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Next on the page 18, let me explain the status of our hotels.
Three of our properties contain hotel sections: Tokyu Plaza Akasaka, A-FLAG SAPPORO, and Kobe Kyu Kyoryuchi 25 Bankan, with a fixed-rent rate of 84%.
The graphs in the middle on the left show the sales status of our hotels.
The average occupancy rate in the 12th period was 90%, and the average RevPAR was 102% year-on-year. In addition, the strong revenue also contributed to the total sales-linked rent at Tokyu Hotel Akasaka and A-FLAG SAPPORO for the 12th period which was ¥223.7 million, up ¥17.1 million from the 10th period.
For the 13th (Kobe Kyu Kyoryuchi 25Bankan) and 14th periods (Tokyu Hotel Akasaka and A-FLAG SAPPORO), we forecast ¥74.2 million and ¥271.9 million respectively, expecting revenue growth year-on-year by achieving an increase in other sales than rooms such as foods and beverages.
Next I would like to refer to the leasing status of Shinbashi Place, where the actual tenant is scheduled to depart on May 14, 2018 in the 13th period.
As announced in the press release and other publications, we have already concluded lease contracts for approximately 60% of floor from the 1st to the 6th floors. And also, it is unofficially decided that another floor will be leased to a tenant.
Originally two of our Sponsor Group companies scheduled to lease floors including the second, though they will move to the third to seventh floors, and the new tenant will move in the second floor.
We will continue diligently leasing effort for an earliest commencement of lease for the three remaining floors from the eighth to tenth.
Please turn to the next page.
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