Fiscal Period 42(6month Period Ended October 2023)
Earnings Presentation

from the beginning

Earnings Presentation

• Table of Contents

• Financial Summary

• Status of External Growth

• Property acquired in FP 43(Urbannet Shijo Karasuma Building)

• Property acquired in FP 43(Urbannet Fushimi Building)

• Property for which the right of first negotiation was acquired(Garden Itabashi Hikawacho)

• Overview of the 8th Public Offering

• Change in DPU and Future Outlook

• External Growth Strategy

• Achievements and Effects of Property Replacement Conducted since 2020

• Changes in Asset Size

• Status of the Portfolio

• Office: Tenant Turnover and Occupancy Rates

• Office: Status of Leasing

• Office: Rent Revision Trends(at Tenant Turnover)

• Office: Rent Revision Trends(at Contract Renewal)

• Office: Rent Analysis(Greater Tokyo)

• Office: Contract Renewal Schedule(Greater Tokyo)

• Office: Status of Tenants

• Residential: Tenant Turnover and Occupancy Rates

• Residential: Rent Revision Trends(at Tenant Turnover)

• Residential: Rent Revision Trends(at Contract Renewal)

• Residential: Rent Analysis

• Status of Construction Work

• Financial Information

• Repayment Schedule

• Interest-Bearing Liabilities and Credit Ratings

• Changes in Unrealized Gains or Losses

• Analysis of Period-end Appraisal Values

• Analysis of Changes in DPU: FP 42(ended October 2023)

• Analysis of Changes in DPU: FP 43(ending April 2024)and FP 44(ending October 2024)

• Occupancy Rate Assumptions for FP 43 and FP 44

• Performance Trends

• ESG Initiatives(Environment)

• ESG Initiatives(Environment/Social)

• ESG Initiatives(Governance)

• ESG Initiatives(Materiality)

• <Reference>Organizational Structure of the NTT Group for Urban Solutions

• <Reference>Increase Opportunities for External Growth by Strengthening Ties with NTT UD

• <Reference>Strengthening of REIT Operation Structure at NTT UD

• <Reference>NTT UD’s Business Trends

• <Reference>NTT UD’s Extensive Portfolio of Properties(5 Central Wards of Tokyo)

• <Reference>NTT UD’s Extensive Portfolio of Properties(Nationwide)

Fiscal Period 42 Data Sheet

• Fiscal Period 42 Balance Sheet

• Fiscal Period 42 Income Statement

• Performance Forecast Assumptions

• External Growth Results(1)

• External Growth Results(2)

• External Growth Results(3)

• Office: Portfolio Analysis

• Residential: Portfolio Analysis

• P/L by Property(1)

• P/L by Property(2)

• P/L by Property(3)

• P/L by Property(4)

• P/L by Property(5)

• P/L by Property(6)

• P/L by Property(7)

• Period-End Appraisal Value(1)

• Period-End Appraisal Value(2)

• Period-End Appraisal Value(3)

• Monthly Occupancy Rates(1)

• Monthly Occupancy Rates(2)

• Monthly Occupancy Rates(3)

• Office Market Trends(Tokyo)

• Office Demand Trends

• Residential Market Trends(Tokyo)

• Residential Macro Environment(Tokyo)

• Fiscal Period 42 List of Interest-Bearing Liabilities

• Financial Indicators

• Status of Unitholders

• Investment Unit Price and Distribution per Unit

• Features of NTT UD REIT Investment Corporation(1)

• Features of NTT UD REIT Investment Corporation(2)

• Terminology Used in This Presentation

Disclaimers

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