D Project Kuki S

Completed in August 2014, this BTS warehouse is located at Kuki City, Saitama prefecture (approximately 60 km north of Tokyo). The Property is situated within proximity of Tokyo Gaikan Expressway Shiraoka Shobu interchange, with easy access to Greater Tokyo Area, and Tohoku Area.

With a total floor area of 18,302 sqm, this three-storey warehouse is occupied by Chuo Bussan, a 3PL operator, which caters to the logistics needs of a nationwide supermarket chain. There are 76 parking bays on the Property.

Summary of Selected Information

Land Address 6201-3 Shobuchosanga, Kuki-shi, Saitama, Japan
Land Tenure Leasehold expiring on 31 July 2034
Completion Date 1 August 2014
Occupancy as of 31 December 2023 (%) 100.0
Parking Bays 76
Number of Storeys 3
NLA (sq m) 18,257.35
Land Area (sq m) 14,197.57
Valuation as at 31 December 2023 JPY 1,200 million
Purchase Consideration JPY 1,346 million
WALE by GRI as at 31 December 2023 (years) 0.6