D Project Kakegawa S

Completed in May 2019, this BTS warehouse is located in Shizuoka prefecture. The Property is situated within proximity of the Tomei Expressway Kakegawa interchange/ Shinkansen Express Train Kakegawa station, with easy access to Tokyo Area, Nagoya Area and Osaka Area.

With a total floor area of 21,173 sq m, this three-storey warehouse was built for a TSE-listed 3PL operator, which provides logistics service for a household goods manufacturer. There are 40 parking bays on the Property.

Summary of Selected Information

Land Address 1315-2, Minamisaigo, Kakegawa-shi, Shizuoka, Japan
Land Tenure Freehold
Completion Date 1 May 2019
Occupancy as of 30 June 2022 (%) 100.0
Parking Bays 40
Number of Storeys 3
NLA (sq m) 22,522.50
Land Area (sq m) 25,633.00(1)
Valuation as at 31 December 2021 JPY 4,190 million
Purchase Consideration JPY 3,980 million
WALE by Occupied NLA at 30 June 2022 (years) 11.8
Note:
  1. Land Area is the aggregate of land area of two parcels which to be acquired, although one parcel of the land will be co-owned by the Property Trustee and the Sponsor.