| TOKYU REIT's core strategy is to invest in retail and office properties in Central Tokyo and the Tokyu Areas. It is intended that investments in such areas will comprise 85% or more of total portfolio. TOKYU REIT believes that the fluctuation of rental income and occupancy rates with respect to the properties TOKYU REIT intends to acquire is relatively stable. Although it is possible that properties with higher risks or greater fluctuation of property values, rental income or occupancy rates may generate high profit returns, TOKYU REIT does not intend to invest in such properties. TOKYU REIT expects the remaining part of its portfolio (up to 15%) to consist of properties in other commercial and business districts in the Tokyo metropolitan area, including Kanagawa, Saitama and Chiba prefectures. TOKYU REIT does not intend to invest in properties in any areas other than those described above. |
