Page 31 - ar2012

Note:
1On 1 April 2012, Benesse Style Care Co., Ltd merged as the surviving company with Bon Sejour Corporation.
2The property was valued by International Appraisals Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate
of S$1.00 to 70.18 units JPY.
3The property was valued by Colliers International using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00
to 70.18 units JPY.
Key Statistics Bon Sejour Shin-Yamashita Himawari Home Kamakura
Land Tenure
Land Area
Net Lettable Area
Number of Units (Rooms)
Year of Completion
Committed Occupancy
Name of Lessee (s)
Appraised Value
(as at 31 December 2012)
Gross Revenue (2012)
Purchase Price
Year of Purchase
Freehold
1,307 sq m
1,689 sq m
53
1992
Conversion works were completed in 2003
100.0%
Chojukaigo Center, Inc
¥ 977 million (S$13.9 million)3
¥ 65,880,000
(1.1% of Total Gross Revenue)
¥ 972 million (S$13.10 million)
2008
Freehold
1,653 sq m
3,273 sq m
74
2006
100.0%
Benesse Style Care Co., Ltd1
¥ 1,310 million (S$18.7 million)2
¥ 95,007,297
(1.6% of Total Gross Revenue)
¥ 1,440 million (S$18.97 million)
2008
Bon Sejour Shin-Yamashita is a freehold 5-storey paid nursing home with care service consisting
of 74 units.
Located in an attractive setting, next to a scenic canal, Bon Sejour Shin-Yamashita is about 1.2
kilometres to the southeast of Minatomirai Line Motomachi-Chukagai Station.
Himawari Home Kamakura is a freehold 3-storey paid nursing home with care service consisting
of 53 units.
Located along the JR Tokaido Line and JR Yokosuka Line in Kamukura-City, Himawari Home
Kamakura is within a short drive from Ofuna station and is near to Kamakura Hospital and Ofuna
Hospital.
Bon Sejour Shin-Yamashita
2-12-55 Shin Yamashita, Naka-ku, Yokohama City
Kanagawa Prefecture, Japan
Himawari Home Kamakura
1-13-1 Iwase, Kamakura City
Kanagawa Prefecture, Japan
Kanagawa Prefecture
Annual Report FY2012 ParkwayLife REIT
29