Unitholders’Capital / Major Unitholders

Unitholders’ Capital

(As of October 31, 2016)

The table below shows the unitholders’ capital, total number of authorized investment units and the total number of investment units issued and outstanding of Sekisui House Reit as of October 31, 2016.

Unitholders’ Capital 100,040 million yen
Total Number of Authorized Investment Units 10,000,000 units
Total Number of Investment Units Issued and Outstanding 894,000 units

Furthermore, the table below shows the changes in unitholders’ capital and the total number of investment units issued and outstanding of Sekisui House Reit since its establishment.

Date Event Unitholders’ Capital (million yen) Total Number of Investment Units
Issued and Outstanding (units)
Increase Balance Increase Balance
September 8, 2014 Private establishment
(Note 1)
200 200 2,000 2,000
December 2, 2014 Public offering (Note 2) 63,690 63,890 600,000 602,000
December 24, 2014 Third party allotment
(Note 3)
3,184 67,074 30,000 632,000
May 19, 2015 Public offering (Note 4) 19,673 86,748 154,200 786,200
June 12, 2015 Third party allotment
(Note 5)
995 87,743 7,800 794,000
May 24, 2016 Public offering (Note 6) 11,706 99,450 95,200 889,200
June 21, 2016 Third party allotment
(Note 7)
590 100,040 4,800 894,000
(Note 1)  New investment units were issued at an offer price of 100,000 yen per unit upon the establishment of Sekisui House Reit.
(Note 2)  New investment units were issued at an offer price of 110,000 yen per unit (issue amount of 106,150 yen per unit) through a public offering.
(Note 3)  New investment units were issued at an issue amount of 106,150 yen by way of third-party allotment.
(Note 4)  New investment units were issued at an offer price of 131,917 yen per unit (issue amount of 127,587 yen per unit) through a public offering.
(Note 5)  New investment units were issued at an issue amount of 127,587 yen by way of third-party allotment.
(Note 6)  New investment units were issued at an offer price of 127,140 yen per unit (issue amount of 122,967 yen per unit) through a public offering.
(Note 7)  New investment units were issued at an issue amount of 122,967 yen by way of third-party allotment.

Major Unitholders

(As of October 31, 2016)

The table below shows the major unitholders of Sekisui House Reit as of October 31, 2016.

Name Number of Owned Units (units) Percentage of Owned Units
to Total Units Issued
and Outstanding (%)
Japan Trustee Services Bank, Ltd. (Trust Account) 269,581 30.15
Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) 93,268 10.43
Sekisui House, Ltd. 65,200 7.29
The Master Trust Bank of Japan, Ltd. (Trust Account) 54,371 6.08
The Nomura Trust and Banking Co., Ltd. (Investment Trust Account) 32,984 3.69
STATE STREET BANK AND TRUST COMPANY 505012 11,668 1.31
STATE STREET BANK - WEST PENSION FUND CLIENTS - EXEMPT 505233 11,152 1.25
The Hokuriku Bank, Ltd. 9,818 1.10
The Hyakujushi Bank, Ltd. 9,300 1.04
The Dai-ichi Life Insurance Company, Ltd. 6,580 0.74
Total 563,922 63.08