Hankyu Hanshin REIT, Inc.

Strengths

Portfolio Structure Policy

Ownership period

Hankyu Hanshin REIT, Inc. shall acquire and manage properties on the premise of long-term ownership.

Zoning and investment ratio

Emphasis on investment in retail-use zones
Hankyu Hanshin REIT shall invest in retail-, office-use, and complex facilities.
In principle, retail-use zone investment as a percentage of the total investment amount of the entire portfolio shall be 50% or more (on an acquisition price basis) as of the end of each fiscal period.

"Retail-use zone*" refers to a zone in which visitors receive goods and services in return for payment at offices, stores, restaurants, amusement facilities, clinics, private preparatory schools (juku), schools, beauty salons, rental meeting rooms, halls, theaters, hotels and entertainment facilities, as well as a supplementary zone that provides goods and services.
"Office-use zone" refers to a zone and a supplementary zone intended for office use.
A zone that does not fall in either the retail- and office-use categories, such as residents, is called a "Zone for other uses".

  • For Hotel-use zone within "retail-use zone", in principle, the share of the hotel-use portion shall not exceed 20% of the entire assets under management of Hankyu Hanshin REIT.

Region and investment ratio

Investment focus on the Kansai Region

Investment target areas of Hankyu Hanshin REIT shall be the Tokyo metropolitan area, government-ordinance-designated cities nationwide, and other comparable major cities. In principle, investment in the Kansai Region shall be 50% or more of the entire portfolio (on an acquisition price basis).

Gross product of the Kansai Region - equivalent to the nineteenth in the world

The gross product of the Kansai Region in fiscal 2015 was about 15% of Japan's gross domestic product (GDP). In comparison with foreign nations, Kansai's gross regional product exceeded the 2015 GDP of Switzerland, which ranked nineteenth, and that of Saudi Arabia, which ranked twentieth.

Fiscal 2015 GDP (Billions of Yen)

The Economic and Social Research Institute, Cabinet Office, Prefectural Accounts: Gross Prefectural Domestic Product (nominal) (Fiscal Year 2015)

Comparison with GDP of foreign nations (Billions of US Dollars)

Kansai Region: The Economic and Social Research Institute, Cabinet Office, Prefectural Accounts: Gross Prefectural Domestic Product (nominal) (Fiscal year 2015)
Foreign nations: The Statistics Bureau of the Ministry of Internal Affairs and Communications, Chapter 3 National Accounts, 3-2 Gross Domestic Product (in U.S. dollars) (2015) in Sekai-no-Tokei (The World Statistics) 2019.
  • The above graph juxtaposes GDP in foreign nations in calendar year 2015 and gross regional product of the Kansai Region in fiscal 2015 ended March 2016.