Concept

ADR is aiming to provide stable management and growth over the medium to long term by building a diversified portfolio centered on ITOCHU Corporation's "Artis" series, as well as student condominiums and other properties that provide stable occupancy. ADR will achieve this by fully utilizing the residential business infrastructure and diverse business foundation of the ITOCHU Group.

The ADR Vision

	ADR will develop the "Artis" series, the rental housing brand of the ITOCHU Group, into a national brand
	ADR will become a market leader centered on the "Artis" brand(Artis)

The ADR Strategy

"Artis" Series
	Acquire the "Artis" series brand of rental apartments planned, developed and managed through ITOCHU Group's collective strength
	Sustaining medium- to long-term competitiveness as rental apartments
External Growth
	Property acquisition through active leveraging of the ITOCHU support pipeline
	Portfolio configuration with the "Artis" series as the core
Organic Growth
	Promotion of collaboration with ITOCHU Urban Community
	Greater satisfaction through enhanced tenant services and support
Financial Strategy
	Execution of a financial strategy that sustains financial soundness
	Issuer rating: A+ (Negative) (Rating & Investment Information, Inc.)