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Page 8 shows the changes in unit price and market cap since the IPO.
First, let’s take a look at unit price indicated by the green line, and the TSE REIT index by the brown line. Unit price has been outperforming the TSE REIT index since from half year passed the IPO.
The market cap, indicated by the light green background color, is steadily increasing due to the rise in unit price and four times accretive equity offerings.
Please turn to the next page.
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