Policy in portfolio building

Investment targets

Investment share of "Rental Residences" which generate stable earnings
Investment targets Investment share (based on acquisition price)
Residential Properties Rental Residences 80% ~ 100
Operational Rental Residences 0% ~ 20

We will also invest in "Operational Rental Residences" with services likely to see rising demand, including senior residences, serviced apartments, and student apartments.

Investment areas

Investment share of "Central Tokyo", "Sub-central Tokyo", and "Tokyo Metropolitan Area"
Investment areas Investment share 
(based on acquisition price)
Central Tokyo Chiyoda, Chuo, Minato, Shinjuku and Shibuya 80% ~ 100
Sub-central Tokyo Other 18 wards of Tokyo
Tokyo Metropolitan Area Areas where demand for rental residences is strong in the Tokyo metropolitan area except for the areas above.
Other Major Cities Areas where there is a concentration of residences, including ordinance-designated cities, except for the areas above 0% ~ 20
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