Portfolio Data

As of July 2017 (20th Fiscal Period)

Leasable Area 1,219,657.97m²   Total Assets
(mn Yen)
261,999
Number of Lessees *1 79   Total Book Value (I)
(mn Yen)
244,203
Occupancy Ratio
Simple average
99.9%   Total Appraisal Value (II)
(mn Yen)
286,807
  Difference (II-I) *2
(mn Yen)
42,604
  • *1 The total number of lessee is the sum of the number of lessees for each property.
  • *2 The difference between the total appraisal value and total book value is calculated by simple subtraction in millions.

Portfolio DiversificationJuly 31, 2017

Asset Type (based on appraisal value)

Asset Type

Asset Type
[the number of properties]
Appraisal Value
(in millions)
%(*)
Infrastructure facilities [9] 87,958 30.7%
Logistics facilities [39] 153,529 53.5%
Manufacturing, research and development, and other non-logistics facilities [11] 45,320 15.8%
Total [59] 286,807 100.0%
  • *      Percentage is expressed as a percentage of the aggregate appraisal value of the portfolio, rounded to the nearest tenth.

Lease Term (based on annual rents)

Lease Term

Lease Term
[the number of lessees]
(*1)
Annual Rent
(in millions)
(*2)
%
(*3)
10 years or more [50] 13,781 84.6%
2 years or more but less than 10 years [23] 2,029 12.5%
Less than 2 years [6] 480 2.9%
Total [79] 16,290 100.0%
  • *1    The aggregate number of lessees as indicated in each relevant lease agreement.
  • *2    Calculated as the aggregate anticipated monthly rent multiplied by twelve and rounded to the nearest million yen.
  • *3    Percentages indicate annual rent of the relevant properties expressed as a percentage of the aggregate anticipated annual rent of the portfolio, rounded to the nearest tenth.

Key Tenants (based on annual rents)

Key Tenants

Key Tenants Annual Rent
(in millions)
(*1)
%
(*2)
Japan Airlines Co., Ltd. 1,888 11.6%
Sagawa Express Co., Ltd. 1,721 10.6%
JCB Co., Ltd. 730 4.5%
Osaka Gas Co., Ltd 661 4.1%
Toshiba Logistics Corporation (*3)
Others (*3)
Total 16,290 100.0%
  • *1    Calculated as the aggregate anticipated monthly rent multiplied by twelve and rounded to the nearest million yen.
  • *2    Percentages indicate annual rent expressed as a percentages of the aggregate annual rent of all tenants,rounded to the nearest tenth.
  • *3    Tenant has not agreed to the disclosure of the annual rent and its percentage.