PORTFOLIO
OUR PROPERTIES
N U R S I N G H O M E S
Iyashi no Takatsuki
Kan
Sawayaka Obatake
Ichibankan
Sawayaka Obatake
Nibankan
Sawayaka
Shinmojikan
Land Tenure
Freehold
Freehold
Freehold
Freehold
Land Area (sq m)
2,023
1,786
1,042
2,813
Floor Area (sq m)
3,956
3,491
1,538
5,088
Number of Units
(Rooms)
87
78
26
112
Number of Storeys
6
5
3
6
Year of Completion
1997;
Conversion works were
completed in 2005
2007
2007
2007
Name of Lessee (s)
Riei Co., Ltd
K.K. Sawayaka Club K.K. Sawayaka Club K.K. Sawayaka Club
Committed Occupancy
100%
100%
100%
100%
Gross Revenue (2014)
¥101,222,294
¥57,072,494
¥27,812,138
¥75,579,997
Purchase Price
[1]
¥1,136 million
(S$17.52 million)
¥687 million
(S$10.48 million)
¥276 million
(S$4.2 million)
¥886 million
(S$13.52 million)
Year of Purchase
2009
2010
2010
2010
Appraised Value
[2]
(as at 31 December
2014)
¥1,550 million
(S$17.1 million)
¥740 million
(S$8.2 million)
¥350 million
(S$3.9 million)
¥934 million
(S$10.3 million)
Name of Appraiser(s)
DTZ Japan
Colliers International
Colliers International
Colliers International
[1]
Based on the exchange rate at point of acquisition
[2]
At an exchange rate of S$1.00 : ¥90.58
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PA R K WAY L I F E R E I T