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CEO Message

On behalf of Premier REIT Advisors Co., Ltd. (PRA), I would like to express my sincere appreciation for your patronage.

PRA became a consolidated subsidiary of NTT Urban Development Corporation (NTTUD) in May 2010.
Since that time, our coordination with NTTUD has facilitated a steady expansion in the asset size of PIC.

As of October 31, 2018, PIC’s owned assets comprise 60 properties (27 office buildings and 33 residential properties) amounting to 246.4 billion yen. The occupancy rate of the entire portfolio has remained strong, standing at 97.7% 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 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 PRA.

December 17, 2018

President and CEO

Shigehito Katsuki
President and CEO

Premier REIT Advisors Co., Ltd.