Investor Presentaiton
Appraisal Value
Value (1/5)
Nippon
Accommodations
Fund
34th Period
35th Period
Change from Previous Period
No.
Property Name
1 Okawabata Apartment Communities
Acquisition
Price
(JPY mn)
Appraisal
Book Value
(JPY mn)
Appraisal Value
(JPY mn)
Appraisal
Book Value
Appraisal Value
Appraisal
Profit/Loss
Appraisal
Profit/Loss
Appraisal
Appraisal
Profit/Loss
Cap Rate
(JPY mn)
(JPY mn)
Cap Rate
Cap Rate
(JPY mn)
(JPY mn)
(JPY mn)
30,816
32,113
33,600
3.4%
1,486
31,999
34,300
3.3%
2,300
▲ 0.1%
813
2 Park Axis Gakugei Daigaku
1,760
1,458
2,430
3.3%
971
1,480
2,510
3.2%
1,029
▲ 0.1%
57
4 Park Axis Shibuya Jinnan
3,230
2,837
3,980
3.2%
1,142
2,832
4,120
3.1%
1,287
▲ 0.1%
144
5 Park Axis Aoyama Kotto Dori
1,730
1,518
2,250
3.2%
731
1,517
2,300
3.1%
782
▲ 0.1%
50
6 Park Axis Kagurazaka Stage
1,400
1,203
1,960
3.5%
756
1,238
2,020
3.4%
781
▲ 0.1%
24
7 Park Axis Shirokanedai
5,140
4,541
6,980
3.3%
2,438
4,545
7,160
3.2%
2,614
▲ 0.1%
175
8 Park Axis Bunkyo Stage
4,440
3,855
6,460
3.5%
2,604
3,844
6,710
3.4%
2,865
▲ 0.1%
261
9 Park Axis Tsukishima
10 Park Axis Otsuka
930
781
1,470
3.4%
688
778
1,510
3.3%
731
▲ 0.1%
43
1,655
1,406
2,320
3.6%
913
1,401
2,430
3.5%
1,028
▲ 0.1%
114
11 Park Axis Minami Azabu
3,939
3,578
4,800
3.4%
1,221
3,570
4,910
3.3%
1,339
▲ 0.1%
118
13 Park Axis Nihonbashi Stage
7,557
6,432
11,000
3.3%
4,567
6,414
11,500
3.2%
5,085
▲ 0.1%
517
14 Park Axis Hamamatsucho
2,025
1,808
2,810
3.4%
1,001
1,809
2,890
3.3%
1,080
▲ 0.1%
79
15 Park Axis Hongo no Mori
2,910
2,460
4,410
3.3%
1,949
2,452
4,530
3.2%
2,077
▲ 0.1%
128
16 Park Axis Tameike Sanno
2,860
2,462
3,800
3.3%
1,337
2,454
3,900
3.2%
1,445
▲ 0.1%
107
17 Park Axis Roppongi Hinokicho Koen
2,170
1,968
2,740
3.2%
771
1,962
2,830
3.1%
867
▲ 0.1%
95
18 Park Axis Ochanomizu Stage
9,710
8,421
14,900
3.3%
6,478
8,413
15,200
3.2%
6,786
▲ 0.1%
308
19 Park Axis Okachimachi
1,070
908
1,570
3.4%
661
904
1,610
3.3%
705
0.1%
44
20 Park Cube Hongo
1,760
1,631
2,760
3.3%
1,128
1,626
2,830
3.2%
1,203
▲ 0.1%
74
21 Park Cube Kanda
2,454
2,230
3,790
3.3%
1,559
2,225
3,890
3.2%
1,664
▲ 0.1%
105
22 Park Cube Ichigaya
1,949
1,826
2,860
3.3%
1,033
1,823
2,940
3.2%
1,116
▲ 0.1%
83
23 Park Cube Asakusa Tawaramachi
2,508
2,184
3,840
3.4%
1,655
2,175
3,990
3.3%
1,814
▲ 0.1%
158
24 Park Cube Ueno
2,233
1,996
3,040
3.4%
1,043
1,996
3,120
3.3%
1,123
▲ 0.1%
80
29 Park Axis Meguro Honcho
1,810
1,601
2,050
3.5%
448
1,597
2,110
3.4%
512
▲ 0.1%
64
30 Park Axis Shin Itabashi
3,430
2,829
3,530
3.7%
700
2,815
3,660
3.6%
844
▲ 0.1%
143
31 Park Axis Akihabara
1,200
1,037
1,520
3.5%
482
1,031
1,570
3.4%
538
▲ 0.1%
55
32 Park Axis Toyocho
3,950
3,308
4,700
3.8%
1,391
3,287
4,810
3.7%
1,522
▲ 0.1%
131
33 Park Axis Takinogawa
1,820
1,566
2,620
3.5%
1,053
1,561
2,720
3.4%
1,158
▲ 0.1%
105
34 Park Axis Asakusabashi
2,717
2,328
4,150
3.5%
1,821
2,316
4,190
3.5%
1,873
51
38 Park Axis Nihonbashi Hamacho
5,540
4,734
7,460
3.4%
2,725
4,715
7,640
3.3%
2,924
▲ 0.1%
198
39 Park Cube Yoyogi Tomigaya
1,975
1,736
2,290
3.4%
553
1,727
2,380
3.3%
652
▲ 0.1%
98
39View entire presentation