Investor Presentaiton slide image

Investor Presentaiton

February 2017 Financial Results DPU 4,800 yen +100 yen vs forecast due to high occupancy at residential properties, acquisition of one retail property (land), etc. Increase in assets upon the merger as of Sep. 1 Daiwa House REIT Investment Corporation NOI yield Asset class NOI (mil yen) Acquisition price NOI yield (mil yen) Logistics 4,850 195,858 5.0% Asset class Number of properties Acquisition price Goodwill Residential 6,888 257,954 5.4% Logistics Residential 32 properties 9 properties Total 41 properties 192,498 mil yen 42,480 mil yen 234,978 mil yen 79,289 mil yen Retail 1,361 50,330 5.5% Other 298 9,630 6.3% Portfolio 13,398 513,772 5.3% Property Acquisitions Property name Period end occupancy Asset class Acquisition price Appraisal Acquisition NOI yield Asset class Aug. 2016 Feb. 2017 Change date (mil yen) Logistics 100.0 % 100.0 % Naha Shin-Toshin Center Other (office, Building (Daiwa Roynet Hotel Naha-Omoromachi) 7,600 5.9% Residential 96.0% 97.0% +1.0 p.p. hotel and retail) Retail 99.6% 99.4 % -0.2 p.p. D Project Hibiki Nada D Project Morioka II Logistics 2,080 6.3% Other 100.0 % 99.5% -0.5 p.p. Logistics 1,280 6.3% Sep. 28, 2016 Castalia Ningyocho III Residential 2,000 5.0% Portfolio 98.7% 99.0% +0.3 p.p. Royal Parks Umejima Sports Depo and GOLF Kokurahigachi IC Store Hiratsuka Retail Property (Land) Residential 2,020 6.9% Retail 2,230 6.9% Capex, repairs and maintenance and restoration costs Capex and planned repairs and maintenance in place on a long-term view Retail 5,620 4.2% Jan. 31, 2017 Total 22,830 5.6% Aug. 2016 Feb. 2017 Former DHI + Former DHR Property Sale Property name Asset class Sale price (mil yen) Appraisal value (mil yen) Capex Repairs and maintenance expenses 717 mil yen 843 mil yen 345 mil yen 569 mil yen Loss on sale (mil yen) Sale date Restoration costs 298 mil yen 293 mil yen Castalia Minamigyotoku II Feb 23, Total 1,360 mil yen 1,706 mil yen Residential 370 338 4 2017
View entire presentation