Investment Targeted Areas
TOKYU REIT invests primarily in Central Tokyo, and the Tokyu Areas. It does not invest outside of the Tokyo Metropolitan Area.
|Central Tokyo||Five Central Tokyo Wards||Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards||More than 85%|
commercial and retail
districts of Tokyo
|The areas surrounding Ikebukuro, Koraku, Ueno and other areas|
|Tokyu Areas||Tokyu Rail network hub||Shibuya Ward|
|Other Tokyu rail
|Tokyo: Shinagawa, Meguro, Setagaya and Ota wards : Machida City
Yokohama, Kanagawa, Prefecture : Kouhoku, Kanagawa, Naka, Nishi, Midori, Aoba and Tsuzuki wards
Kawasaki, Kanagawa Prefecture : Nakahara, Takatsu and Miyamae wards
Yamato, Kanagawa Prefecture
|Other||Other districts in the Tokyo Metropolitan Area, including Kanagawa, Saitama and Chiba prefectures (excluding the separately mentioned areas above)||Less than 15%|
TOKYU REIT intends to invest primarily in retail and office properties in Central Tokyo, and the Tokyu Areas.TOKYU REIT believes these areas present high growth potential as a result of the following characteristics: (i) a growing population and a steady increase in the number of households, (ii) a high average income level, and (iii)an increase in the number of passengers using the Tokyu rail lines. In addition, TOKYU REIT believes Shibuya ward, which is the hub of the Tokyu rail network, presents a relatively favorable area for investment due to (i) the increase in the number of people using Shibuya Station in recent years, and (ii) the relatively low office property vacancy rates in Shibuya ward.