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AJA Property Portfolio

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Retail<br />

Konan Home Centre<br />

KEY PROPERTY STATISTICS (June 2012)<br />

Summary<br />

Ownership interest<br />

Purchase date<br />

Carrying value (billion)<br />

Completed<br />

PML<br />

100%<br />

Apr 2005<br />

¥10.5<br />

Mar 2005<br />

8.02%<br />

PROPERTY TYPE<br />

Single-tenant retail home centre<br />

and speciality stores<br />

SUB-MARKET<br />

Ichikawa<br />

<strong>Property</strong> Statistics<br />

Land area (square metres)<br />

Trust’s share NRA (tsubo)<br />

Trust’s share NRA (square metres)<br />

Occupancy by area<br />

Tenancy Profile<br />

Toyota Tsusho Corporation / Konan<br />

Shoji<br />

Type of<br />

lease<br />

83,401<br />

14,768<br />

48,819<br />

100.0%<br />

Fixed noncancellable<br />

1<br />

% of<br />

total rent<br />

100.0%<br />

¹ The property is 100% leased to Konan Shoji on a 20 year lease. For the first 12 years (until<br />

March 2017) the master lessee under a non-cancellable Fixed Term Lease is Toyota Tsusho<br />

Corporation pursuant to which Toyota Tsusho subleases to Konan Shoji. From the end of the 12<br />

year master lease term the lease is directly with Konan Shoji.<br />

ADDRESS<br />

2526-6, Baraki<br />

Ichikawa-shi, Chiba<br />

Located close to the expressway,<br />

approximately 720 metres (a nine<br />

minute walk) from Futamata<br />

Shinmachi station on the JR Keiyo<br />

Line and 20 minutes by car from the<br />

centre of Tokyo.<br />

The Konan Home Centre is a large<br />

scale retail complex comprising a<br />

home centre with additional<br />

speciality shops (consumer<br />

electronics, supermarket, shoe<br />

store, variety goods and a gas<br />

station). It is leased to a single<br />

tenant through to March 2025.<br />

22

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