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External growth is shown here.
As we announced, we have decided strategic replacement of assets through selling "icot Kongo" as Other Property and acquiring "Frontier Ebisu" as Tokyo Office Properties in the 8th period.
As a result, the ratio of Tokyo Office Properties has increased, and the ratio of Tokyo Office and Urban Retail Properties, which are our primary investment targets, have reached 81% in total.
Please turn over the page.
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