DPL Ibaraki Yuki

Completed in January 2023, DPL Ibaraki Yuki is located in Yuki First Industrial Park, Ibaraki, Greater Tokyo. Located within proximity to major expressways like Ken-O Expressway, Tohoku Express way and Kita Kanto Expressway, this positions it as an excellent logistics hub for distribution to Tokyo and the Tohoku region.

With a total floor area of 13,421 sq m, the Property is a two-storey building built for multiple tenants. The ready built warehouse units enable third party logistics service providers to set up operations with speed and ease. The warehouse units have their own office spaces. The Property provides 24-hour security service and is equipped with LED lighting equipment.

The property is currently solely leased to Mitsubishi Shokuhin Co., Ltd., one of the biggest food distributor in Japan.

Summary of Selected Information

Land Address 1-24,Shin-Yahata,Yuki,Ibaraki,​ Japan
Land Tenure Freehold
Completion Date 31 January 2023
Occupancy as of 31 December 2023 (%) 100.0
Parking Bays 47
Number of Storeys 2
NLA (sq m) 13,421
Land Area (sq m) 11,942
Valuation as at 31 August 2023 JPY 3,225 million
Purchase Consideration JPY 2,640 million
WALE by GRI as at 31 December 2023 (years) 3.1