MID 9 22 7 1 22 12 31 MID http://www.midreit.jp/
2
MID 3
70% 70% 21 OBP OBP IMP Value Up NOI MID MID MID MID MID MID MID 5
23 1 31 92.75 MID MID MID 100 MID 23 1 31 MID MID22 3 22400 22 3 22 9 22 4 22 10 23 2 22 4 6
9 1 7,532 22 8 16 476 6.7 737 8.9 97.1 0.3 4.7 290 40.8 8
9 8 9 9 8 22 1 1 22 6 30 9 22 7 1 22 12 31 22 8 16 9 8 181 184 184 6,012 5,879 5,847 31 05 0.5 132 2.2 2 2,413 2,156 2,110 46 2.2 256 10.6 1,520 1,375 1,297 77 6.0 144 9.5 1,518 1,383 1,295 87 67 6.7 135 8.9 1 8,269 7,532 7,056 476 6.7 737 8.9 9
10 11 9 22 7 1 22 12 31 10 23 1 1 23 6 30 11 23 7 1 23 12 30 5,879 5,770 5,833 2,156 2,080 2,056 1,375 1,332 1,326 1,383 1,330 1,324 1 ( 7,532 7,243 7,214 546 454 524 604 604 604 148 163 178 536 516 521 248 234 211 97.1 97.4 98.3 9 10 79 93 25 IMP 35 20 49 IMP 34 10 11 39 71 IMP832 34 IMP24 34 2014 18 522 10
621 p.14 11
12
13
1. 2. 14
1 8 22 6 % 2 9 22 12 % 2 21 IMP MID MID REIT MID MID MID MID MID 3 3 1. 22 12 31 2. (2) 3. (2 ) 16
1 9 2006.12 2007.12 2008.12 2009.12 2010.6 1 3 5 7 8 2010.12 9 17
1 2 3 18
R&I A 100 1,000 21 11 6 21 11 15 23 11 14 20
7.6 59.9 32.5 22 6 30 75.0 ( 25.0 22 12 31 290 21
1 8 2 9 3 9 2 8 5 9 5 21 4 IMP MID MID REIT MID MID MID MID MID 2. 22 12 31 3. 4. 21 5. 5~6 7.4 23
LOOK 25
1 2011 m 2 :MID 26
2 2011 0.5 7.8 4.5 1.7 MID 1.9 27
A 232010 10 A 28
CO2 CO2 CO2 9 LED 21MIDIMPMID 40t 21MIDIMP 7,6004, CAPEX 9 10 400V21 60 21 97 21 53 1IMP 67 IMP 48 21 60 30
31
9 2,000 OBP 50 OBP 62.6% 100% 50.5% 1,464 2,000 2,000 1,611 68.9% 32 0% IPO IPO 0
MID REIT 21 OBP 34
1 2 3 215 IMP MID PML 4 MID REIT MID MID MID MID MID 10 2 12 : 35
21 18 8 IMP 18 8 68,700 24,600 28,163.07m 2 14,968.25 82,413.60m 2 37,134.99 61 3 2 2 15 11 38150m 26 21 OBP MID2 36
18 8 20 4 7,620 10,800 3,698.55m 2 1,802.49 12,684.52m 2 10,189.50 49 849 8 20 2 12,000 13 21 20 1 176 37
MID 18 8 19 10 18 8 8,290 26,100 1,893.62 29,397.03 10,461.32 101,210.44 55 10 15 9 21 12 19 12 100m 19 10 188.36 21 4 80 5 1 JR3 19 12 38
MID 19 4 3,270 1,187.43 4,279.70 2 10 MID 20 10 3,550 659.86 3,868.61 3 MID 19 5 MID REIT 18 8 2,000 934.79m 2 3,092.36 10 3 2,300 1,062.53 4,833.88 88 12 2 MID 18 8 18 8 1,160 430.21 1,989.27 7 1 2,780 2,339.35 2 35 9,586.26 11 6 39
19 11 MID 4 23 20 3 4 19 12 21 2 13 1,662.49 13,251.38 9,934.76 21 2 22 3 211 10 3 94.1 22 12 31 MID MID 40
1 NOI NOI p.14 42
8 22 1 1 22 6 30 9 22 7 1 22 12 31 181 184 NOI 4,055 3,798 NOI 5.0 4.7 NOI FFO 2,578 2,453 1 FFO 14,041 13,361 FFO ROA 1.7 1.5 ROE 3.3 3.0 1 500,427 499,691 LTV 40.8 40.8 DSCR 5.6 5.6 PBR 0.3 0.5 1 PER 10.3 16.2 1 FFO 6.1 9.1 1 FFO 43
44
1 ( 1 ( 2 35 9 29 101,210.44 37.0 21 25 3 31 40,956.60 15.0 24 3 31 12,684.52 4.6 3 9,586.26 3.5 IMP 26 4 30 5,632.24 2.1 3 MID 5,547.01 2.0 MID 21IMPMID IMP MID 26 3 31 4,965.52 52 18 1.8 NTT MID REIT 25 2 28 4,833.88 1.8 IMP 24 3 31 4,531.23 1.7 3 MID 4,077.50 1.5 194,025.20 70.9 23 3 314,643.59 23 3 314 45
2 CSI 2006 2007 2008 2009 2010 2006 2010 53.6 56.5 58.5 56.7 64.7 11.1 47.8 49.5 54.2 52.2 55.1 7.3 58.2 59.0 60.4 57.2 65.2 7.0 74.4 74.3 75.3 73.0 79.5 5.1 61.9 65.7 68.0 63.0 66.2 4.3 72.0 70.8 74.2 72.8 74.1 2.1 72.0 72.9 76.7 74.4 73.9 1.9 67.5 67.3 68.9 66.5 68.3 0.8 71.2 71.1 73.1 71.1 71.5 0.3 46
1 IPO 2011 2 4 1 2 3 4 5 6 7 8 9 214,4002 4 47
2 IPO 2011 2 4 MID REIT 48
3 2010 1 42010 12 30 2010 2010 4 30 2010 10 5 J-REIT 2010 3 31 400 2010 9 29 2010 12 28 9 2010 6 28 8 2010 8 16 8 242,00012 30 49
1 5 183,625 6 183,625 7 183,625 8 183,625 9 183,625 36.1% 10.8% 29.7% 23.5% 35.9% 11.7% 27.8% 24.6% 37.4% 10.6% 24.4% 27.6% 42.2% 11.4% 12.3% 34.1% 41.0% 11.6% 13.6% 33.8% 0.8% 1.5% 5 1.7% 9,507 96.0% 0.7% 1.5% 6 1.6% 9,809 96.2% 7 0.6% 1.2% 1.5% 10,415 96.6% 8 0.5% 0.9% 1.6% 11,996 96.9% 0.5% 1.0% 9 11,7541.6% 96.9% 1.7% 2.1% 5 0.5% 33.8% 4.1% 23.4% 2.1% 2.9% 29.4% 183,625 1.7% 3.0% 6 0.5% 37.0% 4.2% 21.1% 2.2% 3.1% 27.1% 183,625 17% 1.7% 7 0.5% 41.8% 4.5% 19.5% 2.0% 2.3% 3.3% 24.3% 183,625 1.1% 2.2% 8 0.6% 51.3% 5.8% 20.9% 2.6% 3.7% 11.8% 183,625 1.2% 9 5% 60% 2% 23% 0.6% 50.5% 6.0% 20.2% 2.3% 13.5% 2.6% 3.2% 183,625 2.0% 5 2.8% 9,507 42.7% 12.5% 24.9% 1.9% 6 2.7% 9,809 43.1% 12.6% 24.7% 7 1.9% 43.2% 12.8% 2.7% 10,415 24.6% 8 1.9% 2.6% 43.7% 13.1% 24.2% 11,996 3.0% 1.4% 5.2% 5.6% 2.9% 1.4% 5.2% 5.6% 2.8% 1.2% 5.2% 5.6% 2.7% 0.9% 5.2% 5.7% 1.8% 9 3% 2.6% 44.0% 13.3% 24.0% 2.7% 0.9% 5.2% 5.6% 11,754 71 50
2 10 22 12 23 2 4 1 12 25,365 13.81 9,241 10,446 5.69 23 1 11 12,669 6.90 5,200 9,200 5.01 0 8,607 469 4.69 1,107107 5,834 3.18 109 9,714 5.29 20 10 7 9,200 5.01 19 1 10 2. 2 4,400 2.40 4,400 4,122 2.24 1,215 2 3,370 1.84 3,370 2,935 160 1.60 735 2,117 1.15 0 78,619 42.81 19,263 51
52
100 2 (a) (b) a (c) a(b) (d) (a) (b)(a) (a)(c) 1. 2. 3. 53
43 530-0004 TEL 06-6456-0700 6456 0700 FAX 06-6456-0707 54