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Occupancy Rate

Feb. 29, 2024

(%)
  Urban Retail Properties Tokyo Office Properties Activia Account Properties Total
Occupancy Rate (%)
Properties
(Note 1)The occupancy rate is calculated by dividing total leased area for each property by the total leasable area at the end of every month, rounded to the first decimal place.
(Note 2)The total leased area is equal to the sum of total leased area on the lease agreements in each property at the end of every month. For our properties with master lease agreements, the total leased area is the sum of the leased area based on the sublease agreements with the end-tenants. For the co-ownership (jun kyoyu-mochibun) properties, the total leased area is calculated based on the pro rata share respectively.
(Note 3)The total leasable area is equal to gross floor area of leasable space in each property other than for Land, based on the lease agreements for building or floor plans at the end of every month. Total leasable area for Land is based on the lease agreement for land or floor plans. For the co-ownership (jun kyoyu-mochibun) properties, the total leased area is calculated based on the pro rata share respectively.

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