Tokyu Land CorporationToward a Beautiful Age -The Tokyu Group

Latest Monthly Report (simple version)

-Monthly Report- December 2010

J-REIT Asset Size

Number of Properties:1,834(Last month 1,831)
Total Assets(Based on Purchase):7,980 Billion Yen (Last month 7,962 Billion Yen)
Total Assets(Based on Appraisal):7,560 Billion Yen (Last month 7,605 Billion Yen)
J-REIT:36 J-REITs (Last month 36 J-REITs)*As of the end of November 2010

1. NOI Cap Rate:5.8%(Last month 5.9%)

Area Minato,Chuo,Chiyoda:5.2%(Last month5.2%) Chiho:6.5%(Last month 6.5%)

Asset type Office:5.9%(Last month5.9%) Residential:5.8%(Last month 5.9%)


-0.1P

2. Acquisition Trends: 5
(Last month 6)


-1

4. Sales Trends: 2
(Last month 2)


0

Cap rate (month to month basis) Rise in Red, Flat in Orange, Down in Green.

December 2010 Monthly report(15-December -10)

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Enquiry

Tokyu Land Corporation
21-2 DOGENZAKA 1-CHOME,SHIBUYA-KU,TOKYO,150-0043 JAPAN
mailtlcjreits@tokyu-land.co.jp