Hankyu Hanshin REIT, Inc.

Portfolio Information

Occupancy Rate

* This table can be scrolled horizontally.

4th Dec. 2006 Jan. 2007 Feb. Mar. Apr. May
Total 99.4% 98.2% 98.6% 98.6% 98.5% 98.5%
HEP Five 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Kitano Hankyu Building 97.9% 97.9% 100.0% 100.0% 99.4% 99.4%
Dew Hankyu Yamada 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Ueroku F Building 95.2% 66.5% 66.5% 66.5% 66.5% 66.5%
NU chayamachi 99.2% 99.2% 99.2%

* This table can be scrolled horizontally.

3rd Jun. 2006 Jul. Aug. Sep. Oct. Nov.
Total 99.5% 99.4% 99.3% 99.3% 99.3% 99.3%
HEP Five 100.0% 100.0% 99.8% 99.8% 100.0% 100.0%
Kitano Hankyu Building 97.9% 97.1% 97.1% 97.1% 97.1% 97.1%
Dew Hankyu Yamada 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Ueroku F Building 100.0% 100.0% 100.0% 100.0% 95.2% 95.2%
NU chayamachi

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