DPL Kawasaki Yako

Completed in June 2017, DPL Kawasaki Yako is located in Kawasaki Bay/Industrial area and positioned within proximity of Metropolitan Expressway Hama Kawasaki interchange and is also located approximately 15 km south of Tokyo’s CBD.

In addition, the Property is located approximately 7 km from Haneda Airport and the Port of Kawasaki respectively. Public transportation and all other urban amenities are available in the vicinity.

With a total floor area of 94,799 sq m, the Property is a five-storey, double ramp-up facility with maximum 40 warehouse units for multiple tenants. The ready built warehouse units enable third party logistics service providers to set up operations with speed and ease. The warehouse units have their own office spaces and dedicated loading and unloading bays to facilitate the operations of 3PL operators.

The Property is equipped with LED lighting equipment, 24-hour security service, convenience store and cafeteria. Some warehouse units of the Property are equipped with temperature control facilities to dry, freeze, or chill. There are a total of 367 parking bays on the Property.

The Property is currently occupied by Mitsubishi Shokuhin Co., Ltd., one of the biggest food distributor in Japan, Seino Transportation Co., Ltd, a leading 3PL company listed on the TSE, and acca international Co., Ltd., a Sponsor Group Company which provides fulfilment services for e-commerce and warehouse control system with robots.

Summary of Selected Information

Land Address 2-3, 3-chome, Yako, Kawasaki-ku, Kawasaki-shi, Kanagawa, Japan
Land Tenure Leasehold expiring on 29 March 2067
Completion Date 1 June 2017
Occupancy as of 31 December 2023 (%) 100.0
Parking Bays 367
Number of Storeys 5
NLA (sq m) 93,158.73
Land Area (sq m) 47,868.13
Valuation as at 31 December 2023 JPY 21,000 million
Purchase Consideration JPY 18,770 million
WALE by GRI as at 31 December 2023 (years) 10.4