Portfolio Guideline
ADR will build its portfolio based on the following guideline.
Investment regions
| Investment regions | Investment ratio*2 | |
|---|---|---|
| Tokyo 23 Wards*1 | Tokyo 23 Wards | 70〜100% |
| Other Regions*1 | Tokyo Metropolitan Area | 0〜30% |
| Major Regional cities | ||
- Other Regions are Tokyo Metropolitan excluding the Tokyo 23 Wards (prefectures of Tokyo, Kanagawa, Saitama and Chiba) and Major Regional Cities.
- Investment Ratio is calculated based on acquisition price.
Unit types
| Unit types | Investment ratio* |
|---|---|
| Single | 〜50% |
| Compact | 20〜40% |
| Family | 20〜40% |
| Large | 〜10% |
* Investment ratios are calculated based on leasable area.
* Investments in operated rental residence belonging to one of each unit type could be made up to 20% of the total leasable area of all unit types.
* Operated rental residence refers to properties that are operated by operators that differs from ordinary rental residence, such as serviced apartments (meaning furnished rental housing for short-term residents), dormitories for working people and students, senior housing, etc.
Definition of unit types
S = Single, C = Compact, F = Family, L = Large
| Number of rooms |
〜30㎡ |
〜40㎡ | 〜50㎡ |
〜60㎡ |
〜70㎡ |
〜80㎡ |
〜90㎡ |
over90㎡ |
|---|---|---|---|---|---|---|---|---|
| Studio | S | S | C | C | L | L | L | L |
| 1 bedroom | S | C | C | C | L | L | L | L |
| 2 bedroom | S | C | C | F | F | F | F | L |
| 3 bedroom | ─ | ─ | F | F | F | F | F | L |
|
4 bedroom |
─ | ─ | ─ | ─ | F | F | F | L |