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CEO Message

Premier REIT Advisors Co., Ltd. (PRA), the asset management company of Premier Investment Corporation (PIC), became a consolidated subsidiary of NTT Urban Development Corporation (NTTUD) in May 2010.

Since that time, our close coordination with NTTUD has facilitated a steady expansion in the asset size of PIC.

As of April 30, 2017, PIC's portfolio has 59 properties comprised of 28 office buildings and 31 residential properties, with the asset size amounting to 234.0 billion yen. The occupancy rate of the entire portfolio was 95.4% as of that date.

Furthermore, PRA is resolved to implement its initiatives to achieve the goal of realizing a sustainable environment and society, based on the Sustainability Policy it established in November 2015.

Going forward, we will continue our endeavors to further expand PIC's asset size while working to enhance the quality of its portfolio as we aim to achieve stable management over the medium to long term. In doing so, we will put forth our utmost efforts to meet the expectations of PIC's unitholders. We appreciate and request your continued support and encouragement of PIC.

June 16, 2017

President and CEO

Takahiro Okuda
President and CEO