Please find attached the property portfolio information of Astro Japan Property Group as at 30 June 2011.

Transcription

1 ASX/Media Release 3 August 20 AJA PROPERTY PORTFOLIO AT 30 JUNE 20 Please find attached the property portfolio information of Astro Japan Property Group as at 30 June 20. ENDS Investor & Media Enquiries: Eric Lucas John Pettigrew Senior Advisor Chief Financial Officer Phone: (Australia) Phone: (Japan) About Astro Japan Property Group (AJA) Astro Japan Property Group is a listed property group which invests in the Japan real estate market. It currently holds interests in a portfolio comprising 4 retail, office and residential properties. Asset management services in Japan are generally undertaken by Spring Investment Co., Ltd. AJA is a stapled entity comprising Astro Japan Property Trust (ARSN ) and Astro Japan Property Group Limited (ABN ). For further information please visit our website:

2 AJA Property Portfolio As at 30 June 20

3 Portfolio Overview Carrying Value Trust share of net Property Location Prefecture Jun - 20 rentable area Actual Actual portfolio billions (sqm) Jun - Jun - 0 Office JN Kanagawa prefecture - Yokohama Greater Tokyo % 0, % 96.5% Ginza Dowa Central Tokyo - Chuo ward, Ginza Central Tokyo % 6, % 68.5% Osaka No.4 Osaka prefecture - Osaka Greater Osaka % 3, % 95.7% Osaka No.3 Osaka prefecture - Osaka Greater Osaka % 8, % 8.3% Yamashitacho Kanagawa prefecture - Yokohama Greater Tokyo % 5, % 76.9% Higashi Totsuka Kanagawa prefecture - Yokohama Greater Tokyo.8.8% 5, % 93.7% Forest Kita Aoyama Central Tokyo - Minato ward, Kita Aoyama Central Tokyo.4.4% 998 Takadanobaba Central Tokyo - Shinjuku ward, Takadanobaba Central Tokyo.4.4% 2, % 5.% Sun Ace Tokugawa Aichi prefecture - Nagoya Aichi.4.3% 6, % 49.6% OS Tsukiji Central Tokyo - Chuo ward, Tsukiji Central Tokyo.3.3% 2, % 86.5% Prime Kanda Central Tokyo - Chiyoda ward, Kanda Sudacho Central Tokyo.2.2%,680 Asakusa Tokyo - Taito ward, Komagata Greater Tokyo.2.2% 2,047 Shiba Daimon Central Tokyo - Minato ward, Shiba Daimon Central Tokyo % 970 Daikanyama Takara Tokyo - Meguro ward, Kami Meguro Greater Tokyo % % 75.8% Akabane Tokyo - Kita ward, Akabane Greater Tokyo %, % FT Nihombashi Central Tokyo - Chuo ward, Nihombashi Hisamatsucho Central Tokyo %, % 83.3% Yotsuya KD Central Tokyo - Shinjuku ward, Yotsuya Central Tokyo %,97 6.4% Sun No.5 Central Tokyo - Chuo ward, Nihombashi Muromachi Central Tokyo % 80 Retail Kawasaki Dice Kanagawa prefecture - Kawasaki Greater Tokyo 2.3.9% 2, % 99.3% Konan Home Centre Chiba prefecture - Ichikawa Greater Tokyo % 48,89 Shinjuku Fuji Central Tokyo - Shinjuku ward, Nishi Shinjuku Central Tokyo %,476 Mukomachi Saty Kyoto prefecture - Muko Greater Osaka % 22,528 Shibuya Konami Central Tokyo - Shibuya ward, Shinsencho Central Tokyo % 4,993 Susono Shizuoka prefecture-susono Shizuoka % 2,32 Matsudo Nitori Chiba prefecture - Matsudo Greater Tokyo % 8,946 Ginowan Okinawa prefecture -Ginowan Okinawa 2.0.9% 0, % Tsudanuma Chiba prefecture - Narashino Greater Tokyo 2.0.9%,840 Sapporo Co-op Hokkaido prefecture - Kitahiroshima Hokkaido.6.5% 2,209 Sapporo Toys 'R' Us Hokkaido prefecture - Sapporo Hokkaido.6.5% 6,63 Sapporo Ai Hokkaido prefecture - Sapporo Hokkaido.5.5% 3, % 97.0% Harajuku Bell Pier Central Tokyo - Shibuya ward, Jingumae Central Tokyo.5.5% % Motomachi Kanagawa prefecture - Yokohama Greater Tokyo.5.4%,586 Round One Amagasaki Hyogo prefecture - Amagasaki Greater Osaka.3.3% 5,256 Round One Nara Nara prefecture - Nara Greater Osaka.0.0% 5,57 Kajicho Ekimae Central Tokyo - Chiyoda ward, Kajicho Central Tokyo % % Yoshikawa Saitama prefecture -Yoshikawa Greater Tokyo %, % 99.0% Residential Tosabori Osaka prefecture - Osaka Greater Osaka %,549 Sekijomachi Fukuoka prefecture - Fukuoka Fukuoka % 0,755 G-Clef Kamata Tokyo - Ota ward, Nishi Kamata Greater Tokyo.6.6% 3,30 Prime Stay Tsukiji Central Tokyo - Chuo ward, Tsukiji Central Tokyo %, % 8.7% Nishi Kasai Tokyo - Edogawa ward, Nishi Kasai Greater Tokyo %,490 2

4 Office JN Multi-tenant office building Dec Sep %,687 3,048 0, % Yokohama 3, Otamachi, Naka-ku Yokohama-shi, Kanagawa Approximately 400 metres (a five minute walk) from Kannai station on the JR Keihin Tohoku lines City of Yokohama Bab-Hitachi HSBC Usen Toppan Forms Other - 3 tenants 29.6% 2.% 6.0% 8.% 7.9% 7.3% The JN property is a 4 storey office property completed in September It faces a major road (Kannai Odori) in the central business district of Yokohama, which is approximately 30 minutes by train from central Tokyo. 3

5 Office Ginza Dowa Trust s share NRA (square metres) Kyodo PR Valic Seven-Eleven Taiju Soken / Kaikoukai Sun M Creation Other - 9 tenants Apr Sep %,62,926 6, % Fixed non-cancellable¹ Fixed cancellable 0 year lease. The lease is non-cancellable for the first year (until August 20). 4.3% 2.0% 5.3% 5.% 4.6% 3.8% Multi-tenant office building with some retail tenants Chuo Ward , Ginza Chuo-ku, Tokyo Approximately 240 metres (a three minute walk) from Ginza station on the Tokyo Metro Marunouchi, Ginza and Hibiya lines. The Ginza Dowa property is a ninestorey plus basement level office building located in Ginza. It has a corner location facing Ginza Corridor Street, one of the better known Ginza streets. 4

6 Office Osaka No. 4 Sep Aug % 8,439 4,2 3, % ¹ AJA's interest in this property comprises a condominium interest in eight floors (7, 8, 8 and 2 to 25). AJA's interest is the largest individual lot in the condominium association. The Trust holds ownership equivalent to 4.7 8,439 sqm of the land. Nippon Travel Sumitomo Life Insurance Xymax Axis NTT Marketing Dimple Other - 46 tenants 0.% 7.9% 7.7% 6.3% 5.4% 62.7% Multi-tenant office building Osaka CBD -, Umeda, Kita-ku Osaka-shi, Osaka Approximately 80 metres (a one minute walk) from Higashi-Umeda station on Tanimachi line and approximately 400 metres (a five minute walk) from JR Osaka station. The Property is a 25 storey building located in the centre of Osaka near JR Osaka station. It is connected to JR Osaka and other subway stations via a recently renovated underground shopping arcade which contains a number of retail stores and restaurants. 5

7 Office Osaka No. 3 Sep Sep % 0,342 2,537 8, % ¹ AJA's interest in this property comprises a condominium interest in five floors (7, 8, 28, 30 and 3). AJA's interest is the largest individual lot in the condominium association. The Trust holds ownership equivalent to 6.7 0,342 sqm of the land. Multi-tenant office building Osaka CBD -, Umeda, Kita-ku Osaka-shi, Osaka Approximately 80 metres (a one minute walk) from Kita-Shinchi station on JR Tozai line and approximately 400 metres (a five minute walk) from JR Osaka station. Nihon Jutaku Ryutsu Sumitomo Life Insurance Novac Sumitomo Real Estate Sales Seiwa Jyuku Other 40 tenants 3.2 % 7.4% 6.8% 5.5% 4.7% 62.3% The Property is a 34 storey building located immediately adjacent to Osaka Ekimae No. 4 in the centre of Osaka near JR Osaka station. It is connected to JR Osaka and other subway stations via a recently renovated underground shopping arcade which contains a number of retail stores and restaurants. 6

8 Office Yamashitacho Trust s share NRA (square metres) May Oct %,3,665 5, % Multi-tenant office/retail building Yokohama 273, Yamashitacho, Naka-ku Yokohama-shi, Kanagawa Approximately a five minute walk from Ishikawacho station on the JR Negishi line. Nihon Chouzai Cornes & Company Seven-Eleven Japan Factory Japan Panasonic Consumer Marketing Other tenant Fixed non-cancellable non-cancellable % 7.9% 5.6% 4.3% 4.0% 0.4% Yamashitacho is located in Yokohama City in the Kanagawa prefecture, approximately 30 kilometres south of Tokyo. The property is close to the Kanagawa prefectural government offices, China Town, Yokohama Stadium and Motomachi shopping street. 0 year lease. The lease is non-cancellable for the initial five years (until October 205). 2 2 year lease (automatically renewed). The lease is non-cancellable until August

9 Office Higashi Totsuka Multi-tenant office building Apr Feb %,582,76 5, % Yokohama 90-6, Kawakamicho, Totsuka-ku Yokohama-shi, Kanagawa Approximately 80 metres (a one minute walk) from Higashi Totsuka station on the JR Yokosuka line. NTT Advanced Technology Misawa Homes Tokyo KDDI Daio Paper noncancellable¹ 2 year lease (automatically renewed). The leases are non-cancellable until March % 29.6% 4.4% 3.5% The Higashi Totsuka property is an -storey office building with 38 parking lots at basement level. The property is adjacent to the Higashi Totsuka JR station, which is the second station eight kilometres south from Yokohama station on the Yokosuka line and 37 kilometres from central Tokyo. 8

10 Office Forest Kita Aoyama Single-tenant office building Apr Apr % Minato Ward 3-0-3, Kita Aoyama Minato-ku, Tokyo Approximately 50 metres (a one minute walk) from Omotesando station served by Tokyo Metro Ginza, Chiyoda and Hanzomon lines. Telecom Staff Signed 6 year lease starting from July 20. The lease is non-cancellable for the initial two years (until June 203). The Forest Kita Aoyama property is located in the heart of the fashion and design area of Kita Aoyama in the Minato ward of central Tokyo. The building is a modern threestorey (plus basement and attic) office building with four car parking spaces. 9

11 Office Takadanobaba Multi-tenant office/retail building Trust s share NRA (square metres) Mar Mar %, , % Shinjuku ward 3-2-2, Takadanobaba Shinjuku-ku, Tokyo Takadanobaba is a four-storey building with two basement levels located close to the Takadanobaba station, a busy rail hub in central Tokyo approximately seven kilometres from Tokyo station. Royal Holdings Nichinoken Chino Tosei Corporation Fixed non- cancellable¹ 35.8% 35.7% 8.5% 0.0%.5 year lease. The lease is non-cancellable during the term (until June 202). 0

12 Office Sun Ace Tokugawa Multi-tenant office building Toyo Ink Mfg Hokusho Nippon Life Insurance Sanyo Consumer Electric Okamoto Other tenants Jan Mar %,953,886 6, % noncancellable¹ 5.2% 2.8% 2.6% 9.3% 7.4% 42.8% Nagoya -90, Tokugawa, Higashi-ku Nagoya-shi, Aichi Sun Ace Tokugawa is located in Nagoya, the fourth largest city in Japan, with a population of approximately 2.3 million. Nagoya is a major industrial centre located in central Japan. 2 year lease (automatically renewed). The lease is non-cancellable until March 202.

13 Office OS Tsukiji Japan News Agency Scandex Sadamatsu Tokyo Recording Freerun Other 2 tenants Dec Jul % , % 32.2% 9.2% 7.8% 6.%.5% 3.2% Multi-tenant office/retail building Chuo ward 4-4-2, Tsukiji Chuo-ku, Tokyo OS Tsukiji is an eight-floor office building located in the Tsukiji area of central Tokyo, immediately to the east of the Ginza area. The property is located close to three subway stations, Higashi Ginza station on the Hibiya line, Tsukiji station on the Hibiya line and Tsukiji Shijo station on the Toei Oedo line. The Tsukiji Shijo, one of the major wholesale markets in metropolitan Tokyo, is located three minutes from the property. 2

14 Office Prime Kanda Kindaieigasha Diesel United Yokogawashikaden Tokai Optical Nippon Telecomm. Network Other 2 tenants Jan Aug % ,680 ¹ This is a condominium property. The,680 sqm of NRA represents 00 the Trust's interest in level B and 4F to 0F. The Trust holds ownership equivalent to sqm of the land. 7.4% 6.5% 3.8% 3.8% 3.8% 24.8% Multi-tenant office building Chiyoda ward 2-8-2, Kanda Sudacho Chiyoda-ku, Tokyo Approximately 50 metres (a one minute walk) from Iwamotocho station on the Shinjuku subway line Prime Kanda, constructed in 990, is a medium-sized, multi-tenant office building comprising 0 levels with basement. It is located in central Tokyo in the Kanda district, an area with a mix of small to medium-sized office and mixed-use buildings. 3

15 Office Asakusa Feb Sep % ,047 Single-tenant office/retail building Taito ward -3-8, Komogata Taito-ku, Tokyo Asakusa is an eight-floor office property with one basement level, and is leased to a single tenant on a fixed non-cancellable lease for 0 years. Bekkoame Internet Fixed non-cancellable ¹ 0 year lease. The lease is non-cancellable during the term (until February 206). 4

16 Office Shiba Daimon Infomart Ichirokudo Apr Mar % ¹ This is a condominium property. The 969 sqm of NRA represents 00 the Trust's interest in level B, F, 4F and 5F. The Trust holds ownership equivalent to sqm of the land. 69.2% 30.8% Multi-tenant office/retail/residential building Minato ward -6-3, Shiba Daimon Minato-ku, Tokyo Approximately 00 metres (a two minute walk) from Daimon station on the Tokyo Metro Asakusa line. The Shiba Daimon property is located on a major arterial road route 5 in the Minato ward of central Tokyo, with a significant concentration of modern office accommodation. The property is in close proximity to a number of rail and subway links and food and beverage stores. 5

17 Office Daikanyama Takara Mother Enterprise CYP Jan Apr % % noncancellable¹ 2-year lease (automatically renewed). The lease is non-cancellable until January % 36.3% Multi-tenant office building Meguro ward -3-2, Kami-Meguro Meguro-ku, Tokyo Approximately 250 metres (a four minute walk) from Naka Meguro station on the Hibiya subway line and 450 metres (a six minute walk) from Daikanyama station on the Tokyu Toyoko line. Daikanyama Takara is a multitenant office building comprising four levels. It is in a prime location between two busy stations. Daikanyama is a vibrant, fashionable area, one train stop from the major hub of Shibuya in central Tokyo. 6

18 Office Akabane Multi-tenant office building Jan Jun % Kita ward -6-7, Akabane Kita-ku, Tokyo , % Approximately 30 metres (a two minute walk) from Akabane station on the JR Keihin Tohoku line and other JR lines. Eikoh Mini Stop Private Individual Shimizu Sangyo Health Life Corporation Other tenant 26.9% 9.8% 4.2% 4.2% 2.7% 2.2% Akabane is an eight-level office building, well located in the Akabane commercial centre, very close to the railway station. The property has a convenience store on the ground level and office tenants on the upper levels. 7

19 Office FT Nihombashi Jan Oct % , % ¹ This is a condominium property. The,82 sqm of NRA represents 00 the Trust's interest in level 3F to 8F. The Trust holds ownership equivalent to sqm of the land. Multi-tenant office building Chuo ward 0-6, Nihombashi Hisamatsucho Chuo-ku, Tokyo Approximately 250 metres (a three minute walk) from Higashi Nihombashi station on the Asakusa subway line. Oriental Bio Coloplast Libero Private Individual 40.6% 20.4% 20.3% 8.6% FT Nihombashi is a multi-tenant office building with nine levels. It is located in the Nihombashi district in central Tokyo, in an area dominated by small to medium-sized businesses. 8

20 Office Yotsuya KD Apr Feb % ,97 6.4% Multi-tenant office/residential building Shinjuku ward , Yotsuya Shinjuku-ku, Tokyo Approximately 470 metres (a six minute walk) from Shinjuku Gyoenmae station on the Tokyo Metro Marunouchi line. LUX Ito Fujita Patent Office Equal Design Kokoronokai Rams Other - tenant 24.2% 23.3% 22.5% 3.5% 8.3% 8.2% Yotsuya KD is a small multi-tenant office building comprised of nine floors and a basement. The ground floor to the seventh floor is leased as offices and the top two floors comprise two residential units. 9

21 Office Sun No. 5 ¹ Apr May % Multi-tenant office/retail building Chuo ward 4-2-7, Nihombashi Muromachi Chuo-ku, Tokyo Approximately 250 metres (a three minute walk) from Kanda station on the JR line. ¹ The land is leased Ramura Kamihisa Nakamura Kosha Chris Land Ashima Other 3 tenants 27.4% 2.5% 2.3% 2.% 0.5% 25.% The Sun No. 5 property is a small, multi-tenant office / retail building. The property is adjacent to the Muromachi / Honcho office areas, where the head office of the Bank of Japan and the main store of the Mitsukoshi department store chain are located. 20

22 Retail Kawasaki Dice 48% Mar 05 & Dec Aug % 4,475 3,649 2, % ¹ The Trust holds a 48% interest in Kawasaki Dice, which is a condominium interest equivalent to 89.6 the building and 87 the land. Multi-tenant (retail, cinema, restaurant, entertainment) building Kawasaki 8, Ekimaehoncho, Kawasaki-ku Kawasaki-shi, Kanagawa Approximately 250 metres (a three minute walk) from Kawasaki JR station and approximately 80 metres (a one minute walk) from Keikyu-Kawasaki station of Keikyu line. Best Denki Matahari TOHO Cinemas Aoi Shoten Tokyu Hands Other 4 tenants non-cancellable 2 non-cancellable 3 Fixed non-cancellable 4 Fixed non-cancellable year lease. The lease is non-cancellable during the term (until August 203) year lease. The lease is non-cancellable for the initial 0 years (until August 203) year lease. The lease is non-cancellable during the term (until August 2023). 5 0 year lease. The lease is non-cancellable during the term (until August 203). 32.7% 28.0% 0.3% 0.0% 7.7%.3% Kawasaki Dice is a large scale ( floors above ground plus two basement levels) multi-tenant retail, cinema, restaurant and entertainment complex 2

23 Retail Konan Home Centre Toyota Tsusho Corporation / Konan Shoji Apr Mar % 83,40 4,768 48,89 Fixed noncancellable ¹ The property is leased to Konan Shoji on a 20 year lease. For the first 2 years (until March 207) the master lessee under a non-cancellable Fixed Term Lease is Toyota Tsusho Corporation pursuant to which Toyota Tsusho subleases to Konan Shoji. From the end of the 2 year master lease term the lease is directly with Konan Shoji. Single-tenant retail home centre and speciality stores Ichikawa , Baraki Ichikawa-shi, Chiba Located close to the expressway, approximately 720 metres (a nine minute walk) from Futamata Shinmachi station on the JR Keiyo Line and 20 minutes by car from the centre of Tokyo. The Konan Home Centre is a large scale retail complex comprising a home centre with additional speciality shops (consumer electronics, supermarket, shoe store, variety goods and a gas station). It is leased to a single tenant through to March

24 Retail Shinjuku Fuji Jan Jun % ,476 Multi-tenant retail building Shinjuku -6-4, Nishi Shinjuku Shinjuku-ku, Tokyo Approximately 270 metres (a four minute walk) from JR Shinjuku station. Gaia Watami Saizeriya Interbrains MI Foods System Fixed non-cancellable Fixed non-cancellable % 2.9%.3% 3.3%.5% Shinjuku Fuji is located in a prime position in the Nishi (west) Shinjuku district of central Tokyo adjacent to the Shinjuku station, the busiest commuter train station in Japan. The building comprises six floors above ground and two basement levels. 5 year lease. The lease is non-cancellable for the initial seven years (until July 202). 2 0 year lease. The lease is non-cancellable during the term (until June 202). 23

25 Retail Mukomachi Saty Aeon Retail* Nov Sep 70/Nov 8/ Apr 97 3.% non-cancellable,690 6,85 22,528 6 year lease. The lease in non-cancellable for the initial seven years (until June 202). * Tenant name has changed from Mycal due to merger. Single-tenant retail building Kyoto 5 Kotsukuda, Teradocho Muko-shi, Kyoto Approximately 70 metres (a 3 minute walk) from Higashi Muko station on Hankyu Kyoto line and 630 metres (an 8 minute walk) from JR Mukomachi station. Mukomachi Saty is a single-tenant, six-level shopping centre, including machinery room on 5th and 6th floor, with car parking located in Muko, six kilometres southwest of central Kyoto. 24

26 Retail Shibuya Konami Konami Sports & Life Aug May % 756,50 4,993 non-cancellable 0 year lease. The lease in non-cancellable for the initial five years (until March 204). Single-tenant fitness club Shibuya ward 8-, Shinsencho Shibuya-ku Tokyo Approximately 350 metres (a five minute walk) from Shinsen Station on the Keio Inokashira line. The property is facing Yamate dori. Shibuya Konami is a nine-storey, single tenant fitness club with two basement/parking floors. Located within walking distance from central Shibuya, one of the busiest retail districts in Tokyo. 25

27 Retail Susono Jan Jun % 8,859 3,727 2,32 Multi-tenant retail building Susono 89- aza, Nakahata Sano, Susono-shi, Shizuoka Approximately 400 metres (a five minute walk) from Susono station on the JR Gotemba line. Gourmet City Kanto Aeon Kimisawa MY Communications Shizuoka Labor Bureau non-cancellable non-cancellable 2 non-cancellable % 38.2%.2%.0% Susono is a four-storey retail building located close to the railway station in Susono, Shizuoka. 20 year lease. The lease is non-cancellable during the term (until June 204) year lease. The lease is non-cancellable during the term (until June 204) year lease. The lease is non-cancellable for the initial three years (until March 204). 26

28 Retail Matsudo Nitori Nitori Oct Sep % 3,573 2,706 8,946 non-cancellable ¹20 year lease. The lease in non-cancellable during the term (until September 2024). Single-tenant retail building Matsudo 230-7, Matsudo Matsudo-shi, Chiba Approximately.2 kilometres (a 5 minute walk) from Matsudo station on the JR Joban line. The property is facing Route 6. Matsudo Nitori is a five-storey retail building completed in September 2004 and occupied by a single tenant. It is located in a densely populated area, Matsudo in Chiba, east of Central Tokyo. 27

29 Retail Ginowan Fun Field Daiso Sangyo Uniqlo Melaleuca of Japan Aeon Ryukyu Other 3 tenants Aug Jan % 22,300 3,92 0,55 Fixed non-cancellable non-cancellable 2 4.3% 2.6% 2.3%.5%.4% 37.9% Multi-tenant retail building Ginowan 7-6-, Oyama Ginowan-shi, Okinawa Ginowan is a roadside shopping centre comprising four buildings (each of one or two storeys) located in Ginowan, Okinawa. It has a variety of specialty retailers including MaxValu, Uniqlo, Shimamura, Shoe Plaza and Daiso. 3 year lease. The lease in non-cancellable during the term (until January 204). 2 3 year lease. The lease is non-cancellable during the term (until November 203). 28

30 Retail Tsudanuma Apr Feb % Multi-tenant retail building Narashino --4, Tsudanuma Narashino-shi, Chiba ,840 Approximately 50 metres (a one minute walk) from JR Tsudanuma station on the JR Sobu line. Segami Medics Jonathan s Chiba Red Cross Blood Centre Manboo Monteroza Fixed non-cancellable 29.3% 9.5% 7.9% 7.9% 5.4% A six-storey retail building located in the middle of a busy retail area in the Chiba prefecture, east of Tokyo. 0 year lease. The lease in non-cancellable during the term (until January 208). 29

31 Retail Sapporo Co-op Multi-tenant retail building Aug Apr % 5,53 3,693 2,209 Kitahiroshima -4-, Sakaecho Kitahiroshima-shi, Hokkaido Approximately 500 metres (a seven minute walk) from Kitahiroshima station on JR Chitose line. Co-op Sapporo Pandora Fun Field Shichifuku Shoji non-cancellable Fixed non-cancellable 2 Fixed non-cancellable % 3.%.2% 0.3% Sapporo Co-op is a large scale retail complex comprising a general merchandise store and amusement arcade. It is located in Kitahiroshima, a suburb of greater Sapporo. 0 year lease. The lease in non-cancellable during the term (until November 202). 2 year lease. The lease is non-cancellable during the term (until May 202). 3.5 year lease. The lease is non-cancellable during the term (until November 20). 30

32 Retail Sapporo Toys R Us Toys R Us Japan Daiya Shobo Jan Jun 993/Jan %/4.2% non-cancellable 8 year lease. The lease is non-cancellable during the term (until January 204). 3,223,865 6, % 22.3% Two retail buildings Sapporo 3-3-, Hassamu 4-jo Nishi-ku, Sapporo-shi, Hokkaido Approximately.2 kilometres (a 5 minute walk) from JR Hassamu Chuo station, approximately nine kilometres from central Sapporo, Hokkaido. Sapporo Toys R Us comprises a two-building retail complex. It is located in Sapporo, the prefectural capital of Hokkaido, the northernmost main island of Japan. 3

33 Retail Sapporo Ai Multi-tenant retail building Sep Oct % , % Sapporo -2, Kita-4 Nishi-2 Chuo-ku, Sapporo-shi, Hokkaido Located adjacent to Sapporo Station and linked via an underground walkway. KN Sanko OCC Ree Pro Collaboration & Action Marui Other 6 tenants Fixed cancellable Fixed cancellable 35.7% 5.2% 2.6% 8.3% 6.8% 2.4% Sapporo Ai is an eight storey retail centre with three basement floors situated in the Sapporo CBD near JR Sapporo station, one of the busiest retail areas on Hokkaido Island. 32

34 Retail Harajuku Bell Pier Multi-tenant retail building Apr Jan % Shibuya ward 6-6-2, Jingumae Shibuya-ku, Tokyo Located approximately 200 metres (a three minute walk) from Meiji- Jingumae station on the Tokyo Metro Chiyoda line. M & T Consul Baycrews Private Individual Green Stamp Carmine Other 4 tenants 24.9% 5.3% 4.5%.5%.4% 22.5% Harajuku Bell Pier is a multi-tenant retail building completed in It is located in the Harajuku / Omotesando retail area of central Tokyo, the heart of youth and design culture in Tokyo. 33

35 Retail Motomachi Apr Jun % ,586 Multi-tenant retail building with some office tenants Yokohama 4-68, Motomachi, Naka-ku Yokohama-shi, Kanagawa Approximately 350 metres (a five minute walk) from Ishikawacho station on the JR Negishi line and Motomachi-Chukagai station on the Minatomirai line. Louis Vuitton Joyful Maruyama DC Kenwakai Medical Centre Private Individual Other 2 tenants Fixed non-cancellable 69.% 8.9% 8.8% 4.0% 3.3% 6.0% The Motomachi property is a prime retail building anchored by Louis Vuitton, located in the centre of Yokohama s leading upmarket specialty retail street, Motomachi. 0 year lease. The lease in non-cancellable during the term (until September 20). Cancellation notice received to terminate in September

36 Retail Round One Amagasaki Round One Sep Sep % 3,590,590 5,256 non-cancellable 20 year lease. The lease in non-cancellable during the term (until May 208). Single-tenant retail (amusement) Amagasaki , Nishi Namba Amagaski-shi, Hyogo Located approximately 700 metres (a nine minute walk) from Hanshin Deyashiki station. Round One Amagasaki is a single tenant retail building over six levels. It is located on Route 2 in Amagasaki, west of Central Osaka 35

37 Retail Round One Nara Sep Jul % 2,989,560 5,57 Single-tenant retail (amusement) Nara 7--43, Shin Omiya Nara-shi, Nara Located approximately 640 metres (an eight minute walk) from Shin Omiya station of Kintetsu line. Round One non-cancellable Round One Nara is a single tenant retail building with six levels. It is located on Route 369 in Nara, 50 minutes by train from Osaka. 8 year lease. The lease in non-cancellable during the term (until April 206). 36

38 Retail Kajicho Ekimae Multi-tenant retail building Jan Nov % Chiyoda ward Kajicho Chiyoda-ku, Tokyo Approximately 00 metres (a two minute walk) from Kanda station on the JR and Ginza subway lines. Watami Ootoya Reins Colowide East Japan 39.2% 24.4% 22.5% 3.9% Kajicho Ekimae is a five-level multitenant property. All floors are occupied by restaurants. 37

39 Retail Yoshikawa Jun Oct % 9,36 3,504, % Multi-tenant retail building Yoshikawa 58-, Sakae-cho Yoshikawa-shi, Saitama Approximately 4 kilometres from Yoshikawa station on the JR Musashino line. Kasumi HIC Sanki Let s Consulting Daiso Sangyo Other 2 tenants Fixed non-cancellable Fixed non-cancellable 2 Fixed non-cancellable % 8.2% 8.0% 6.5% 6.5% 25.9% The property is a local neighbourhood shopping centre located in Yoshikawa in Saitama, approximately 30 kilometres north of Tokyo. The property was renovated in June year lease. The lease is non-cancellable during the term (until August 206). 2 0 year lease. The lease is non-cancellable during the term (until September 207). 3 0 year lease. The lease is non-cancellable until May

40 Residential Tosabori Takuto Kanri Dec Sep %,86 3,494,549 Fixed non-cancellable 7 year lease. The lease in non-cancellable during the term (until December 204). Residential building Osaka CBD 3-3-2, Tosabori, Nishi-ku Osaka-shi, Osaka A 5 storey residential building, completed in September 2007 and master-leased to a single tenant. It is located in a predominately residential area known as Tosabori within central Osaka and comprises 8 studio, 59 one-bedroom, 24 two-bedroom, three-bedroom and 2 four-bedroom apartments. 39

41 Residential Sekijomachi Jikei Space Sep Mar % 3,54 3,253 0,755 Residential building Fukuoka 2 Sekijomachi, Hakata-ku Fukuoka-shi, Fukuoka Sekijomachi is a seven storey building comprising 302 onebedroom apartments designed for student accommodation. It is located in Fukuoka, the largest city in Kyushu (the southern most main island of Japan) with a population of.5 million (Japan s 7th largest city) Cancellable only when the lessor agrees and lessee forfeits the tenant deposit. 40

42 Residential G-Clef Kamata Kobe Steel Jan Jan %,690,00 3,30 Fixed non-cancellable 5 year lease. The lease is non-cancellable during the term (until September 202). Residential building Ota ward 4-5-, Nishi-kamata Ota-ku, Tokyo Approximately 5 kilometres south of Tokyo station and 730 metres (a ten minute walk) from Kamata station on JR Keihin Tohoku line. G-Clef Kamata, in the Kamata area south of central Tokyo, comprises 84 one-room residential units (small studio type rooms of approximately 24 square metres). Kamata, between Tokyo and Kawasaki, is part of a major industrial centre so there are many apartment complexes for industrial workers in the area. 4

43 Residential Prime Stay Tsukiji Multi-tenant residential building Jan Jun % , % Chuo ward 3-3-, Tsukiji Chuo-ku, Tokyo Approximately 90 metres (a three minute walk) from Tsukiji station on the Hibiya subway line. ¹ This is a condominium property. The,226 sqm of NRA represents 00 the Trust's interest in level 3F to F. The Trust holds ownership equivalent to sqm of the land. Mitchubishi Jisho House Net Little Okinawa Overseas Y.K. Corporation Nikkei I.N.T. ILC Other - 32 tenants 7.7% 4.4% 6.3% 4.8% 3.2% 53.6% Prime Stay Tsukiji is an -storey multi-tenant residential property. It is located in a quiet street, adjacent to the Tsukiji Honganji Temple. 42

44 Residential Nishi Kasai Jan Nov % ,490 Residential building Edogawa ward 2-8-4, Nishi Kasai Edogaw-ku, Tokyo Approximately 930 metres (a 2 minute walk) from Nishi Kasai station on the Tozai subway line. Arealink non-cancellable 5 year lease. The lease is non-cancellable for the initial three years (until January 202). Nishi Kasai is a five-storey residential building. It comprises 65 one-room apartment units. Nishi Kasai is mainly a residential and light industrial area, located less than eight kilometres east of Tokyo station. 43