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Tenant Occupancy Rate

4th Priod-5th Priod

Performance Graph

* If you click graph. You can see closeup graph.

Location Tokyo CBDs Other Greater Tokyo Other Cities Total
Dec.2003
5th Period
Total rentable area(m2 201,089 63,427 94,424 358,940
Occupancy rate 90.4% 92.9% 96.0% 92.3%
Rate taking subleases into consideration 90.1% - - 92.2%
Number of properties 13 6 14 33
Cumulative number of tenants - - - 511
Number taking subleases into consideration - - - 575
Nov.2003
5th Period
Total rentable area(m2 198,118 63,425 94,491 356,034
Occupancy rate 90.3% 92.6% 95.5% 92.1%
Rate taking subleases into consideration 90.1% - - 92.0%
Number of properties 12 6 14 32
Cumulative number of tenants - - - 499
Number taking subleases into consideration - - - 564
Oct.2003
5th Period
Total rentable area(m2 198,042 63,425 84,728 346,195
Occupancy rate 90.2% 92.9% 94.3% 91.7%
Rate taking subleases into consideration 90.0% - - 91.6%
Number of properties 12 6 12 30
Cumulative number of tenants - - - 472
Number taking subleases into consideration - - - 538
Sep.2003
5th Period
Total rentable area(m2 198,042 63,425 84,715 346,182
Occupancy rate 90.1% 92.2% 95.5% 91.8%
Rate taking subleases into consideration 89.9% - - 91.7%
Number of properties 12 6 12 30
Cumulative number of tenants - - - 467
Number taking subleases into consideration - - - 534
Aug.2003
5th Period
Total rentable area(m2 197,815 63,425 79,256 340,496
Occupancy rate 88.8% 92.5% 95.4% 91.0%
Rate taking subleases into consideration 88.5% - - 90.9%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 443
Number taking subleases into consideration - - - 507
Jul.2003
5th Period
Total rentable area(m2 197,818 63,425 79,254 340,497
Occupancy rate 98.3% 92.4% 94.9% 96.4%
Rate taking subleases into consideration 98.1% - - 96.3%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 444
Number taking subleases into consideration - - - 509
Jun.2003
4th Period
Total rentable area(m2 197,818 63,425 79,254 340,497
Occupancy rate 95.4% 93.8% 94.3% 94.8%
Rate taking subleases into consideration 95.1% - - 94.7%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 446
Number taking subleases into consideration - - - 510
May.2003
4th Period
Total rentable area(m2 197,852 63,425 79,260 340,528
Occupancy rate 94.6% 94.4% 94.9% 94.6%
Rate taking subleases into consideration 94.3% - - 94.4%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 447
Number taking subleases into consideration - - - 507
Apr.2003
4th Period
Total rentable area(m2 197,842 63,425 79,266 340,533
Occupancy rate 97.7% 93.0% 94.7% 96.1%
Rate taking subleases into consideration 97.4% - - 95.9%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 447
Number taking subleases into consideration - - - 508
Mar.2003
4th Period
Total rentable area(m2 197,842 63,410 79,264 340,517
Occupancy rate 96.4% 92.5% 95.0% 95.4%
Rate taking subleases into consideration 96.4% - - 95.3%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 453
Number taking subleases into consideration - - - 485
Feb.2003
4th Period
Total rentable area(m2 197,761 59,200 79,261 336,222
Occupancy rate 96.4% 92.1% 94.7% 95.3%
Rate taking subleases into consideration 96.3% - - 95.2%
Number of properties 12 6 11 29
Cumulative number of tenants - - - 449
Number taking subleases into consideration - - - 480
Jan.2003
4th Period
Total rentable area(m2 183,863 59,200 79,271 322,335
Occupancy rate 96.4% 91.2% 94.6% 95.0%
Rate taking subleases into consideration 96.2% - - 94.9%
Number of properties 11 6 11 28
Cumulative number of tenants - - - 443
Number taking subleases into consideration - - - 460

"Total rentable area" means the area pertaining to NBF's interests compared to the gross area of offices, stores, warehouses and residences (including common use areas etc. if the same are leased) available for lease in a specific building/facility on specified land as of a specific time.

"Occupancy rate" means the ratio of the leased area to the total rentable area in a specified location or all locations (total). Values less than 0.05 are disregarded, and values of 0.05 or more are rounded up to 0.1.

When several properties are leased to the same tenant, "Cumulative number of tenants" means the number of tenants counting the tenant of a single (1) property being as being one (1) and the tenant of a certain number of properties being such number of tenants. The number of tenants represents the total number of tenants for the properties regardless of NBF’s interests.

* For properties where lessees sublease the same to sublessees, and if rents received by NBF may vary depending on the situations of such subleases, in the columns of "Rate taking subleases into consideration" with respect to "Occupancy rate", or "Rate taking subleases into consideration" with respect to “Cumulative number of tenants”, the figures taking subleases into consideration are used instead of "Occupancy rate" or "Number of cumulative tenants" reflecting only leases to lessees of such properties, together with "Occupancy rate" or "Number of cumulative tenants" of the other properties.

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NBF Up Date

Number of Properties: 60
Acquisition Price: 762 billion yen
1H/08(Actual)22,549 yen
Occupancy Rate97.4%

As of November 14, 2008 (Occupancy Rate: September 30)