Kyoto Family, located in the western part of Kyoto, Kyoto Prefecture, has four floors above ground and one basement floor. The first three floors of the main building comprise the shopping area, and with a parking tower adjacent to the main building, the property has a parking capacity of approximately 700 automobiles. Opened in November 1982 and with a renovation completed in June 2004, the property is near several major roads which bring in significant customer traffic. Local regulations restrict the new development of large-scale shops in the surrounding area, and it is therefore anticipated that competitive pressure from new supply in the market will be limited. The core tenant of Kyoto Family is Aeon, which operates stores in the name of JUSCO throughout Japan. The property includes approximately 70 specialty stores, including apparel stores, fashion stores, convenience stores and restaurants. In addition to shopping areas, a cultural center and a swimming pool are located on the third floor. Oct. 31, 05 JRF To Acquire Kyoto Family in Kyoto , Kyoto Prefecture

Location 1-1 Ikejiricho, Yamanouchi, Ukyuo-ku, Kyoto, Kyoto Land size 23,119.27m2 (Leasehold land accounts for 16,053.28m2 of the total land size) Total floor space Main building: 34,307.69m2 Parking tower: 9,984.75m2 Number of stories Four floors above ground and one basement floor Construction completion November 1982 Major tenants JUSCO, Nitori