D Project Iruma S

Completed in December 2017, this BTS warehouse is located in 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 CBD area and also all Saitama area.

This three-storey warehouse was built for Tokyo Logistics Factory Co., Ltd., a leading Japanese 3PL company which services numerous industries including F&B, medicines and industrial materials.

This warehouse has two loading bays which is suitable for regional distribution activities. Some warehouse units of the property are equipped with temperature controlled facilities to dry, freeze or chill.

Summary of Selected Information

Land Address 224-1, Sayamagahara, Iruma-shi, Saitama, Japan
Land Tenure Freehold
Completion Date 18 December 2017
Occupancy as of 31 December 2024 (%) 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 2024 JPY 4,920 million
Purchase Consideration JPY 4,406 million1
WALE by GRI as at 31 December 2024 (years) 13.0
Note:
  1. Comprised the aggregate purchase consideration for property and freehold land.