Investor Presentaiton
23
Portfolio overview (as of end of Dec. 2017 / 20 properties base)
Office
Area
Property
No.
Property name
Location
Completion date
Acquisition date
Acquisition price
(mn. yen)
Appraisal
value
(mn. yen)
NOI yield
(Note1)
NOI yield after
depreciation
(Notel)
Leasable Space
Occupancy
(Note2)
rate
(%)
(m)
(%)
(%)
OT-1
OT-2
Sumitomo Fudosan Ueno Bldg. No.6
G-Square Shibuya Dogenzaka
Taito-ku, Tokyo
Nov. 1993
May 2015
7,460
8,300
4.1%
3.1%
6,858.16
100.0%
Shibuya-ku, Tokyo
Oct. 2009
Aug. 2015
12,220
14,500
3.9%
3.4%
5,011.74
100.0%
Aug. 2015
5,000
OT-3
Shibuya Sakuragaoka Square
Shibuya-ku, Tokyo
Mar. 2010
19,500
3.8%
3.1%
6,379.66
100.0%
Feb. 2017
12,130
OT-4
Yokohama Creation Square
Kanagawa-ku, Yokohama
Mar. 1994
Aug. 2015
7,080
7,960
4.4%
3.7%
12,720.94
87.4%
Tokyo metropolitan area
OT-5
Cube Kawasaki
Kawasaki-ku, Kawasaki
May 1982
Aug. 2015
20,050
22,300
3.6%
3.1%
24,494.06
100.0%
OT-6
Higashi-Nihombashi Green Bldg.
Chuo-ku, Tokyo
Mar. 1988
Dec. 2015
2,705
3,030
4.1%
3.5%
3,254.77
100.0%
OT-7
Sasazuka Center Bldg.
Shibuya-ku, Tokyo
Mar. 1995
Mar. 2017
8,700
9,290
4.1%
3.7%
8,219.90
85.6%
Three major metropolitan
areas
Jan. 1990
OT-8
USC Bldg. (Quasi Co-ownership: 46%)
Koto-ku, Tokyo
Apr. 2017
5,000
5,230
5.0%
4.4%
5,781.98
100.0%
added on to in Jan. 2007
00-1
Twin 21
Chuo-ku, Osaka
Mar. 1986
Aug. 2006
68,700
54,500
4.0%
2.8%
82,304.84
97.8%
Feb. 1990
00-2
Matsushita IMP Bldg.
00-4
MID REIT Kyobashi Bldg.
Chuo-ku, Osaka
Miyakojima-ku, Osaka
Aug. 2006
24,600
21,700
3.9%
1.6%
37,299.95
86.7%
added on to in Nov. 2003
Feb. 2000
Aug. 2006
2,300
1,460
2.3%
1.0%
4,833.88
100.0%
Osaka metropolitan area
00-5
MID Imabashi Bldg.
Chuo-ku, Osaka
Oct. 1990
Apr. 2007
3,270
2,330
3.4%
1.9%
4,277.63
100.0%
00-7
Kitahama MID Bldg.
Chuo-ku, Osaka
Feb. 2008
Apr. 2008
10,800
9,290
4.0%
3.2%
10,189.49
100.0%
00-8
MID Nishihommachi Bldg.
Nishi-ku, Osaka
Mar. 1989
Oct. 2008
3,550
2,180
2.7%
1.6%
3,881.74
100.0%
00-9
Higobashi MID Bldg.
Nishi-ku, Osaka
Jan. 2010
June 2013
3,000
3,620
5.2%
3.7%
4,655.57
96.5%
Other
Other major cities
OR-1
Sendai Capital Tower
Aoba-ku, Sendai
Mar. 1974
Feb. 2017
5,500
6,510
5.2%
4.5%
12,999.51
95.2%
Subtotal (Office)
202,065
191,700
4.0%
2.9%
233,163.82
95.6%
Other than Office Bldg.
Sep. 2003
Tokyo metropolitan area
RT-1
AEON MALL Tsudanuma
Narashino-shi, Chiba
Aug. 2006
26,100
28,400
4.8%
3.9%
101,210.44
100.0%
Three major metropolitan
added on to in Dec. 2007
areas
Osaka metropolitan area
RO-1
Konami Sports Club Kyobashi
Miyakojima-ku, Osaka
June 1999
Aug. 2006
2,780
3,380
6.1%
4.8%
9,586.26
100.0%
Other
Other major cities
HR-1
Dormy Inn Hakata Gion
Hakata-ku, Fukuoka
Jan. 2009
Sep. 2013
2,280
3,420
6.5%
4.8%
5,554.91
100.0%
Subtotal (Other than Office)
Total
31,160
233,225
35,200
226,900
5.0%
4.0%
116,351.61
100.0%
4.1%
3.1%
349,515.43
97.0%
TK Interest for Office
Three major metropolitan Nagoya metropolitan
Nagoya Lucent Tower
TK-1
areas
area
(TK interest)
Total
Note 1:
Note 2:
Nishi-ku, Nagoya
Aug. 2015
4,919
238,144
NOI yield and NOI yield after depreciation are based on annualized NOI in the 23rd period.
Leasable space is based on data as of Dec. 31, 2017 which only includes the area of leasable room, and excludes those for warehouses, halls and parking lots.
However, the leasable spaces of Konami Sports Club Kyobashi and AEON Mall Tsudanuma, the entire buildings of which are leased, include the common area and parking lot area, and those of MID REIT Kyobashi Bldg. and Dormy Inn Hakata include
common area, respectively. For quasi co-owned properties, the leasable area is calculated by multiplying total space of the property by quasi co-ownership ratio of the trust beneficiary interest.
MCUBS MidCity Investment CorporationView entire presentation