Investor Presentaiton
Appraisal Value (3/5)
Nippon
Accommodations
Fund
33rd Period
34th Period
Change from Previous Period
No.
Property Name
Acquisition
Price
(JPY mn)
Appraisal
Appraisal
Appraisal
Book Value
Appraisal Value
Appraisal
Book Value
Appraisal Value
Appraisal
Profit/Loss
Profit/Loss
(JPY mn)
(JPY mn)
Cap Rate
(JPY mn)
(JPY mn)
Cap Rate
Appraisal
Cap Rate
Profit/Loss
(JPY mn)
(JPY mn)
(JPY mn)
95 Park Cube Kayabacho
1,105
1,068
1,800
3.4%
731
1,064
1,810
3.4%
745
13
96 Park Cube Honjo Azumabashi
1,252
1,177
2,050
3.5%
872
1,172
2,080
3.5%
907
―
34
97 Park Axis Kiyosumi Shirakawa
696
656
1,040
3.5%
383
652
1,040
3.5%
387
3
98 Park Axis Asakusabashi Nichome
1,079
957
1,520
3.8%
562
950
1,570
3.7%
619
▲ 0.1%
56
99 Park Axis Nishi Sugamo
1,439
1,313
2,030
3.8%
716
1,303
2,120
3.7%
816
▲0.1%
99
100 Park Axis Ueno
1,389
1,245
2,000
3.8%
754
1,236
2,050
3.7%
813
▲ 0.1%
58
101 Park Axis Akihabara East
1,369
1,230
1,860
3.8%
629
1,222
1,880
3.7%
657
▲ 0.1%
28
103 Park Axis Kayabacho
1,809
1,607
2,510
3.7%
902
1,594
2,570
3.6%
975
▲ 0.1%
72
104 Park Axis Kinshicho Shinsui Koen
1,369
1,233
1,840
3.9%
606
1,223
1,900
3.8%
676
▲ 0.1%
69
105 Park Cube Kasuga Andozaka
2,670
2,506
4,020
3.4%
1,513
2,501
4,050
3.4%
1,548
34
106 Park Cube Kameido
3,020
2,807
4,170
3.5%
1,362
2,792
4,120
3.5%
1,327
▲ 35
108 Park Axis Shin Okachimachi East
1,299
1,212
1,810
3.7%
597
1,205
1,810
3.7%
604
6
110 Park Axis Nihonbashi Honcho
1,469
1,375
2,320
3.4%
944
1,368
2,320
3.4%
951
7
111 Park Cube Nishigahara Stage³
4,110
3,587
5,120
-
1,532
3,536
5,300
-
1,763
231
112 Park Cube Atagoyama Tower
8,650
8,403
11,400
3.2%
2,996
8,374
12,300
3.0%
3,925
▲ 0.2%
929
113 Park Axis Shibaura
1,045
1,004
1,550
3.4%
545
999
1,510
3.5%
510
0.1%
▲ 34
114 Park Axis Asakusa Kuramae
1,095
1,045
1,570
3.4%
524
1,039
1,570
3.4%
530
5
115 Park Axis Kamata Station Gate
4,144
4,010
5,790
3.4%
1,779
3,992
5,630
3.5%
1,637
0.1%
▲ 141
116 Park Axis Kinshicho Residence
1,251
1,196
1,710
3.4%
513
1,189
1,710
3.4%
520
7
117 Park Axis Oshiage Sumida Koen
1,055
1,003
1,520
3.6%
516
996
1,520
3.6%
523
6
120 Park Axis Magome Residence
1,450
1,421
1,740
3.5%
318
1,414
1,830
3.3%
415
▲ 0.2%
96
121 Park Axis Higashi Ueno
1,250
1,219
1,630
3.4%
410
1,213
1,680
3.2%
466
▲ 0.2%
56
122 Park Axis Higashi Koenji
2,300
2,250
2,680
3.7%
429
2,235
2,750
3.6%
514
▲ 0.1%
84
125 Park Cube Shin Itabashi
1,700
1,698
2,070
3.6%
371
1,688
2,080
3.6%
391
19
126 Park Cube Nishi Shinjuku
2,400
2,412
2,820
3.5%
407
2,404
2,820
3.5%
415
7
129 Park Axis Oshiage Terrace
2,610
2,625
3,130
3.4%
504
2,613
3,120
3.4%
506
2
130 Park Axis Ikegami
1,260
1,268
1,450
3.5%
181
1,262
1,570
3.3%
307
▲ 0.2%
125
132 Park Axis Akatsuka²
2,420
2,465
2,680
3.7%
214
2,453
2,680
3.7%
226
11
133 Park Cube Oimachi Residence
5,807
5,967
6,660
3.4%
692
5,944
6,830
3.3%
885
▲ 0.1%
192
134 Park Axis Toyocho Shinsui Koen
6,380
6,568
7,510
3.5%
941
6,539
7,950
3.3%
1,410
▲ 0.2%
469
137 Park Axis Kikukawa Station Gate
3,200
3,289
3,610
3.6%
320
3,272
3,700
3.5%
427
▲ 0.1%
107
138 Park Axis Kiba Canal West
4,660
4,804
5,170
3.6%
365
4,783
5,270
3.5%
486
▲ 0.1%
120
139 Park Axis Kiba Canal East
1,830
1,895
2,050
3.6%
154
1,885
2,080
3.5%
194
▲ 0.1%
39
140 Park Axis Kikukawa
2,410
2,485
2,760
3.6%
274
2,485
2,820
3.5%
334
▲ 0.1%
60
41View entire presentation