Growth Strategy

Premier Investment Corporation (PIC) remains dedicated to securing “steady growth without damaging profitability," and focuses on achieving prudent growth in full consideration of the external environment. PIC is committed to realizing stable revenues over the medium to long term by steadily implementing its prudent growth strategies while working to improve the quality of its owned assets. It may also replace portfolio assets as deemed appropriate within its investment strategy.

(1) External Growth

PIC is focused on building a portfolio that is competitive over the long term in accordance with the investment standards that have guided it since its incorporation. From this perspective, PIC works to steadily expand its portfolio size by endeavoring to acquire properties that have competitive advantages in terms of location, environment and specifications.

PIC will wait for the equity market and the debt market to recover, and will expand its asset size again through acquisitions as good opportunities arise, working to obtain information at an early stage in considering the acquisition of blue-chip properties.

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(2) Internal Growth

PIC is focused on grasping tenant needs, providing enhanced building management services and attracting tenants that meet the unique characteristics of each property. This helps prevent termination of agreements by existing tenants, creates additional rental spaces and leads to the securing of new tenants, and enables stable management of owned properties and heightened occupancy.

Property management is also a key part of PIC’s portfolio strategy. PIC works to develop and implement maintenance and repair plans that have been optimized to maintain and improve the functions of individual buildings, while also working to decrease management costs without risk to the properties so that it can sustain and enhance the quality of its portfolio.

<Measures for Internal Growth>

Income Growth	-	Increase occupancy
	-	Ensure that facilities not meeting their potential contribute to increasing revenues
	-	Maintain or enhance property values through proactive renovations
Reduction of Expenses	-	Reduce building management expenses
	-	Reduce auxiliary expenses
	-	Reduce insurance premiums (regularly review insurance policies)
	-	Smooth out maintenance and repair costs over respective fiscal years

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