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Tenant Occupancy Rate

8th Priod-9th Priod

Performance Graph

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

Location Tokyo CBDs Other Greater Tokyo Other Cities Total
Dec.2005
9th Period
Total rentable area(m2 310,959 129,577 137,708 578,243
Occupancy rate 99.5% 96.8% 96.2% 98.1%
Rate taking subleases into consideration 99.1% - - 97.9%
Number of properties 25 10 17 52
Cumulative number of tenants - - - 868
Number taking subleases into consideration - - - 1,009
Nov.2005
9th Period
Total rentable area(m2 310,959 129,577 137,708 578,243
Occupancy rate 99.3% 96.2% 96.5% 97.9%
Rate taking subleases into consideration 98.9% - - 97.7%
Number of properties 25 10 17 52
Cumulative number of tenants - - - 859
Number taking subleases into consideration - - - 1,000
Oct.2005
9th Period
Total rentable area(m2 310,966 129,577 137,708 578,250
Occupancy rate 99.3% 96.3% 96.2% 97.9%
Rate taking subleases into consideration 98.9% - - 97.7%
Number of properties 25 10 17 52
Cumulative number of tenants - - - 857
Number taking subleases into consideration - - - 997
Sep.2005
9th Period
Total rentable area(m2 283,326 129,577 135,372 548,274
Occupancy rate 99.8% 96.0% 96.5% 98.1%
Rate taking subleases into consideration 99.3% - - 97.8%
Number of properties 24 10 17 51
Cumulative number of tenants - - - 796
Number taking subleases into consideration - - - 933
Aug.2005
9th Period
Total rentable area(m2 271,022 89,358 135,372 495,752
Occupancy rate 99.8% 96.3% 96.7% 98.3%
Rate taking subleases into consideration 99.3% - - 98.1%
Number of properties 23 8 17 48
Cumulative number of tenants - - - 773
Number taking subleases into consideration - - - 904
Jul.2005
9th Period
Total rentable area(m2 263,572 89,358 135,373 488,303
Occupancy rate 99.8% 95.3% 96.5% 98.0%
Rate taking subleases into consideration 99.7% - - 98.0%
Number of properties 22 8 17 47
Cumulative number of tenants - - - 764
Number taking subleases into consideration - - - 857
Jun.2005
8th Period
Total rentable area(m2 263,585 89,367 135,371 488,323
Occupancy rate 99.9% 95.0% 96.6% 98.1%
Rate taking subleases into consideration 99.8% - - 98.0%
Number of properties 23 8 17 48
Cumulative number of tenants - - - 763
Number taking subleases into consideration - - - 855
May.2005
8th Period
Total rentable area(m2 263,605 89,361 135,390 488,356
Occupancy rate 99.2% 94.9% 96.3% 97.6%
Rate taking subleases into consideration 99.1% - - 97.5%
Number of properties 22 8 17 47
Cumulative number of tenants - - - 759
Number taking subleases into consideration - - - 851
Apr.2005
8th Period
Total rentable area(m2 263,609 88,609 135,390 487,608
Occupancy rate 98.9% 95.0% 96.4% 97.5%
Rate taking subleases into consideration 98.8% - - 97.4%
Number of properties 22 8 17 47
Cumulative number of tenants - - - 754
Number taking subleases into consideration - - - 847
Mar.2005
8th Period
Total rentable area(m2 263,676 88,609 135,389 487,674
Occupancy rate 96.9% 95.0% 95.8% 96.2%
Rate taking subleases into consideration 96.6% - - 96.1%
Number of properties 22 8 17 47
Cumulative number of tenants - - - 742
Number taking subleases into consideration - - - 832
Feb.2005
8th Period
Total rentable area(m2 258,805 83,283 123,959 466,047
Occupancy rate 98.0% 94.4% 96.0% 96.8%
Rate taking subleases into consideration 97.8% - - 96.7%
Number of properties 21 7 16 44
Cumulative number of tenants - - - 669
Number taking subleases into consideration - - - 757
Jan.2005
8th Period
Total rentable area(m2 253,548 83,294 124,054 460,896
Occupancy rate 99.5% 94.5% 95.2% 97.4%
Rate taking subleases into consideration 99.3% - - 97.3%
Number of properties 20 7 16 43
Cumulative number of tenants - - - 666
Number taking subleases into consideration - - - 755

"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)