Financial Results Presentation for the 14th Fiscal Period<br> (November 2018) January 2019

Financial Results Presentation for the 14th Fiscal Period
(November 2018) January 2019

	The 14th Fiscal Period (November 2018) January 2019
	Index
	1. Financial Highlights
	2. Internal Growth, External Growth, Financial Strategies and ESG Internal Growth ～Management of Office Properties 2～ Internal Growth ～Management of Retail Properties 1～ Internal Growth ～Management of Retail Properties 2～ Internal Growth ～New retail tenants～ Internal Growth ～Dynamic Internal Growth Continuously Achieved～ External Growth ～Highlights of the 6th PO～ External Growth ～Purpose of the PO～ External Growth ～Continual Expansion of AUM for the Growth in Unitholder’s Value～ External Growth ～Properties Held by Sponsor Group and Diversified External Growth Methods～ Financial Strategies ～Status of Financing 1～ Financial Strategies ～Status of Financing 2～ ESG ～Preparation for Issuance of API’s Green Bonds～ ESG ～Continuous Effort for ESG～
	3. Financial Forecast
	4. Other
	5. Acquisition Highlights
	Disclaimer

This page refers to the latest refinancing and new borrowing status from the period ended November 2018 onwards.

We achieved both lengthening the average borrowing period and lowering the average interest rate in the refinancing. In the new borrowings, thanks to favorable financing condition, total average interest rate has been successfully lowered.

The bar graph at the bottom is the maturity ladder.
At the financing, we are focusing to diversify repayment periods and amounts in a well-balanced manner, with paying attention to average interest rate.

Lenders presently expanded to 18 and API will further enhance lender diversification with leveraging investment corporation bonds.

Please turn to the next page.

Financial Results Presentation for the 14th Fiscal Period (November 2018) January 2019

Financial Results Presentation for the 14th Fiscal Period
(November 2018) January 2019