D Project Fukuoka Tobara S

Completed in February 2019, this BTS warehouse is located at Fukuoka (the biggest city in Kyushu area). The Property is situated within proximity of the Fukuoka Metropolitan Expressway Kasuya interchange, with easy access to Fukuoka CBD and all Kyushu area.

With a total floor area of 10,058 sqm, this two-storey warehouse was designed and built for Sonoda Rikuun Co., Ltd., a 3PL operator catering to the food and beverage segment. To cater to the tenant’s usage demands, temperature control facilities to dry, freeze, and chill were installed. There are 64 parking bays on the Property.

Summary of Selected Information

Land Address 602-6, Oaza Tobara, Kasuyacho, Kasuya-gun, Fukuoka, Japan
Land Tenure Leasehold expiring on 30 March 2068
Completion Date 21 February 2019
Occupancy as of 31 March 2022 (%) 100.0
Parking Bays 64
Number of Storeys 2
NLA (sq m) 10,507.98
Land Area (sq m) 14,438.86
Valuation as at 31 December 2021 JPY 1,330 million
S$ 14.8 million
Purchase Consideration JPY 1,260 million
S$ 14.9 million
WALE by Occupied NLA as as at 31 March 2022 (years) 12.3