Investor Presentaiton
Asset
class
Property name
Overview of New Acquisitions
Acquisition Appraisal
price
value at
NOI
Location
(mil yen)
acquisition yield
(mil yen)
NOI
yield after
depreciation
Property
Occupan
age at
cy rate acquisition
(years)
Lessee
(Average)
Lease term
(years)
O Daiwa House REIT Investment Corporation
(Average)
Remaining
lease term
(years)
Acquisitions in March and April 2019
D Project Kitahachioji |
Hachioji City, Tokyo
4,300
4,360
4.8 %
3.9 %
100.0 %
8.1
Sanritsu
15.0
7.0
D Project Kitahachioji II
Hachioji City, Tokyo
5,700
5,760
4.8 %
4.0 %
D Project Kitahachioji III
Hachioji City, Tokyo
7,300
7,450
4.8 %
4.0 %
100.0 %
100.0 %
7.2
Hutech norin
20.0
12.8
4.8
Mitsubishi Shokuhin / Sanritsu Not disclosed
Not disclosed
D Project Itabashi Shingashi
Itabashi Ward, Tokyo
12,300
12,400
4.3 %
3.5 %
100.0 %
4.4
Kokubu Group Corp.
Not disclosed
Not disclosed
Logistics
Sagamihara City,
D Project Sagamihara
3,900
3,940
4.5 %
3.3 %
100.0 %
4.0
Daiwa Logistics
20.0
16.0
Kanagawa
D Project Kuki VIII
Kuki City, Saitama
6,100
6,110
4.8 %
3.7 %
100.0 %
2.5
ESCO
20.0
17.5
D Project Yokkaichi
Yokkaichi City, Mie
1,490
1,500
5.3 %
4.2 %
100.0 %
2.3
Kintetsu Logistics Systems
Not disclosed
Not disclosed
D Project Ibaraki Ishioka
Ishioka City, Ibaraki
4,050
4,090
5.3 %
4.0 %
100.0 %
3.7
Kokubu Group Corp.
Not disclosed
Not disclosed
Logistics Subtotal / Average
45,140
45,610
4.7 %
3.8 %
100.0 %
4.8
18.5
13.8
Retail
iias Tsukuba (30% co-ownership interest)
Aoyama Tailor Bunkyo Sengoku Ekimae
Store
Tsukuba City, Ibaraki
10,320
10,320
5.4 %
4.2 %
100.0 %
10.5
Bunkyo Ward, Tokyo
750
762
4.9 %
4.5 % 100.0 %
25.0
Daiwa House
Aoyama Trading
20.1
20.1
Not disclosed Not disclosed
FOLEO Shobu
Kuki City, Saitama
5,000
5,050
5.5 %
4.5 % 100.0 %
9.1
Daiwa House
20.1
20.1
Daiwa Roynet Hotel
Hotel
Nagoya Shinkansenguchi
Nagoya City, Aichi
4,500
4,540
4.5 %
3.7 % 100.0 %
17.8
Daiwa Royal
5.1
5.1
Other
Nursery Room Berry Bear Omori
Ota Ward, Tokyo
NESS Corporation /
1,380
1,380
4.4 %
4.1 % 100.0 %
0.1
20.1
19.9
Nishi Welcia Ota Omori Nishi Store
Welcia Yakkyoku
Subtotal / Average
67,090
67,662
4.8 %
3.9 % 100.0 %
7.0
17.8
14.8
Acquisitions in the period ended February 2019
Kitakyushu City,
Logistics DPL Kitakyushu
3,510
3,560
5.8 %
Fukuoka
Retail
ACROSSMALL Semboku (Land)
COMBOX310
Sakai City, Osaka
3,250
3,880
5.0 %
5.0 %
Mito City, Ibaraki
4,480
4,600
5.7 %
3.3 %
3.8 % 100.0 %
100.0 %
100.0 %
2.9
YAMAE HISANO / KYUSO
COMPANY/ASAHI SHOKUHIN
10.0
7.9
-
Daiwa Information Service
20.1
19.7
12.6
Daiwa Royal
10.1
9.7
Hotel
Super Hotel JR Nara Station Sanjo Street
Nara City, Nara
1,470
1,490
5.0 %
3.6 %
100.0 %
3.9
Super Hotel
20.0
16.0
Subtotal/Average
12,710
13,530
5.5 %
3.9 % 100.0 %
7.7
13.2
12.0
Total/Average
79,800
81,192
4.9 %
3.9 % 100.0 %
7.1
17.0
14.3
As of April 10, 2019
(Note) NOI yield and NOI yield after depreciation are based on appraisal NOI.
Acquisitions in March and April 2019
D Project Kitahachioji I-II-III
D Project Itabashi Shingashi
D Project Sagamihara
D Project Kuki VIII
D Project Yokkaichi
Acquisitions in the period ended February 2019
DPL Kitakyushu
ACROSS MALL
Semboku (Land)
D Project Ibaraki Ishioka
lias Tsukuba
(30% co-ownership interest)
Aoyama Tailor Bunkyo
Sengoku Ekimae Store
FOLEO Shobu
Daiwa Roynet Hotel
Nagoya Shinkansenguchi
Nursery Room Berry Bear Omori
Nishi Welcia Ota Omori Nishi Store
Super Hotel JR Nara Station
COMBOX310
Sanjo Street
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