To maximize unitholder value in the medium- to long-term, we will select properties that can expect stable and sustainable customer demand at locations where people gather for corporate activities and urban recreation. We aim to proactively manage our properties by continually making improvements to meet expectations.

Basic policies of Activia Properties inc.

• 1Focused investments in Urban Retail and Tokyo Office Properties
• 2Utilization of the comprehensive support and capabilities of Tokyu Fudosan Holdings Groupʼs value chain
• 3Strong governance structure aimed at maximizing unitholder value