Occupancy Rates for Latest 2 Periods

Central Tokyo			Suburban Tokyo
Other Regional Cities			Total
Leasable Floor Space

		1st Period Apr. 30, 2004	2nd Period Oct. 31, 2004	3rd Period Apr. 30, 2005	4th Period Oct. 31, 2005	5th Period Apr. 30, 2006	6th Period Oct. 31, 2006
Central Tokyo	No. of Properties	6	9	10	11	12	13
	No. of Tenants	129	142	146	156	176	176
	Leasable Floor Space (m2)	85,196.05	99,081.20	141,311.93	146,078.28	151,471.70	160,292.94
	Occupancy Rate	94.9%	95.9%	99.2%	98.0%	99.4%	99.3%
Suburban Tokyo	No. of Properties	4	4	4	6	7	7
	No. of Tenants	31	31	32	84	99	101
	Leasable Floor Space (m2)	46,830.14	46,829.84	46,829.84	61,931.63	65,832.48	65,803.71
	Occupancy Rate	94.7%	95.7%	98.8%	98.8%	99.2%	99.5%
Other Regional Cities	No. of Properties	5	5	5	6	9	10
	No. of Tenants	104	104	109	117	192	235
	Leasable Floor Space (m2)	48,767.31	48,762.61	48,762.90	53,418.59	76,159.92	90,035.84
	Occupancy Rate	89.3%	90.0%	94.1%	93.6%	95.7%	95.2%
Total	No. of Properties	15	18	19	23	28	30
	No. of Tenants	264	277	287	357	467	512
	Leasable Floor Space (m2)	180,793.50	194,673.65	236,904.67	261,428.50	293,464.10	316,132.49
	Occupancy Rate	93.3%	94.4%	98.1%	97.3%	98.4%	98.2%

		7th Period Apr. 30, 2007	8th Period Oct. 31, 2007	9th Period Apr. 30, 2008	10th Period Oct. 31, 2008	11th Period Apr. 30, 2009	12th Period Oct. 31, 2009
Central Tokyo	No. of Properties	13	14	14	20	23	23
	No. of Tenants	178	181	183	225	251	246
	Leasable Floor Space (m2)	160,292.94	163,151.66	162,967.52	183,739.79	194,026.30	193,965.01
	Occupancy Rate	99.9%	98.6%	98.9%	97.8%	98.2%	96.2%
Suburban Tokyo	No. of Properties	7	8	9	10	12	12
	No. of Tenants	102	104	123	124	134	133
	Leasable Floor Space (m2)	65,806.54	70,038.33	72,097.30	73,676.35	80,482.07	80,497.75
	Occupancy Rate	99.5%	99.1%	97.2%	99.0%	95.3%	94.5%
Other Regional Cities	No. of Properties	11	12	14	16	15	15
	No. of Tenants	237	248	277	327	276	287
	Leasable Floor Space (m2)	124,612.52	129,583.63	160,266.17	173,071.67	161,586.04	161,439.06
	Occupancy Rate	96.1%	96.5%	96.4%	96.1%	94.8%	94.8%
Total	No. of Properties	31	34	37	46	50	50
	No. of Tenants	517	533	583	676	661	666
	Leasable Floor Space (m2)	350,712.00	362,773.62	395,330.99	430,487.81	436,094.41	435,901.82
	Occupancy Rate	98.5%	97.9%	97.6%	97.3%	96.4%	95.4%

		13th Period Apr. 30, 2010	14th Period Oct. 31, 2010	15th Period Apr. 30, 2011	16th Period Oct. 31, 2011
Central Tokyo	No. of Properties	23	23	23	21
	No. of Tenants	253	257	262	259
	Leasable Floor Space (m2)	193,983.21	193,969.99	177,033.95	172,946.38
	Occupancy Rate	96.7%	97.0%	92.4%	96.9%
Suburban Tokyo	No. of Properties	12	12	12	11
	No. of Tenants	139	140	151	152
	Leasable Floor Space (m2)	80,495.04	80,491.65	74,479.65	62,273.48
	Occupancy Rate	95.5%	94.5%	96.2%	97.0%
Other Regional Cities	No. of Properties	16	16	16	16
	No. of Tenants	294	307	333	342
	Leasable Floor Space (m2)	164,660.90	164,456.92	164,423.26	164,405.50
	Occupancy Rate	92.8%	91.6%	94.3%	95.6%
Total	No. of Properties	51	51	51	48
	No. of Tenants	686	704	746	753
	Leasable Floor Space (m2)	439,139.15	438,918.56	415,936.86	399,625.36
	Occupancy Rate	95.0%	94.5%	93.8%	96.4%