Asset Type

For diversification in terms of asset type, SANKEI REAL ESTATE makes it a rule to set “office buildings,” the asset type representative of Japan’s real estate (securitization) market, as the primary investment target, while making a fixed percentage of investments in other asset types that possess characteristics different from “office buildings” and which contribute to growth and stability in portfolio revenue. This is to build a strong portfolio that features both revenue stability and growth capable of withstanding the cyclical real estate market. We plan to build diversified portfolio using the above as a guide.

Geographic Area

As a rule, SANKEI REAL ESTATE sets Greater Tokyo, Greater Osaka and Greater Nagoya as the primary investment areas given SANKEI REAL ESTATE’s investment policy with regard to the asset type, their population, economic and commercial agglomeration, etc., while also investing a certain percentage in cities designated by government ordinance, core cities and other major regional cities across Japan, as a measure to diversify the risks of assets under management and to accommodate the characteristics of each asset type with an ideal location, etc.

About asset type

• “Residential facilities” refer to asset types with residential and other functions, such as residences, student residences, and healthcare facilities.
• “Other” refers to asset types other than office buildings, hotels, logistics facilities, and residential facilities.

About geographic area

• “Greater Tokyo” refers to Tokyo, Kanagawa, Saitama and Chiba prefectures.
• “Greater Osaka” refers to Osaka, Hyogo and Kyoto prefectures, limited to cities designated by government ordinances, core cities, and major regional cities within each prefecture.
• “Greater Nagoya” refers to Aichi, Gifu, and Mie prefectures, limited to cities designated by government ordinances, core cities, and major regional cities within each prefecture.
• “Core cities” refers to cities with population of 200,000 or more (excluding Greater Tokyo, Osaka City and Nagoya City, and other cities designated by government ordinance).
• “Major regional cities” refers to cities that are municipalities with population of less than 200,000 and the Asset Management Company has deemed certain demand can be found for specific asset types.