Home > Kenedix Realty Investment > About Kenedix Realty Investment > Profile of Assets
Kenedix Office Partners, Inc. (KOP), asset manager of Kenedix Realty Investment Corporation (KRI), executes a proprietary investment strategy based on a three-point investment criteria system incorporating key data on property type, area and size to ensure the optimal portfolio balance between risk and return. KOP reevaluates and amends KRI's portfolio development policy on a periodic basis.
Through in-depth analysis, KOP identified mid-sized office real estate in the Tokyo Metropolitan Area and other core Japanese urban areas as a sector with stable tenant demand, sustainable long-term growth and significant investment liquidity. KRI then adjusted its investment strategy in December 2006 to exclusively target acquisition of mid-sized office buildings but also maintains a limited number of high-profile, retail properties in flourishing districts. As of May 10, 2013, KRI owned a total of 82 properties, primarily consisting of mid-sized office buildings.
(as of May 10, 2013)
Property Type
| Total Acquisition Price: | 290,900 mn yen |
|---|---|
| Total Number of Properties: | 82 properties |
| Weighted-Average Portfolio Age (years): | 22.0 years |
Office Buildings by Area
Office Buildings by Acquisition Price
| Notes: | |
| 1. | Percentage figures in the above pie charts represent the proportion of each category as a percentage of the total calculated on the basis of property acquisition price. Percentage figures are rounded down to the first decimal place. |
| 2. | KDX Shin-Yokohama 381 Building and KDX Shin-Yokohama 381 Building Annex Tower are calculated together as one property for the above figures. |
| 3. | Weighted-Average Portfolio Age (years) is calculated by using the completion date (March 1988) for the KDX Shin-Yokohama 381 Building (existing tower), and the completion date (April 2009) for the KDX Shin-Yokohama 381 Building Annex Tower is not considered in the calculation. |
| 4. | The graph above does not include Senri Property TMK Preferred Securities (¥891 million). |
