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Let me now introduce you to the properties we are developing.
In fiscal 2014, we acquired office buildings such as part of the Shiodome Building (Minato-ku) and the Nikko Shibuya Nanpeidai Building (Shibuya-ku) in April and commercial facilities such as the Northport Mall (Tsuzuki-ku, Yokohama City) and Kichijoji Place (Musashino City, Tokyo) in September.
In October, we acquired part of Shinjuku Island (Shinjuku-ku), which is an office building. We have begun to steadily operate these buildings with a high occupancy rate.
As for our development projects, the commercial facility, Market Square Sagamihara (Sagamihara City, Kanagawa), opened with a 100% occupancy rate in July. We also plan to open an office building, Shin-Aoyama Tokyu Building (Minato-ku), in January 2015 and a commercial facility, the Jingumae 6-chome Project (tentative name) (Shibuya-ku), around the end of the current fiscal year. Both buildings are making steady progress towards their openings.
In addition, this time we have listed Shibuya Nanpeidai Block Reconstruction Plan as a development project in fiscal 2019.
We plan to rebuild the head office building of the Company where we are currently located and three surrounding buildings, and the commencement of work and the opening are scheduled to be in fiscal 2015 and fiscal 2019, respectively.
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