Matters Related to Investment Units

as of June 30, 2017

Unitholders' capital

Total number of authorizedunits 5,000,000units
Number of units outstanding 923,000units
Unitholders' capital (millions of yen) 231,653
Total number of unitholders 12,535

List of Indices

Index MSCI World Index / MSCI Standard Japan Index
FTSE EPRA / NAREIT Global Real Estate Index
GPR 250 Index / GPR 250 REIT Index
Thomson Reuters / GPR / APREA Investable 100 Index
Dow Jones Global Select Real Estate Securities Index / Dow Jones Global Select REIT Index
S&P Global REIT Index / S&P Developed REIT Index
Russel Global Index

Changes in Unitholder’s Capital

Date Event Total Number of Units Issued and Outstanding Unitholder’s Capital (millions of yen) Remarks
Change Amount Change Amount
September 14, 2001 Established by private placement 240 240 120 120 (Note 2)
November 16, 2001 Additional private placement 62,000 62,240 31,000 31,120 (Note 3)
January 22, 2002 Split of investment units 93,360 155,600 - 31,120 (Note 4)
June 14, 2002 Initial public offering 134,000 289,600 25,862 56,982 (Note 5)
July 15, 2003 Additional public offering 134,400 424,000 30,758 87,740 (Note 6)
August 9, 2003 Third-party allotment 6,000 430,000 1,373 89,113 (Note 7)
February 1, 2005 Additional public offering 95,000 525,000 25,001 114,115 (Note 8)
March 1, 2005 Third-party allotment 5,000 530,000 1,315 115,431 (Note 9)
February 6, 2007 Additional public offering 90,000 620,000 39,120 154,552 (Note 10)
March 7, 2007 Third-party allotment 5,000 625,000 2,173 156,725 (Note 11)
February 8, 2010 Additional public offering 82,000 707,000 13,315 170,040 (Note 12)
March 12, 2010 Third-party allotment 8,000 715,000 1,299 171,339 (Note 13)
July 30, 2012 Additional public offering 101,420 816,420 19,089 190,429 (Note 14)
August 29, 2012 Third-party allotment 8,580 825,000 1,614 192,044 (Note 15)
June 16, 2015 Additional public offering 45,700 870,700 17,472 209,516 (Note 16)
June 24, 2015 Third-party allotment 2,300 873,000 879 210,395 (Note 17)
January 24, 2017 Additional public offering 47,600 920,600 20,237 230,632 (Note 18)
February 14, 2017 Third-party allotment 2,400 923,000 1,020 231,653 (Note 19)
  • (Note 1)Unitholders’ capital is indicated by the millions, and is rounded down to the nearest million yen.
  • (Note 2)JPR was formed by the investment of three companies Tokyo Tatemono Co., Ltd. (100 units), Taisei Corporation (100 units) and Tokyo Realty Investment Management, Inc. (40 units) at 500,000 yen per unit.
  • (Note 3)An additional offering was made via private placement at 500,000 yen per unit. JPR then acquired 13 beneficiary interests in real estate trust and started management.
  • (Note 4)A single investment unit was split into 2.5 units.
  • (Note 5)New investment units were issued through a public offering at 200,000 yen per unit (underwriting price of 193,000 yen per unit) to repay short-term debt, finance the acquisition of new specific assets, etc.
  • (Note 6)New investment units were issued through a public offering at 237,160 yen per unit (underwriting price of 228,859 yen per unit) to repay short-term debt, acquire new specific assets, etc.
  • (Note 7)New investment units were issued through a third-party allotment at 228,859 yen per unit to repay short-term debt, acquire new specific assets, etc.
  • (Note 8)New investment units were issued through a public offering at 272,440 yen per unit (underwriting price of 263,177 yen per unit) to repay short-term debt, acquire new specific assets, etc.
  • (Note 9)New investment units were issued through a third-party allotment at 263,177 yen per unit to repay short-term debt, acquire new specific assets, etc.
  • (Note 10)New investment units were issued through a public offering at 449,820 yen per unit (underwriting price of 434,673 yen per unit) to repay debt, acquire new specific assets, etc.
  • (Note 11)New investment units were issued through a third-party allotment at 434,673 yen per unit to repay debt, acquire new specific assets, etc.
  • (Note 12)New investment units were issued through a public offering at 168,101 yen per unit (underwriting price of 162,382 yen per unit) to repay short-term debt, redeem investment corporation bonds, acquire new specific assets, etc.
  • (Note 13)New investment units were issued through a third-party allotment at 162,382 yen per unit to repay short-term debt, redeem investment corporation bonds, acquire new specific assets, etc.
  • (Note 14)New investment units were issued through a public offering at 194,610 yen per unit (underwriting price of 188,222 yen per unit) to partly fund acquisition of new specific assets and repay debts.
  • (Note 15)New investment units were issued through a third-party allotment at 188,222 yen per unit to partly fund acquisition of new specific assets and repay debts.
  • (Note 16)New investment units were issued through a public offering at 394,875 yen per unit (underwriting price of 382,320 yen per unit) to repay debts.
  • (Note 17)New investment units were issued through a third-party allotment at 382,320 yen per unit to repay debts.
  • (Note 18)New investment units were issued through a public offering at 439,040 yen per unit (underwriting price of 425,152 yen per unit) to partly fund acquisition of new specific assets and repay debts.
  • (Note 19)New investment units were issued through a third-party allotment at 425,152 yen per unit to partly fund acquisition of new specific assets and repay debts.

Major Unitholders

Name Address Number of Owned Units Percentage of Total Units Outstanding (%)
(Note)
Japan Trustee Services Bank, Ltd. (Trust Account) 1-8-11 Harumi, Chuo-ku, Tokyo 225,911 24.47
Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) Harumi Island Triton Square Office Tower Z, 1-8-12 Harumi, Chuo-ku, Tokyo 67,906 7.35
The Master Trust Bank of Japan, Ltd. (Trust Account) 2-11-3 Hamamatsucho, Minato-ku, Tokyo 66,131 7.16
The Nomura Trust and Banking Co., Ltd. (Investment Trust Account) 2-2-2 Otemachi, Chiyoda-ku, Tokyo 37,355 4.04
Tokyo Tatemono Co., Ltd. 1-9-9 Yaesu, Chuo-ku, Tokyo 29,300 3.17
Kawasaki Gakuen 577 Matsushima, Kurashiki-shi, Okayama 25,000 2.70
Meiji Yasuda Life Insurance Company 2-1-1 Marunouchi, Chiyoda-ku, Tokyo 24,000 2.60
State Street Bank West Client Treaty 505234 (Standing Proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.) 1776 Heritage Drive, North Quincy, MA 02171, U.S.A. (Shinagawa Intercity Building A, 2-15-1 Konan, Minato-ku, Tokyo) 23,033 2.49
State Street Bank West Pension Fund Clients Exempt 505233 (Standing Proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.) 1776 Heritage Drive, North Quincy, MA 02171, U.S.A. (Shinagawa Intercity Building A, 2-15-1 Konan, Minato-ku, Tokyo) 18,014 1.95
State Street Bank and Trust Company 505223 (Standing Proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.) P. O. Box 351, Boston, MA 02101, U.S.A. (Shinagawa Intercity Building A, 2-15-1 Konan, Minato-ku, Tokyo) 13,154 1.42
Total 529,804 57.4
  • (Note 1)Percentage of total units outstanding is rounded off to the third decimal place.

Breakdown of Unitholders