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Occupancy Ratio
Occupancy Ratio
  No.of
Properties		 No.of
Units		 Total Leasable
Floor Space　(㎡）		 Total Leased
Floor Space
Under Contract　　（㎡）		 Occupancy
Ratio
Jul., 2010 186 9,928 408,046.23 355,137.27 87.03% ※
Jun., 2010 134 6,673 281,704.80 238,363.97 84.61% ※
May, 2010 134 6,673 281,704.80 237,640.31 84.36% ※
Apr., 2010 134 6,673 281,704.80 239,205.96 84.91% ※
Mar., 2010 134 6,673 281,615.10 268,174.71 95.23%
Feb., 2010 131 6,574 276,663.49 260,148.90 94.03%
Jan., 2010 131 6,574 276,663.49 258,573.70 93.46%
Dec., 2009 131 6,574 276,663.49 257,714.33 93.15%
Nov., 2009 131 6,574 276,663.49 257,481.45 93.07%
Oct., 2009 131 6,574 276,696.40 256,223.38 92.60%
Sep., 2009 131 6,574 276,754.57 254,361.32 91.91%
Aug., 2009 131 6,574 276,754.57 250,742.66 90.60%
Jul., 2009 131 6,574 276,754.57 249,976.14 90.32%
Jun., 2009 131 6,574 276,754.57 250,268.53 90.43%
May, 2009 131 6,574 276,754.57 251,089.66 90.73%
Apr., 2009 131 6,574 276,754.57 253,668.16 91.66%
Mar., 2009 131 6,574 276,754.57 257,929.10 93.20%
Feb., 2009 131 6,574 276,754.57 254,454.38 91.94%
Jan., 2009 131 6,574 276,754.57 251,990.79 91.05%
Dec., 2008 131 6,574 276,754.57 251,676.26 90.94%
Nov., 2008 131 6,574 276,754.57 253,698.97 91.67%
Oct, 2008 131 6,574 276,754.57 257,493.72 93.04%
Sep., 2008 131 6,574 276,754.57 259,908.66 93.91%
Aug., 2008 131 6,574 276,739.64 259,578.72 93.80%
Jul., 2008 131 6,574 276,739.64 260,332.45 94.07%
Jun., 2008 131 6,574 276,739.64 260,037.98 93.96%
May, 2008 130 6,520 275,420.42 259,167.81 94.10%
Apr., 2008 128 6,367 270,653.48 256,269.62 94.69%
Mar., 2008 128 6,367 270,653.48 259,004.02 95.70%
Feb., 2008 129 6,478 263,232.66 277,169.97 94.97%
Jan., 2008 129 6,541 286,482.01 271,294.62 94.70%
Dec., 2007 129 6,541 286,482.01 271,235.55 94.68%
Nov., 2007 117 6,014 271,343.99 257,322.63 94.83%
Oct., 2007 107 5,448 253,817.33 239,926.40 94.53%
Sep.,2007 107 5,447 253,784.48 240,648.06 94.82%
Aug.,2007 107 5,457 256,311.12 241,976.11 94.41%
Jul., 2007 104 5,277 251,357.79 237,631.65 94.54%
Jun., 2007 104 5,277 251,357.79 237,664.63 94.55%
May,2007 92 4,618 227,319.29 216,028.91 95.03%
Apr., 2007 66 3,365 182,975.19 173,773.24 94.97%
Mar., 2007 66 3,364 182,653.70 176,370.52 96.56%
Feb., 2007 66 3,362 182,735.82 176,283.39 96.47%
Jan., 2007 66 3,362 182,735.82 176,097.41 96.37%
Dec.,2006 66 3,362 182,735.82 176,369.79 96.52%
Nov., 2006 66 3,362 182,735.82 176,225.88 96.44%
Oct.,2006 66 3,362 182,735.82 175,926.58 96.27%
Sep.,2006 63 3,203 170,687.10 165,282.57 96.83%
Aug.,2006 63 3,203 170,687.10 164,662.04 96.47%
Jul.,2006 54 2,915 161,528.78 154,398.80 95.59%
Jun.,2006 54 2,915 161,528.78 154,824.58 95.85%
May,2006 35 1,969 122,666.01 117,202.88 95.55%
Apr.,2006 35 1,969 122,666.01 118,028.97 96.22%
Mar.,2006 35 1,969 122,666.01 117,747.78 95.99%
Feb.,2006 35 1,969 122,666.01 116,939.79 95.33%
For n-OM1 (P-4-006), in order to solicit multiple tenants for a single-tenant store it was necessary to change parts of the total leasable floor space into common-use space (stairs and entrance pathways). As a result, the total leasable floor space decreased by 58.17m2 as of October 1, 2009.
In renting out an office to a new tenant from November 1, 2009, it was decided to contract office space that had been three separate rooms as one (1 room) at Colonnade Kasuga (F-4-038). At the same time, the entrance porch portion, which had been included in the exclusive area in the contract when rented by the previous tenant, became common-use space. As a result, the total leasable floor space decreased by 32.91m2.
Due to the acquisition of three properties on March 25, 2010, the number of units has increased by 99 units and the total leasable floor space has increased by 4,951.61m2.
The form of management for Hill Top Yokohama Negishi (F-4-021; property name changed from Isogo Flat as of May 1, 2010) was changed from a master lease arrangement to a pass through arrangement due to termination of the fixed-term building lease agreement on April 1, 2010. Accordingly, we thoroughly investigated its total leasable floor space and, as a result, the total leasable floor space increased by 89.70m2 as of April 2010.
 ※Due to the impact of the termination of the fixed-term building lease agreement (sub-lease agreement) for Hill Top Yokohama
     Negishi (former name: Isogo Flat; name change on May 1, 2010), the occupancy ratio (Portfolio Total, Family, Three Major
     Metropolitan Areas, and Excess 15 Years to 20 Years or Less) has dropped significantly. As the property will hereafter be
     managed under a pass-through agreement (a structure where the master lease company does not provide guarantee of rent), an
     incremental recovery of the occupancy ratio is expected in accordance with the results of leasing activities to attract tenants.
     Please refer to the Occupancy Ratio Excluding Hill Top Yokohama Negishi posted below.
in July  2010 No.of
Properties		 186 No.of
Units		 9,928
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 6,669 3,131 128 1,187 6,405 2,336
Total Leased
Floor Space
Under Contract（㎡）		 185,402.53 161,670.50 8,064.24 44,478.92 225,534.41 85,123.94
Total Leasable
Floor Space（㎡）		 196,192.89 200,786.45 11,066.89 50,238.31 265,672.60 92,135.32
Occupancy Ratio (%) 94.50% 80.52% 72.87% 88.54% 84.89% 92.39%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 4,506 1,537 1,228 1,487 1,170 9,928
Total Leased
Floor Space
Under Contract（㎡）		 137,040.08 57,476.29 54,714.41 55,727.07 50,179.42 355,137.27
Total Leasable
Floor Space（㎡）		 143,442.65 62,779.39 58,413.31 86,562.33 56,848.55 408,046.23
Occupancy Ratio (%) 95.54% 91.55% 93.67% 64.38% 88.27% 87.03%
(reference) the Occupancy Ratio Excluding Hill Top Yokohama Negishi
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 6,669 2,852 128 1,187 6,126 2,336
Total Leased
Floor Space
Under Contract（㎡）		 185,402.53 161,670.50 8,064.24 44,478.92 225,534.41 85,123.94
Total Leasable
Floor Space（㎡）		 196,192.89 175,773.31 11,066.89 50,238.31 240,659.46 92,135.32
Occupancy Ratio (%) 94.50% 91.98% 72.87% 88.54% 93.72% 92.39%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 4,506 1,537 1,228 1,208 1,170 9,649
Total Leased
Floor Space
Under Contract（㎡）		 137,040.08 57,476.29 54,714.41 55,727.07 50,179.42 355,137.27
Total Leasable
Floor Space（㎡）		 143,442.65 62,779.39 58,413.31 61,549.19 56,848.55 383,033.09
Occupancy Ratio (%) 95.54% 91.55% 93.67% 90.54% 88.27% 92.72%
in June  2010 No.of
Properties		 134 No.of
Units		 6,673
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,636.18 101,480.82 8,246.97 19,404.94 158,370.08 60,588.95
Total Leasable
Floor Space（㎡）		 136,406.85 134,231.06 11,066.89 22,681.23 192,671.29 66,352.28
Occupancy Ratio (%) 94.30% 75.60% 74.52% 85.56% 82.20% 91.31%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,604 514 648 1,091 816 6,673
Total Leased
Floor Space
Under Contract（㎡）		 107,244.35 21,799.15 37,379.02 36,556.97 35,384.48 238,363.97
Total Leasable
Floor Space（㎡）		 112,292.12 24,372.76 39,906.07 65,359.11 39,774.74 281,704.80
Occupancy Ratio (%) 95.50% 89.44% 93.67% 55.93% 88.96% 84.61%
(reference) the Occupancy Ratio Excluding Hill Top Yokohama Negishi
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,636.18 101,480.82 8,246.97 19,404.94 158,370.08 60,588.95
Total Leasable
Floor Space（㎡）		 136,406.85 109,217.92 11,066.89 22,681.23 167,658.15 66,352.28
Occupancy Ratio (%) 94.30% 92.92% 74.52% 85.56% 94.46% 91.31%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,604 514 648 1,091 816 6,673
Total Leased
Floor Space
Under Contract（㎡）		 107,244.35 21,799.15 37,379.02 36,556.97 35,384.48 238,363.97
Total Leasable
Floor Space（㎡）		 112,292.12 24,372.76 39,906.07 40,345.97 39,774.74 256,691.66
Occupancy Ratio (%) 95.50% 89.44% 93.67% 90.61% 88.96% 92.86%
in  May  2010 No.of
Properties		 134 No.of
Units		 6,673
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,336.01 100,814.06 8,490.24 19,782.58 157,342.36 60,515.37
Total Leasable
Floor Space（㎡）		 136,406.85 134,231.06 11,066.89 22,681.23 192,671.29 66,352.28
Occupancy Ratio (%) 94.08% 75.10% 76.72% 87.22% 81.66% 91.20%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,636 482 648 1,091 816 6,673
Total Leased
Floor Space
Under Contract（㎡）		 108,382.55 20,490.40 37,482.13 36,362.93 34,922.30 237,640.31
Total Leasable
Floor Space（㎡）		 113,915.80 22,749.08 39,906.07 65,359.11 39,774.74 281,704.80
Occupancy Ratio (%) 95.14% 90.07% 93.93% 55.64% 87.80% 84.36%
(reference) the Occupancy Ratio Excluding Hill Top Yokohama Negishi
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,336.01 100,814.06 8,490.24 19,782.58 157,342.36 60,515.37
Total Leasable
Floor Space（㎡）		 136,406.85 109,217.92 11,066.89 22,681.23 167,658.15 66,352.28
Occupancy Ratio (%) 94.08% 92.31% 76.72% 87.22% 93.85% 91.20%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,636 482 648 1,091 816 6,673
Total Leased
Floor Space
Under Contract（㎡）		 108,382.55 20,490.40 37,482.13 36,362.93 34,922.30 237,640.31
Total Leasable
Floor Space（㎡）		 113,915.80 22,749.08 39,906.07 40,345.97 39,774.74 256,691.66
Occupancy Ratio (%) 95.14% 90.07% 93.93% 90.13% 87.80% 92.58%
in  April   2010 No.of
Properties		 134 No.of
Units		 6,673
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 129,407.77 101,322.94 8,475.25 19,597.70 158,155.60 61,452.66
Total Leasable
Floor Space（㎡）		 136,406.85 134,231.06 11,066.89 22,681.23 192,671.29 66,352.28
Occupancy Ratio (%) 94.87% 75.48% 76.58% 86.40% 82.09% 92.62%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,636 482 648 1,129 778 6,673
Total Leased
Floor Space
Under Contract（㎡）		 109,135.50 20,445.65 37,862.99 38,210.28 33,551.54 239,205.96
Total Leasable
Floor Space（㎡）		 113,915.80 22,749.08 39,906.07 67,045.83 38,088.02 281,704.80
Occupancy Ratio (%) 95.80% 89.87% 94.88% 56.99% 88.09% 84.91%
(reference) the Occupancy Ratio Excluding Hill Top Yokohama Negishi
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 129,407.77 101,322.94 8,475.25 19,597.70 158,155.60 61,452.66
Total Leasable
Floor Space（㎡）		 136,406.85 109,217.92 11,066.89 22,681.23 167,658.15 66,352.28
Occupancy Ratio (%) 94.87% 92.77% 76.58% 86.40% 94.33% 92.62%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,636 482 648 1,129 778 6,673
Total Leased
Floor Space
Under Contract（㎡）		 109,135.50 20,445.65 37,862.99 38,210.28 33,551.54 239,205.96
Total Leasable
Floor Space（㎡）		 113,915.80 22,749.08 39,906.07 42,032.69 38,088.02 256,691.66
Occupancy Ratio (%) 95.80% 89.87% 94.88% 90.91% 88.09% 93.19%
in  March  2010 No.of
Properties		 134 No.of
Units		 6,673
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,630 1,915 128 371 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 131,680.69 127,916.10 8,577.92 19,838.50 186,174.14 62,162.07
Total Leasable
Floor Space（㎡）		 136,406.85 134,141.36 11,066.89 22,681.23 192,581.59 66,352.28
Occupancy Ratio (%) 96.54% 95.36% 77.51% 87.47% 96.67% 93.68%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,685 433 648 1,129 778 6,673
Total Leased
Floor Space
Under Contract（㎡）		 112,025.38 19,537.60 38,677.59 63,541.95 34,392.19 268,174.71
Total Leasable
Floor Space（㎡）		 115,146.08 21,518.80 39,906.07 66,956.13 38,088.02 281,615.10
Occupancy Ratio (%) 97.29% 90.79% 96.92% 94.90% 90.30% 95.23%
in February 2010 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,610.54 122,814.97 8,723.39 15,213.54 184,218.95 60,716.41
Total Leasable
Floor Space（㎡）		 135,023.26 130,573.34 11,066.89 17,729.62 192,581.59 66,352.28
Occupancy Ratio (%) 95.25% 94.06% 78.82% 85.81% 95.66% 91.51%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,714 346 607 1,129 778 6,574
Total Leased
Floor Space
Under Contract（㎡）		 111,376.26 16,888.54 34,596.52 63,276.85 34,010.73 260,148.90
Total Leasable
Floor Space（㎡）		 115,764.57 18,872.83 36,981.94 66,956.13 38,088.02 276,663.49
Occupancy Ratio (%) 96.21% 89.49% 93.55% 94.50% 89.30% 94.03%
in January 2010 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,015.50 121,952.28 8,605.92 14,945.01 182,959.30 60,669.39
Total Leasable
Floor Space（㎡）		 135,023.26 130,573.34 11,066.89 17,729.62 192,581.59 66,352.28
Occupancy Ratio (%) 94.81% 93.40% 77.76% 84.29% 95.00% 91.44%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,741 458 468 1,175 732 6,574
Total Leased
Floor Space
Under Contract（㎡）		 111,434.26 23,526.89 27,062.34 64,826.92 31,723.29 258,573.70
Total Leasable
Floor Space（㎡）		 116,349.87 25,559.69 29,709.78 69,387.46 35,656.69 276,663.49
Occupancy Ratio (%) 95.78% 92.05% 91.09% 93.43% 88.97% 93.46%
in December 2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 127,710.39 121,696.74 8,307.20 14,627.77 182,438.15 60,648.41
Total Leasable
Floor Space（㎡）		 135,023.26 130,573.34 11,066.89 17,729.62 192,581.59 66,352.28
Occupancy Ratio (%) 94.58% 93.20% 75.06% 82.50% 94.73% 91.40%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,751 448 468 1,175 732 6,574
Total Leased
Floor Space
Under Contract（㎡）		 112,271.82 22,513.20 26,749.46 64,228.94 31,950.91 257,714.33
Total Leasable
Floor Space（㎡）		 117,058.20 24,851.36 29,709.78 69,387.46 35,656.69 276,663.49
Occupancy Ratio (%) 95.91% 90.59% 90.04% 92.57% 89.61% 93.15%
in November 2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 127,080.50 121,809.92 8,591.03 14,892.88 182,458.02 60,130.55
Total Leasable
Floor Space（㎡）		 135,023.26 130,573.34 11,066.89 17,729.62 192,581.59 66,352.28
Occupancy Ratio (%) 94.12% 93.29% 77.63% 84.00% 94.74% 90.62%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,751 448 468 1,175 732 6,574
Total Leased
Floor Space
Under Contract（㎡）		 112,183.48 22,867.24 27,017.38 63,693.19 31,720.16 257,481.45
Total Leasable
Floor Space（㎡）		 117,058.20 24,851.36 29,709.78 69,387.46 35,656.69 276,663.49
Occupancy Ratio (%) 95.84% 92.02% 90.94% 91.79% 88.96% 93.07%
in  October 2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 128,033.33 119,935.62 8,254.43 14,633.87 180,468.44 61,121.07
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,066.89 17,729.62 192,614.50 66,352.28
Occupancy Ratio (%) 94.82% 91.83% 74.59% 82.54% 93.69% 92.12%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 468 1,290 617 6,574
Total Leased
Floor Space
Under Contract（㎡）		 114,034.99 20,596.53 26,975.53 69,180.51 25,435.82 256,223.38
Total Leasable
Floor Space（㎡）		 119,806.34 22,103.22 29,709.78 76,365.40 28,711.66 276,696.40
Occupancy Ratio (%) 95.18% 93.18% 90.80% 90.59% 88.59% 92.60%
in  September  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 127,227.64 119,202.22 7,931.46 14,311.10 179,783.77 60,266.45
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 94.23% 91.27% 71.29% 80.45% 93.34% 90.83%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 468 1,290 617 6,574
Total Leased
Floor Space
Under Contract（㎡）		 113,093.56 20,594.39 26,790.78 68,686.65 25,195.94 254,361.32
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 29,709.78 76,365.40 28,711.66 276,754.57
Occupancy Ratio (%) 94.35% 93.17% 90.17% 89.94% 87.76% 91.91%
in  August  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 125,317.81 117,413.45 8,011.40 14,208.37 178,216.31 58,317.98
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 92.81% 89.90% 72.01% 79.88% 92.52% 87.89%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,109 617 6,574
Total Leased
Floor Space
Under Contract（㎡）		 110,875.76 20,784.62 31,574.08 62,940.44 24,567.76 250,742.66
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 70,673.68 28,711.66 276,754.57
Occupancy Ratio (%) 92.50% 94.03% 89.19% 89.06% 85.57% 90.60%
in  July  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 124,291.82 117,825.96 7,858.36 14,131.67 178,163.49 57,680.98
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 92.05% 90.21% 70.64% 79.45% 92.50% 86.93%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,138 588 6,574
Total Leased
Floor Space
Under Contract（㎡）		 110,138.80 20,407.08 31,997.68 64,375.44 23,057.14 249,976.14
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 72,724.75 26,660.59 276,754.57
Occupancy Ratio (%) 91.89% 92.33% 90.39% 88.52% 86.48% 90.32%
in  June  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 124,180.67 118,150.72 7,937.14 14,135.66 178,432.86 57,700.01
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 91.97% 90.46% 71.34% 79.47% 92.64% 86.96%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,175 551 6,574
Total Leased
Floor Space
Under Contract（㎡）		 110,272.07 20,193.84 32,323.62 65,952.38 21,526.62 250,268.53
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 74,785.52 24,599.82 276,754.57
Occupancy Ratio (%) 92.00% 91.36% 91.31% 88.19% 87.51% 90.43%
in  May  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 124,403.30 118,539.68 8,146.68 14,324.02 178,784.19 57,981.45
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 92.13% 90.76% 73.23% 80.53% 92.82% 87.38%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,175 551 6,574
Total Leased
Floor Space
Under Contract（㎡）		 110,600.23 20,385.79 32,369.38 66,335.49 21,398.77 251,089.66
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 74,785.52 24,599.82 276,754.57
Occupancy Ratio (%) 92.27% 92.23% 91.44% 88.70% 86.99% 90.73%
in  April  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 125,698.78 119,733.30 8,236.08 14,479.69 179,852.44 59,336.03
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 93.09% 91.68% 74.03% 81.40% 93.37% 89.43%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,194 532 6,574
Total Leased
Floor Space
Under Contract（㎡）		 111,648.94 20,285.39 32,928.88 68,041.44 20,763.51 253,668.16
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 75,725.47 23,659.87 276,754.57
Occupancy Ratio (%) 93.15% 91.78% 93.02% 89.85% 87.76% 91.66%
in  March  2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 127,690.59 121,554.68 8,683.83 14,987.96 182,857.80 60,083.34
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 94.57% 93.07% 78.06% 84.26% 94.93% 90.55%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,810 389 649 1,194 532 6,574
Total Leased
Floor Space
Under Contract（㎡）		 113,766.43 20,549.61 33,462.61 68,794.82 21,355.63 257,929.10
Total Leasable
Floor Space（㎡）		 119,864.51 22,103.22 35,401.50 75,725.47 23,659.87 276,754.57
Occupancy Ratio (%) 94.91% 92.97% 94.52% 90.85% 90.26% 93.20%
in February 2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 125,573.51 120,247.39 8,290.90 14,446.93 180,730.92 58,933.95
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 92.98% 92.09% 77.62% 83.16% 93.83% 88.82%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,836 363 721 1,172 482 6,574
Total Leased
Floor Space
Under Contract（㎡）		 112,777.22 19,824.60 35,911.98 66,985.01 18,612.99 254,111.80
Total Leasable
Floor Space（㎡）		 120,820.82 21,146.91 39,375.56 75,106.88 20,304.40 276,754.57
Occupancy Ratio (%) 93.32% 93.75% 91.20% 89.68% 91.67% 91.94%
in January 2009 No.of
Properties		 131 No.of
Units		 6,574
  Type Region
Studio Family Premium Central Tokyo Three Major Metropolitan area Other Major cities
No.of Units (Unit) 4,582 1,864 128 272 4,625 1,677
Total Leased
Floor Space
Under Contract（㎡）		 123,591.75 119,506.65 8,892.39 14,826.69 179,075.66 58,088.44
Total Leasable
Floor Space（㎡）		 135,023.26 130,606.25 11,125.06 17,787.79 192,614.50 66,352.28
Occupancy Ratio (%) 91.53% 91.50% 79.93% 83.35% 92.97% 87.55%
  Building Age  
5 yrs or less Excess 5 yrs Excess 10 yrs Excess 15 yrs Excess 20
yrs		   Portfolio Total
to 10 yrs or less to 15 yrs or less to 20 yrs or less  
No.of Units (Unit) 3,836 597 487 1,199 455 6,574
Total Leased
Floor Space
Under Contract（㎡）		 111,089.69 35,461.06 19,612.73 67,750.97 18,076.34 251,990.79
Total Leasable
Floor Space（㎡）		 120,820.82 38,251.93 22,270.54 75,569.00 19,842.28 276,754.57
Occupancy Ratio (%) 91.95% 92.70% 88.07% 89.65% 91.10% 91.05%

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