Measures Announced as of February 15, 2012

Transcription

1 reit.com/english/index.html Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku Tokyo , Japan Industrial & Infrastructure Fund Investment Corporation (Tokyo Stock Exchange Company Code: 3249) Asset Manager: Mitsubishi Corp.-UBS Realty, Inc., Measures Announced as of Tokyo Stock Exchange Company Code: 3249

2 Measures Announced as of The overview of measures announced by the press releases as of titled as Industrial & Infrastructure Fund Investment Corporation to Issue New Investment Units and Conduct Secondary Offering of Investment Units, IIF to Acquire Six Properties in Japan and Notice concerning Debt Financing and the forecast of operating results announced by the press release as of the same date titled as Notice Concerning Forecasts for Operating Results and Distributions for June 2012 (10th) and December 2012 (11th) Fiscal Period are as follows. As some of the following figures concerning future projections are calculated based on a specific method under certain assumptions, estimates and preconditions, the actual figures may differ substantially from such forecast. IIF thus does not assure the accuracy of these future projections. For details of preconditions and calculation methods, please refer to the above mentioned press releases. Asset From the press release IIF to Acquire Six Properties in Japan as of Debt From the press release Notice concerning Debt Financing as of As of December 31, 2011 (End of the 9th period) After As of December 31, 2011 (End of the 9th period) Number of Properties 16 Total () Acquisition Price 108, ,274 After ,514 LTV (2) 49.7% 48.7% Long-term Borrowings Ratio (2) 100.0% 100.0% Fixed Debt Ratio (2) 46.9% 58.9% Reference: Rating for Long-term Senior Debts AA- (3) (Note 2, 3) Please refer to the page 3 and notes concerning LTV, Long-term Borrowings Ratio, and Fixed Debt Ratio 1 Average NOI Yield (1) (before Depreciation) 5.3% 7.1% 5.8% Average NOI Yield (1) (after Depreciation) 4.2% 6.2% 4.7% (Total Appraisal Value) (Total Acquisition Price) (1) 48 (Note 1) Please refer to the page 3 4,486 4,534 Distributions per Unit (Note 3) (Note 4) ( 注 3) Please refer to the page 3 and notes concerning distributions forecast Equity From the press release Notice Concerning Forecasts for Operating Results and Distributions for June 2012 (10th) and December 2012 (11th) Fiscal Period as of (yen) 14,000 13,000 12,000 11,000 10,000 9, ,377 12,654 Dec. 31, 2011 (the 9th period) Jun. 30, 2012 (the 10th period) 13,760 Dec. 31, 2012 (the 11th period)

3 Reference: IIF Operating Results Operating revenue Operating income Ordinary income Net income Units outstanding (unit) Distributions per unit (yen) (in millions of yen) Jun. 30, 2012 Dec. 31, 2012 Dec. 31, 2010 Jun. 30, 2011 Dec. 31, 2011 (the 10th period) (the 11th period) (the 7th period) (the 8th period) (the 9th period) 2,962 3,295 3,526 4,402 4,903 ( ) ( ) ( ) ( ) ( ) 1,364 1,622 1,834 2,383 2,713 ( ) ( ) ( ) ( ) ( ) 799 1,038 1,159 1,699 1,936 ( ) ( ) ( ) ( ) ( ) 798 1,022 1,158 1,779 1,935 ( ) ( ) ( ) ( ) ( ) 79,035 93,632 93, , ,632 ( ) ( ) ( ) ( ) ( ) 10,102 10,919 12,377 12,654 13,760 ( ) ( ) ( ) ( ) ( ) (Note) The number in a parenthesis shows the ratio of each term, setting each actual item of the period ended in December 2010 (the 7th term) to 100 Distributions per Unit (yen) 14,000 13,760 13,000 12,000 12,377 12,654 11,000 10, ,000 9, ,102 Dec. 31, 2010 (the 7th period) Acquired Properties Jun. 30, 2011 (the 8th period) Acquired Properties Dec. 31, 2011 (the 9th period) Jun. 30, 2012 (the 10th period) Dec. 31, 2012 (the 11th period)

4 (Note 1) Please refer to the press release IIF to Acquire Six Properties in Japan as of for the calculation formula of Average NOI yield before depreciation, Average NOI yield after depreciation and (Total Appraisal Value) (Total Acquisition Price) (Note 2) Please refer to the press release Notice concerning Debt Financing as of February 21, 2011 for the calculation formula of LTV, Long-term borrowings ratio, Fixed debt ratio (Note 3) IIF obtained AA- rating for long-term senior debt rating (rating outlook: Stable ) from Japan Credit Rating Agency, Ltd. as of the date of the press release (Note 4) Please refer to the press release Notice Concerning Forecasts for Operating Results and Distributions for June 2012 (10th) and December 2012 (11th) Fiscal Period as of for the assumptions of distribution forecast Notes concerning LTV, Long-term borrowings ratio and Fixed debt ratio The total amount of public offering(*) and over-allotment(*) is assumed to be 16,647,524,944 yen and 832,339,056 yen respectively. The figures represent estimated amounts calculated based on the closing price for regular trading on the Tokyo Stock Exchange on February 3, 2012 (Fri.), and issue value per unit is assumed to be 371,912 yen. Further, all the units of new investment units issuance through third-party allotment are assumed to be offered and paid-in by Nomura Securities Co. Ltd. Therefore, when the actual issue value becomes lower than the above-mentioned amount or when all or a part of or the new investment units issuance through third-party allotment is not paid-in, LTV becomes higher than the above. Conversely, when the actual issue value becomes higher than the above-mentioned amount, LTV becomes lower than the above. In addition, when any additional borrowing is conducted as a result of the decrease of the proceeds from the public offering and the over-allotment, the additional Long-term borrowing ratio and Fixed debt ratio may fluctuate. (*) Please refer to Industrial & Infrastructure Fund Investment Corporation to Issue New Investment Units and Conduct Secondary Offering of Investment Units dated for the detail of public offering and over-allotment Notes concerning distributions forecast The estimated figures for the June 2012 fiscal period (10th) and December 2012 fiscal period (11th) represent current forecast based on the assumptions provided in attachment of the press release Notice Concerning Forecasts for Operating Results and Distributions for July 2012 (10th) and December 2012 (11th) Fiscal Period dated February 15, and actual dividends per unit may fluctuate significantly due to differences with the initial assumptions caused by factors such as future acquisitions and sales of real estate, variation in rent income as a result of tenant change, unexpected occurrence of repairs and other changes in the investment environment, and fluctuations in interest rates and actual number of issuance and issue price of new investment units. About IIF: Industrial and Infrastructure Fund Investment Corporation ( IIF ) is the first J-REIT focused on acquiring and operating both industrial and infrastructure in Japan- that play a vital role in the Japanese economy, and for which IIF expects to see stable demand in the mid to long term. With respect to industrial, IIF intends to invest in a diverse portfolio of, including manufacturing and research and development facilities. Please refer to our website at Contacts: For the further information relating to this press release as well as IIF and its Asset Manager, please feel free to contact Mr. Yoshito Nishikawa (Telephone Number: ), Head of Industrial Division at Mitsubishi Corp.-UBS Realty, Inc., Asset Manager for Industrial & Infrastructure Fund Investment Corporation. Investor Relations: Telephone Number: It is for informational purposes only, and the Japanese language release should be referred to as the original.

5 Disclaimer This document may contain forward looking statements regarding the company s financial results, or anticipated results of its plan, management goal or strategy. Please note that such forward looking statements are future projections of the trends and business environment that are based on currently available information and current assumptions and actual outcome may differ substantially due to various factors. If not stated otherwise, the figures contained in this material were calculated through J-GAAP. This document is intended solely for analysis of the Investment Corporations financial results and not intended for the purpose of soliciting investment in, or as a recommendation to purchase/sell any specific financial products. Any investment by investor should be based on investor s own judgment and responsibility after reading the Prospectus and its revised versions about issuance or offering of new units (if any) carefully. Asset manager: Mitsubishi Corp.-UBS Realty Inc. (Registered Financial Instrument Trader (kinsho), Kanto Local Finance Bureau Registration No. 403, Member of the Investment Trusts Association, Japan.) 4