Portfolio Data

As of (19th Fiscal Period)

Leasable Area 1,049,641.69m²   Total Assets
(mn Yen)
224,749
Number of Lessees *1 64   Total Book Value (I)
(mn Yen)
210,342
Occupancy Ratio
Simple average
99.9%   Total Appraisal Value (II)
(mn Yen)
247,017
  Difference (II-I) *2
(mn Yen)
36,675
  • *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 DiversificationDecember 31, 2016

Asset Type (based on appraisal value)

Asset Type

Asset Type
[the number of properties]
Appraisal Value
(in millions)
%(*)
Infrastructure facilities [9] 87,846 35.6%
Logistics facilities [31] 119,691 48.5%
Manufacturing, research and development, and other non-logistics facilities [9] 39,480 16.0%
Total [49] 247,017 100.0%
  • *      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 [43] 12,346 86.0%
2 years or more but less than 10 years [16] 1,632 11.4%
Less than 2 years [5] 379 2.6%
Total [64] 14,357 100.0%
  • *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 13.2%
Sagawa Express Co., Ltd. 1,457 10.1%
JCB Co., Ltd. 730 5.1%
Osaka Gas Co., Ltd 661 4.6%
Kanden Properties Co., Ltd (*3)
Others (*3)
Total 14,357 100.0%
  • *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.