u3053\u305d\u3001\u8ca1\u52d9\u304c\u5805\u7262\u306a REIT \u3092\u9078\u3076\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<h3>Q. \u6d77\u5916\u306e REIT \u306b\u3082\u6295\u8cc7\u3067\u304d\u307e\u3059\u304b\uff1f<\/h3>\n<p>A. \u306f\u3044\u3001\u53ef\u80fd\u3067\u3059\u3002\u30a2\u30e1\u30ea\u30ab\u3001\u30aa\u30fc\u30b9\u30c8\u30e9\u30ea\u30a2\u3001\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u306a\u3069\u69d8\u3005\u306a\u56fd\u306e REIT \u306b\u6295\u8cc7\u3067\u304d\u307e\u3059\u3002\u305f\u3060\u3057\u70ba\u66ff\u30ea\u30b9\u30af\u3084\u7a0e\u5236\u306e\u9055\u3044\u304c\u3042\u308b\u305f\u3081\u3001\u307e\u305a\u306f\u65e5\u672c\u306e REIT \u304b\u3089\u59cb\u3081\u308b\u3053\u3068\u3092\u304a\u52e7\u3081\u3057\u307e\u3059\u3002<\/p>\n<p>\u203b\u672c\u8a18\u4e8b\u306f2026-05-14\u6642\u70b9\u306e\u5236\u5ea6\u306b\u57fa\u3065\u304d\u307e\u3059\u3002\u6700\u65b0\u60c5\u5831\u306f\u56fd\u7a0e\u5e81\u30fb\u91d1\u878d\u5e81\u7b49\u306e\u516c\u5f0f\u30b5\u30a4\u30c8\u3067\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002<\/p>\n<h2>\u307e\u3068\u3081\uff1aREIT \u3067\u8ce2\u304f\u4e0d\u52d5\u7523\u6295\u8cc7\u3092\u59cb\u3081\u308b<\/h2>\n<p>REIT \u306f\u5c11\u984d\u304b\u3089\u3001\u624b\u9593\u3092\u304b\u3051\u305a\u306b\u4e0d\u52d5\u7523\u6295\u8cc7\u304c\u3067\u304d\u308b\u512a\u308c\u305f\u624b\u6bb5\u3067\u3059\u3002\u30d7\u30ed\u306e\u904b\u7528\u306b\u3088\u308a\u3001\u500b\u4eba\u3067\u306f\u624b\u304c\u5c4a\u304b\u306a\u3044\u512a\u826f\u7269\u4ef6\u3078\u306e\u6295\u8cc7\u304c\u5b9f\u73fe\u3057\u307e\u3059\u3002<\/p>\n<p>\u91cd\u8981\u306a\u306e\u306f\u3001REIT \u306e\u7279\u6027\u3068\u30ea\u30b9\u30af\u3092\u7406\u89e3\u3057\u305f\u4e0a\u3067\u3001\u81ea\u5206\u306e\u6295\u8cc7\u76ee\u7684\u306b\u5408\u3063\u305f\u9298\u67c4\u3092\u9078\u3076\u3053\u3068\u3067\u3059\u3002\u9577\u671f\u6295\u8cc7\u306e\u8996\u70b9\u3092\u6301\u3061\u3001\u30b3\u30c4\u30b3\u30c4\u7a4d\u307f\u7acb\u3066\u3066\u3044\u304f\u3053\u3068\u304c\u6210\u529f\u306b\u3064\u306a\u304c\u308a\u307e\u3059\u3002<\/p>\n<p>\u300c\u4e0d\u52d5\u7523\u6295\u8cc7\u306f\u6577\u5c45\u304c\u9ad8\u3044\u300d\u3068\u8003\u3048\u3066\u3044\u305f\u65b9\u3082\u3001REIT \u306a\u3089\u4eca\u65e5\u304b\u3089\u3067\u3082\u59cb\u3081\u3089\u308c\u307e\u3059\u3002\u307e\u305a\u306f\u5c11\u984d\u304b\u3089\u3001REIT \u3092\u901a\u3058\u3066\u4e0d\u52d5\u7523\u6295\u8cc7\u306e\u4e16\u754c\u306b\u8db3\u3092\u8e0f\u307f\u5165\u308c\u3066\u307f\u3066\u306f\u3044\u304b\u304c\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<hr>\n<p style=\"font-size:0.85em;color:#888;margin-top:2em;\">Photo by <a href=\"https:\/\/unsplash.com\/@jakubzerdzicki?utm_source=shimaken&#038;utm_medium=referral\" target=\"_blank\" rel=\"noopener nofollow\">Jakub \u017berdzicki<\/a> on <a href=\"https:\/\/unsplash.com\/?utm_source=shimaken&#038;utm_medium=referral\" target=\"_blank\" rel=\"noopener nofollow\">Unsplash<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>REIT\u306a\u3089\u6570\u4e07\u5186\u304b\u3089\u4e0d\u52d5\u7523\u6295\u8cc7\u304c\u59cb\u3081\u3089\u308c\u307e\u3059\u3002\u30d7\u30ed\u304c\u904b\u7528\u3059\u308b\u512a\u826f\u7269\u4ef6\u306b\u5206\u6563\u6295\u8cc7\u3067\u304d\u3001\u9762\u5012\u306a\u7ba1\u7406\u3082\u4e0d\u8981\u3002\u682a\u5f0f\u3068\u540c\u3058\u3088\u3046\u306b\u58f2\u8cb7\u3067\u304d\u308b\u6d41\u52d5\u6027\u306e\u9ad8\u3055\u3082\u9b45\u529b\u7684\u3002\u4f4f\u5b85\u7cfbREIT\u304b\u3089\u59cb\u3081\u3066\u3001\u9577\u671f\u7a4d\u7acb\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u80b2\u3066\u308b\u65b9\u6cd5\u3092\u8a73\u3057\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n","protected":false},"author":1,"featured_media":158,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_xw_keep_modified_date":false,"footnotes":""},"categories":[14,4],"tags":[219,160,222,221,220,223,225,75,224,186],"class_list":{"0":"post-159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-real-estate","8":"category-investment-basics","9":"tag-reit","10":"tag-160","12":"tag-221","13":"tag-220","14":"tag-223","15":"tag-225","16":"tag-75","17":"tag-224","18":"tag-186"},"xw_count_pv":"24","_links":{"self":[{"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/posts\/159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/comments?post=159"}],"version-history":[{"count":1,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/posts\/159\/revisions"}],"predecessor-version":[{"id":497,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/posts\/159\/revisions\/497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/media\/158"}],"wp:attachment":[{"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/media?parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/categories?post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shimaken.com\/golden\/wp-json\/wp\/v2\/tags?post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}