LIFE Shimodera
(Land with leasehold interest)

LIFE Shimodera (Land with leasehold interest)1

information

S-30

Location
5-23, Shimodera 2-chome, Naniwa-ku, Osaka-shi, Osaka
Acquisition Price (mn Yen)
1,683
Date Acquired
Mar. 25. 2010
Land Size
4,344.18m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
Life

Life, the lessee of the land, which JRF will acquire as its first case of land acquisition, and the subject shops are all located in Osaka.
Supermarkets that handle daily necessities have been relatively less affected by the slump in consumption, and each of these Life stores, given the favorable locations in nice residential districts, maintains a solid trade area. This property is situated in an area with a growing residential population owing to the nearby condominium developments between Matsuya Machi-suji and Sakai-suji. A residential development project is under way on the adjacent property, and we expect a further increase in the residential population which is primarily composed of families.

Income

Please refer to "Performance by Property (xls)"

Map

S-30

LIFE Shimodera
(Land with leasehold interest)

Location
5-23, Shimodera 2-chome, Naniwa-ku, Osaka-shi, Osaka
Acquisition Price (mn Yen)
1,683
Date Acquired
Mar. 25. 2010
Land Size
4,344.18m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
Life