IR Schedule

Gateway to Asia

Distance from Fukuoka to Major Cities

Size of the Kyushu Economy

The Kyushu economy is as large as the Netherlands(14th globally) and Australia (15th).

Kyushus GDP's Rank in the World

Source: Global Statistics 2005 - National Economic Figures issued by the Statistics Bureau of the Ministry of Internal Affairs and Communications and the 2004 Prefectural Citizens Economic Figures issued by the Cabinet Office's Economic and Social Research Institute

Fukuoka Prefecture has the largest share in Kyushu for population, gross prefectural product and retail sales.

Source: From the left, the Area Study of National Prefectures and Municipalities (official values as of October 1, 2004) issued by the Geographical Survey Institute; Estimated Present Population on October 1, 2004 issued by the Statistics Bureau of the Ministry of Internal Affairs and Communications; 2002 Prefectural Citizens' Economic Figures issued by the Economic and Social Research Institute of the Cabinet Office; and the 2002 Commercial Statistics Study of the Ministry of Economy, Trade and Industry

Growth Potential

Growing Population of Fukuoka Metropolitan Area
Estimated Changes in Future Population

Fukuoka Metropolitan Area's population will continue to grow through 2030.

Emphasis on Fukuoka-area Properties

The Office Building Market of Fukuoka
"Rent terms" remain flat not connected to "Vacancy rate"

Large-scale Office Category, on wich Fukuoka REIT forcuses, enjoys comparatively good balance of supply and demand.
Variation in vacancy rate for office buildings Variation in average rent for office space (excluding a fee for common services)
(Note) Each of the above graphs was prepared by Fukuoka Realty based on data provided by CBRE and Ikoma Data Service System
(Reference) “Vacancy (%)”: (vacancy area within zones/total area of leased rooms within zones) x 100
“Offering rent”: unit price per tsubo of monthly rent (excluding common expenses)