D Project Iruma S

Completed in December 2017, this BTS warehouse is located at Iruma City, Saitama prefecture (approximately 30 km northwest of Tokyo). The Property is situated within proximity of Ken-O Expressway Iruma interchange, with easy access to Tokyo’s CBD area, and also all Saitama area.

With a total floor area of 15,328 sq m, this three-storey warehouse was built for Tokyo Logi Factory Co., Ltd., a leading Japanese 3PL company which services numerous industries including food and beverages, medicines and industrial materials.

This warehouse has two sides of berth which is suitable for regional distribution activities. There are 46 parking bays on the Property.

Summary of Selected Information

Land Address 224-1, Sayamagahara, Iruma-shi, Saitama, Japan
Land Tenure Leasehold expiring on 31 December 2048
Completion Date 18 December 2017
Occupancy as of 30 June 2022 (%) 100.0
Parking Bays 46
Number of Storeys 3
NLA (sq m) 14,581.81
Land Area (sq m) 11,528.52
Valuation as at 31 December 2021 JPY 2,340 million
Purchase Consideration JPY 2,430 million
WALE by Occupied NLA at 30 June 2022 (years) 15.5