Investor Presentaiton
JPR
Changes in Occupancy Rates and Contract Changes
Despite tenant relocations becoming more active, the impact of cancellations at some properties resulted in occupancy rates
being as assumed at the beginning of the period
Changes in Period-End Occupancy Rates of Properties by Asset Class and by Location
100%
98%
99.8%
99.8%
(±0.0%p)
Although steady lease-up was conducted centering on office buildings in
Tokyo, due to the impact of cancellations at some properties, the occupancy
rate for the entire portfolio at the end of the period dropped 1.5% points
compared to the 20th fiscal period
■By location, decreases were seen in office buildings in Tokyo CBDs of -3.0%
points and both Greater Tokyo and other cities of -1.8% points compared to the
20th fiscal period
96%
94%
All properties
Office (Tokyo CBDS)
92%
Office (Greater Tokyo)
90%
Office (Other cities)
Retail properties
95.6%
94.2%
94.1% (-1.5%p)
(Main Properties with Fluctuations in Occupancy Rates)
20th Period
Dec. 2011
21st Period
Change
Jun. 2012
92.4%
JPR Harajuku Building
88.5%
98.7%
10.2%p
Yume-ooka Office Tower
87.9%
91.1%
3.2%p
92.0%
91.2% (-3.0%p)
90.6% (-1.8%p)
90.2%
(-1.8%p)
Shinjuku Center Building
Minami Azabu Building
87.5%
90.0%
2.5%p
100.0%
0.0%
-100.0%p
JPR Crest Takebashi Building
94.9%
58.5%
-36.4%p
Olinas Tower
98.6%
91.3%
-7.3%p
88%
(75.6%)
0%
End of
11th
Period
End of
End of End of End of
12th
13th
14th
15th
Period Period Period Period
End of
End of
End of
End of
16th
Period
17th
18th
Period
19th
Period Period
End of
20th
Period
End of
21st
Period
Changes in Contract Changes
30,000m
Newly leased space
Cancelled space
25,000m
20,000m
15,000m
10,000m
18,188
25,989
(Note 1) Indicated occupancy rates are as of the end of June 30, 2012, calculated on the basis of the lease conditions
as of the same date for properties JPR owned as of the same date.
(Note 2) Figures have been rounded to the first decimal place.
■Given notices of cancellations for about 6,000m² in three office buildings in
Tokyo CBDs, cancelled space significantly exceeded newly leased space
(Breakdown by Asset Class and by Location for the 21st Fiscal Period)
Newly leased
space
Cancelled
space
Newly leased space -
cancelled space
Entire portfolio
6,617m
13,940m
-7,323m
Office in Tokyo CBDS
1,901 m
6,408m
-4,508m
Office in Greater Tokyo
3,290m
5,222m
-1,932m
Office in other cities.
1,340m
2,309m
-969m
13,511
13,940
7,897
11,104
Retail properties
86m
Om
86m
8,723
6,617
5,000m
9,691
7,850
6,853
4,042
Om
16th Period
17th Period
18th Period
19th Period
20th Period
21st Period
Japan Prime Realty Investment Corporation
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