Two J-REITs stand out for the pros: Nippon Prologis REIT (logistics) and Global One Real Estate Investment Corporation (office). Nippon Prologis REIT features a large market cap and asset base, about 40% leverage, and aims to sell about 10 billion yen of properties annually, with an unrealized gains rate around 40%, plus strong foreign-backed sponsorship. Global One REIT is backed by sponsors such as Meiji Yasuda Life and MUFG, has shifted to upgrade to prime office assets since 2022, aims to raise rents, and offers a dividend yield in the mid-5% range. The piece also explains J‑REIT basics: investing in real estate via listed trusts, with metrics like dividend yield, NAV multiple, sponsor quality, and market cap, while noting that unusually high yields may signal issues and NAV below 1 can indicate a value opportunity.