GLP Global Footprint and Financial Highlights
Japan Portfolio
Stable Portfolio
Portfolio Snapshot
■ 90% in Tokyo and Osaka
Retention ratio at 73%
■ Effective rent growth on renewal leases up 6.6%
(cash basis: +12.3%)
Cap rate of 4.8%
Japan Portfolio
Total Valuation
WALE
Lease ratio
No. of completed prop.
Completed prop ('m sqm)
Lease ratios (%) and Rental (JPY/sqm/mth)
GLP
Dec 31, 2016
US$9,459 million
4.9 years
Sep 30, 2016
US$10,512 million
5.0 years
97%
98%
95
96
4.7
4.6
Country NAV1
US$2,216 million
US$2,489 million
Japan Portfolio (sqm mil)
99%
99%
99%
99%
99%
98%
97%
1,150
6.2
100%
5.3
5.6
5.6
5.6
0.7
80%
1,100
0.7
1.0
1.0
1.0
1.0
60%
2.1
1,050
2.1
2.1
2.4
2.4
1,083
1,087
1,098
1,109
1,116
1,121
1,123 40%
1,000
20%
2.5
2.5
2.5
2.3
2.2
950
0%
FY2013 FY2014 FY2015 FY2016 1QFY17 2QFY17 3QFY17
3QFY16
4QFY16
Note:
1.
Country NAV refers to GLP share of the consolidated net asset value of the entities
1QFY17
2QFY17
Properties Held Under Development or Being Repositioned
Completed Properties (J-REIT prop)
Completed Properties (excld J-REIT prop)
3QFY17
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