Challenger Kenedix Japan Trust

Portfolio of properties as at 30 June 2009

Further details of the portfolio and individual asset summaries are available in the 2009 Portfolio Summary.

Property Location Net lettable area (sqm) Occupancy (by area) % Specified lease term to expiry** (by income) years
Carino Chitosedai

Kanto area, Tokyo

9,925

100

13.5

Carino Tokiwadai 

Kanto area, Tokyo

7,699

100

16.8

Izumiya Hakubaicho

Kansai area, Tokyo

16,525

100

16.8

Unicus Ina

Kanto area, Saitama

13,044

100

17.2

Valor Toda

Chubu Area, Nagoya

14,921

100

16.3

Life Higashinakano

Kanto area, Tokyo

5,104

100

10.2

Life Asakusa

Kanto area, Tokyo

3,753

100

9.0

Osada Nagasaki Kyushu area, Nagasaki

10,330

100

16.7

Yaoko Sakada Chiyoda

Kanto area, Saitama

5,492

100

12.2

Sunny Noma

Kyushu area, Fukuoka

2,887

100

27.7

Kansai Super Saigo

Kansai area, Osaka

2,642

100

9.2

Kojima Nishiarai Kanto area, Tokyo 3,755

100

2.1

DeoDeo Kure

Chugoku area, Hiroshima

13,021

100

7.8

Seiyu Miyagino

Tohuku area, Sendai 2,789

100

6.8

Valor Takinomizu

Chubu area, Nagoya

11,265

100

16.5

Valor Ichinomiya

Chubu area, Nagoya

9,447

100

18.2

Aeon Kushiro

Kushiro, Hokkaido

134,682

100

21.2

Renaissance Fujimidai

Kanto area, Tokyo

3,121

100

18.4

Life Nagata

Kansai area, Kobe 5,781

100

17.8

Life Kema

Kansai area, Osaka

4,813

100

18.2


**Assumes tenants do not terminate leases prior to specified lease term. Some leases can be terminated at the tenant's option, some with payment of break penalties, prior to the end of the specificed lease term.