Investor Presentaiton slide image

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 14
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