Investor Presentaiton
Transition of Property Tax Benefit from asset acquisition
Property Tax Benefit
from newly acquired assets
IN MALL
AEON MALL Wakayama
DPU excluding
Property Tax (Note)
AEON MALL
Miyakonojo Ekimae
(Acquisition price ¥ 16.8 bn) (Acquisition price ¥4.4 bn)
Property Tax Benefit
48
222
12
29
29
34
85
39
2
63
65
(Unit: yen)
3,149
3,145
3,198
3,230
3,274
3,283
3,287
3,285
3,335
2,944
3,018
3,047
3,040
2,807
Jan. 2018
(10th FP)
Jul. 2018
(11th FP)
Jan. 2019
(12th FP)
Jul. 2019
(13th FP)
Jan. 2020
(14th FP)
Jul. 2020
(15th FP)
Jan. 2021
(16th FP)
Jul. 2021
(17th FP)
Jan. 2022
(18th FP)
Jul. 2022
(19th FP)
Jan. 2023
(20th FP)
Jul. 2023
(21st FP)
Jan. 2024
(22nd FP)
Jul. 2024
(23rd FP)
"Property Tax Benefit"
forecast
forecast
Fixed asset and city planning taxes that are imposed on owners of real estate as of January 1st each year. Paid by both the
seller and buyer of real estate according to the period of hold during the year in which the selling and buying transaction is
conducted.
Distribution increases in the year of transaction because the tax paid by the buyer is capitalized and not booked as expenses for
the year. The expenses are posted from the payment period in the following year.
ÆON REIT Investment Corporation
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