NIPPON REIT conducts fund procurement in a diversified and well-balanced manner in order to construct a stable financial foundation over the medium to long term.
| Equity finance |
Conduct additional issuance of investment units in a timely manner after giving considerations to dilution of investment units (a decrease in the unitholding ratio as a result of additional issuance of new investment units) |
| Debt finance |
Select efficient fund procurement means in terms of borrowing periods and interest rate types (fixed rate or floating rate), etc., after comprehensively taking into account the trends in the capital market and interest rates, the capital structure of NIPPON REIT, impacts on existing unitholders and other factors as well as forecasting the economic and social changes into the future |
| LTV(Note 1) |
A targeted ceiling is set at 60% (Note 2) |
| Credit rating |
AA- (Stable) (Japan Credit Rating Agency, Ltd.) A+ (Stable) (Rating and Investment Information, Inc.) |
