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Next, I would like to talk about our portfolio status with advancing integration of retail and office.
In page right, some examples of leasing for office zones in Urban Retail properties and retail zones in Tokyo Office properties are shown.
Our advantages are summarized in two points; (i) as a soft aspect, the operational and management know-how for both office and retail that our sponsor has, and the unique know-how of the asset manager who can leverage such sponsor expertise, and (ii) as a hard aspect, the location of our properties, which allows both office and retail properties which provides broader choices for leasing and upside rent potential,
And in the bottom right, there’re three properties where we can expect rent upside, and for those, we will make effort to maximize internal growth by pursuing higher rent by making aware of tenant needs without persisting past cases.
Please move on to the next page.
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