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Investor Presentaiton

4-2 Leasing Strategy Conduct leasing promotion and existing tenant relations by fully using the sales capabilities of the Mitsui Fudosan Group. ■ Average Occupancy Rate during the Period & Total Rentable Area 00 90 (%) 100 95 NBF Mapen Building Fund (10 thousand m) 210 NBF's average occupancy rate during the period¹ (left scale) ■•Reference: average market occupancy rate during the period² (Tokyo business districts)(left scale) INBF's total rentable area at period end (right scale) 97.8 97.9 97.9 97.5 97.6 97.1 97.0 96.8 96.7 96.8 96.8 180 95.9 95.5 95.8 95.4 95.5 94.7 94.3 93.9 93.4 93.3 93.7 93.3 150 92.2 91.5 91.1 92.2 90.8 120 91.2 91.2 91.0 91.0 107.4 105.6 103.8 107.9 107.4 107.9 108.3 91.4 89.3 86.1 90 82.8 76.4 77.0 77.0 76.3 76.3 0 2H/2008 1H/2009 2H/2009 1H/2010 2H/2010 1H/2011 2H/2011 1H/2012 2H/2012 1H/2013 2H/2013 1H/2014 2H/2014 1H/2015 2H/2015 1H/2016 15th 16th 17th 18th 19th 20th 21st 22nd 23rd 24th 25th 26th 27th 28th 29th Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Note1: NBF's average occupancy rate during the period - weighted average of month-end occupancy rate on a floor space basis 30th Period Note2: Average market occupancy rate during the period - simple average of month-end occupancy rate (Prepared by Nippon Building Fund Management using data from Miki Shoji Co., Ltd.) 26
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