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Tenant Occupancy Rate

14th Priod-15th Priod

Performance Graph

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

Location Tokyo CBDs Other Greater Tokyo Other Cities Total
Aug.2008
15th Period
Total rentable area(m2 362,092 237,513 164,146 763,751
Occupancy rate 99.2% 98.3% 93.9% 97.8%
Rate taking subleases into consideration 98.7% 97.5% 93.8% 97.3%
Number of properties 30 13 17 60
Cumulative number of tenants - - - 951
Number taking subleases into consideration - - - 1,275
Jul.2008
15th Period
Total rentable area(m2 352,474 237,512 164,146 754,133
Occupancy rate 99.1% 98.3% 92.9% 97.5%
Rate taking subleases into consideration 98.7% 97.5% 92.8% 97.1%
Number of properties 29 13 17 59
Cumulative number of tenants - - - 944
Number taking subleases into consideration - - - 1,268
Jun.2008
14th Period
Total rentable area(m2 349,042 237,512 164,146 750,701
Occupancy rate 99.3% 98.6% 91.7% 97.4%
Rate taking subleases into consideration 98.8% 97.8% 91.6% 96.9%
Number of properties 28 13 17 58
Cumulative number of tenants - - - 931
Number taking subleases into consideration - - - 1,255
May.2008
14th Period
Total rentable area(m2 349,042 241,086 169,091 759,219
Occupancy rate 99.3% 98.4% 92.7% 97.6%
Rate taking subleases into consideration 99.2% 98.4% 92.7% 97.5%
Number of properties 28 14 18 60
Cumulative number of tenants - - - 951
Number taking subleases into consideration - - - 1,278
Apr.2008
14th Period
Total rentable area(m2 349,042 241,116 169,093 759,251
Occupancy rate 98.7% 98.7% 93.0% 97.5%
Rate taking subleases into consideration 98.4% 98.7% 93.0% 97.3%
Number of properties 28 14 18 60
Cumulative number of tenants - - - 950
Number taking subleases into consideration - - - 1,280
Mar.2008
14th Period
Total rentable area(m2 349,053 241,256 169,093 759,401
Occupancy rate 99.5% 90.9% 93.1% 95.3%
Rate taking subleases into consideration 99.2% 90.9% 93.1% 95.2%
Number of properties 28 14 18 60
Cumulative number of tenants - - - 951
Number taking subleases into consideration - - - 1,279
Feb.2008
14th Period
Total rentable area(m2 349,051 189,992 158,156 697,199
Occupancy rate 99.6% 98.4% 96.8% 98.6%
Rate taking subleases into consideration 99.3% 98.4% 96.8% 98.5%
Number of properties 28 12 17 57
Cumulative number of tenants - - - 903
Number taking subleases into consideration - - - 1,232
Jan.2008
14th Period
Total rentable area(m2 349,051 189,992 158,162 697,205
Occupancy rate 99.5% 98.4% 97.4% 98.7%
Rate taking subleases into consideration 99.1% 98.4% 97.4% 98.5%
Number of properties 28 12 17 57
Cumulative number of tenants - - - 902
Number taking subleases into consideration - - - 1,230

"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 Rate97.8%

As of August 31, 2008