Page 44 - ar2012

Note:
1 The 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.
2 The 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.
Key Statistics Fureai no sono Nerima Takanodai Sawayaka Higashikagurakan
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
4,813 sq m
5,335 sq m
110
2010
100.0%
K.K. Sawayaka Club
¥ 891 million (S$12.7 million)2
¥ 60,874,047
(1.0% of Total Gross Revenue)
¥ 906 million ($15.10 million)
2012
Freehold
2,282 sq m
2,526 sq m
64
1988;
Conversion works were completed in 2005
100.0%
Y.K. Shonan Fureai no Sono
¥ 1,400 million (S$19.9 million) 1
¥ 94,200,000
(1.6% of Total Gross Revenue)
¥ 1,301 million (S$17.53 million)
2008
Fureai no sono Nerima Takanodai is a freehold 3-storey paid nursing home with care service
consisting of 64 units.
Located along Seibu Ikebukuro line, Fureai no sono Nerima Takanodai is within a short walk from
Nerima Takanodai station and is near Juntendo Hospital.
Sawayaka Higashikagurakan is a freehold 4-storey paid nursing care home with care service
consisting of 110 units.
Well nestled in a serene location, the Property is approximately 920m from Higashikagura Bus
Terminal.
Fureai no sono Nerima Takanodai
3-15-37 Takanodai, Nerima-ku,
Tokyo Prefecture, Japan
Sawayaka Higashikagurakan
2-351-4 Kitaichijo Higashi, Higashikagura-cho
Kamikawa-gun, Hokkaido Prefecture, Japan
Tokyo Prefecture
ParkwayLife REIT Annual Report FY2012
42
Hokkaido Prefecture
OUR PROPERTIES