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Tokyo Stock Exchange Begins Tentative Calculation And Publication Of “TSE Home Price Indices”

Date 26/04/2011

Tokyo Stock Exchange (TSE) has begun calculating and publishing “TSE Home Price Indices” from today as we announced on March 4, 2011.

TSE Home Price Indices are the first indices in Japan based on repeat sales method using information registered in the REAL ESTATE INFORMATION NETWORK FOR EAST JAPAN. This index series will be one of the most informative indicators regarding property price trends and is expected to stimulate the property investment market, including that for J-REITs. In addition, this will make it possible to compare price trends in Japanese and foreign used condominiums.