2014.8.29 Questionnaire

The Questionnaire Survey on Industrial Market July,2014

【Outlook for Price】

The survey result as of July 2014 about outlook for logistics real estate price half a year later was that the ratio of ‘Rise’, ‘Flat’ and ‘Decline’ were 75.3%, 23.7% and 1.0%, respectively.

【Outlook for Rent】

Survey results about outlook for rent of logistics facilities half a year later was that, 50.5 % for ‘Rise’ , and 49.5 % for ‘Flat’, with the ratio of both were about the same level.