Investor Presentaiton
Appraisal Value
Value (1/5)
Nippon
Accommodations
Fund
33rd Period
34th Period
Change from Previous Period
No.
Property Name
1 Okawabata Apartment Communities
Acquisition
Price
(JPY mn)
Book Value
(JPY mn)
Appraisal Value
(JPY mn)
Appraisal
Appraisal
Profit/Loss
Appraisal
Appraisal
Book Value
Appraisal Value
Appraisal
Appraisal
Profit/Loss
Cap Rate
(JPY mn)
(JPY mn)
Cap Rate
Cap Rate
(JPY mn)
(JPY mn)
30,816
32,194
33,500
3.4%
1,305
32,113
33,600
3.4%
1,486
2 Park Axis Gakugei Daigaku
1,760
1,459
2,430
3.3%
970
1,458
2,430
3.3%
971
4 Park Axis Shibuya Jinnan
3,230
2,845
3,980
3.2%
1,134
2,837
3,980
3.2%
1,142
-
5 Park Axis Aoyama Kotto Dori
1,730
1,518
2,240
3.2%
721
1,518
2,250
3.2%
731
Profit/Loss
(JPY mn)
181
1
8
10
6 Park Axis Kagurazaka Stage
1,400
1,207
1,910
3.6%
702
1,203
1,960
3.5%
756
▲ 0.1%
54
7 Park Axis Shirokanedai
5,140
4,548
6,800
3.4%
2,251
4,541
6,980
3.3%
2,438
▲ 0.1%
187
8 Park Axis Bunkyo Stage
4,440
3,866
6,310
3.6%
2,443
3,855
6,460
3.5%
2,604
▲ 0.1%
160
9 Park Axis Tsukishima
10 Park Axis Otsuka
930
784
1,450
3.4%
665
781
1,470
3.4%
688
23
1,655
1,408
2,240
3.7%
831
1,406
2,320
3.6%
913
▲ 0.1%
82
11 Park Axis Minami Azabu
3,939
3,587
4,790
3.4%
1,202
3,578
4,800
3.4%
1,221
18
13 Park Axis Nihonbashi Stage
7,557
6,450
10,700
3.4%
4,249
6,432
11,000
3.3%
4,567
▲ 0.1%
317
14 Park Axis Hamamatsucho
2,025
1,813
2,820
3.4%
1,006
1,808
2,810
3.4%
1,001
5
15 Park Axis Hongo no Mori
2,910
2,469
4,370
3.3%
1,900
2,460
4,410
3.3%
1,949
48
16 Park Axis Tameike Sanno
2,860
2,470
3,710
3.4%
1,239
2,462
3,800
3.3%
1,337
▲ 0.1%
98
17 Park Axis Roppongi Hinokicho Koen
2,170
1,974
2,740
3.2%
765
1,968
2,740
3.2%
771
6
18 Park Axis Ochanomizu Stage
9,710
8,444
14,900
3.3%
6,455
8,421
14,900
3.3%
6,478
22
19 Park Axis Okachimachi
1,070
912
1,530
3.4%
617
908
1,570
3.4%
661
43
20 Park Cube Hongo
1,760
1,636
2,740
3.3%
1,103
1,631
2,760
3.3%
1,128
24
21 Park Cube Kanda
2,454
2,232
3,770
3.3%
1,537
2,230
3,790
3.3%
1,559
22
22 Park Cube Ichigaya
1,949
1,830
2,800
3.3%
969
1,826
2,860
3.3%
1,033
63
23 Park Cube Asakusa Tawaramachi
2,508
2,192
3,770
3.4%
1,577
2,184
3,840
3.4%
1,655
77
24 Park Cube Ueno
2,233
2,001
3,020
3.4%
1,018
1,996
3,040
3.4%
1,043
25
29 Park Axis Meguro Honcho
1,810
1,610
1,990
3.6%
379
1,601
2,050
3.5%
448
▲ 0.1%
68
30 Park Axis Shin Itabashi
3,430
2,850
3,420
3.8%
569
2,829
3,530
3.7%
700
▲ 0.1%
131
31 Park Axis Akihabara
1,200
1,043
1,480
3.6%
436
1,037
1,520
3.5%
482
▲ 0.1%
45
32 Park Axis Toyocho
3,950
3.330
4,600
3.9%
1,269
3,308
4,700
3.8%
1,391
▲ 0.1%
121
33 Park Axis Takinogawa
1,820
1,575
2,580
3.5%
1,004
1,566
2,620
3.5%
1,053
49
34 Park Axis Asakusabashi
2,717
2,340
3,900
3.7%
1,559
2,328
4,150
3.5%
1,821
▲ 0.2%
261
38 Park Axis Nihonbashi Hamacho
5,540
4,752
7,400
3.4%
2,647
4,734
7,460
3.4%
2,725
78
39 Park Cube Yoyogi Tomigaya
1,975
1,745
2,200
3.5%
454
1,736
2,290
3.4%
553
▲ 0.1%
99
39View entire presentation