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Page 16 mentions other topics.
No.1 in the upper left shows an example of contribution to revenue through effective use of zones.
In "A-PLACE Bashamichi", we redesigned into an office a zone previously used as rental meeting rooms which struggled with low occupancy. In "A-PLACE Shibuya Konnoh", we resigned into an office a zone previously used personally by owner. And in "A-PLACE Ebisu Minami", we leased out a warehouse to a third-party previously used by BM. By those implementations, we achieved a revenue increase of ¥3.4 million per normalized period without making new investment.
No.2 in the lower left introduces measures we have taken in order to increase revenue, all of which are unique to "Urban Retail Properties", such as a beer terrace in the roof terrace of "Tokyu Plaza Omotesando Harajuku", "Akasaka Marche" in a hallway of "Tokyu Plaza Akasaka", and hanging advertisement displays in "Tokyu Plaza Akasaka".
No.3 in the upper right shows examples of management system revisions at "A-PLACE Shinagawa Higashi" and "icot Tama Center" and revisions of power supply contract at "A-FLAG SAPPORO" and "Shiodome Building" aimed at reducing costs. These four measures served to reduce costs by a total of ¥13.5 million per normalized period.
No.4 in the lower right shows examples of value-up construction.
In addition to increasing value of the building, these measures also aim at increasing tenant satisfaction, boosting facility attractiveness and competitiveness, which should lead to the revenue contribution.
Please turn to the next page.
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