Investor Presentaiton
17 Appraisal Rate (2/2) - Other Greater Tokyo & Other Cities NBF
Mapen Building Fund
Other Greater Tokyo
Other Cities
Appraisal Value at
1H/2016
Direct Return Method
DCF Method
Appraisal Value at Direct Retum Method
2H/2015
DCF Method
Appraisal Value at Direct Retum Method
1H/2016
DCF Method
Appraisal Value at Direct Retum Method
2H/2015
DCF Method
Property Name
30th Period End
Property Name
CR
DR
TCR
(million yen)
29th Period End
(million yen)
CR
DR
TCR
30th Period End
(million yen)
CR
DR
TCR
29th Period End
(million yen)
CR
DR
TCR
Chofu South Gate Bldg.
10,000
5.0%
4.8%
5.2%
9,970
5.0%
4.8%
5.2%
Sapporo L-Plaza
6,970
5.0%
5.1%
5.2%
6,920
5.1%
5.2%
5.3%
Shin-Kawasaki Mitsui Bldg.
22,400
5.0%
4.8%
5.2%
21,800
5.1%
4.9%
5.3%
NBF Sapporo Minami Nijo Bldg.
1,350
5.5%
5.3%
5.6%
1,330
5.6%
5.4%
5.7%
Yokohama ST Bldg.
15,100
4.3%
4.4%
4.5%
14,800
4.4%
4.5%
4.6%
NBF Unix Bldg.
3,400
6.1%
6.1%
6.3%
3,390
6.2%
6.2%
6.4%
Parale Mitsui Bldg.
3,790
4.8%
4.6%
5.0%
3,750
4.9%
4.7%
5.1%
NBF Niigata Telecom Bldg.
2,990
5.9%
5.7%
6.1%
2,970
6.0%
5.8%
6.2%
Sumitomo Mitsui Banking
Tsukuba Mitsui Bldg.
7,610
5.5%
5.3%
5.7%
7,450
5.6%
5.4%
5.8%
16,300
4.5%
4.3%
4.7%
16,000
4.6%
4.4%
4.8%
Nagoya Bldg.
NBF Utsunomiya Bldg.
2,080
5.8%
5.6%
6.0%
2,050
5.9%
5.7%
6.1%
NBF Nagoya Hirokoji Bldg.
7,220
4.5%
4.3%
4.7%
7,050
4.6%
4.4%
4.8%
S-ino Omiya North Wing
19,700
4.7%
4.8%
4.9%
19,300
4.8%
4.9%
5.0%
Aqua Dojima NBF Tower
17,400
4.1%
3.9%
4.3%
17,100
4.2%
4.0%
4.4%
NBF Urawa Bldg.
2,100
5.0%
4.8%
5.2%
2,060
5.1%
4.9%
5.3%
Nakanoshima Central Tower
16,700
4.1%
4.2% 4.3%
16,400
4.2%
4.3%
4.4%
NBF Shin-Urayasu Tower
9,980
4.6%
4.4%
4.8%
9,980
4.7%
4.5%
4.9%
Shinanobashi Mitsui Bldg.
12,900
5.0%
4.8%
5.2%
12,800
5.1%
4.9%
5.3%
NBF Matsudo Bldg.
2,290
5.1%
5.1%
5.3%
2,280
5.2%
5.2%
5.4%
Sakaisuji-Honmachi Center Bldg.
13,200
4.5% 4.3% 4.7%
12,900
4.6%
4.4%
4.8%
Other greater Tokyo
(10 properties)
95,050
93,440
Sun Mullion NBF Tower
7,010
4.9%
5.0%
5.1%
6,950
5.0%
5.1% 5.2%
Aqua Dojima East
1,460
4.5%
4.3%
4.7%
1,440
4.6%
4.4%
4.8%
NBF Hiroshima Tatemachi Bldg.
2,440
5.6%
5.7%
5.8%
2,390
5.7%
5.8%
5.9%
Hiroshima Fukuromachi Bldg.
2,350
5.5%
5.6%
5.7%
2,310
5.6%
5.7%
5.8%
NBF Matsuyama Nichigin-mae Bldg.
3,680
5.9%
5.8%
6.1%
3,630
6.0%
5.9% 6.2%
Hakata Gion M-SQUARE
9,120
5.0%
4.9%
5.2%
9,000
5.1%
5.0%
5.3%
NBF Kumamoto Bldg.
3,910
6.0%
5.9% 6.2%
3,910
6.0%
5.9%
6.2%
Other City (17 Properties)
128,400
126,490
56
Total (73 properties)
1,162,990
1,134,619
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