DPL Koriyama

Completed in September 2019, DPL Koriyama is positioned in Koriyama Chuo Industrial Park (“KCIP”), which is a 3.5 km distance from Koriyama CBD. More than 150 companies, including Panasonic, HC Capital Community and manufacturing enterprises, are situated in KCIP.

With a total floor area of 34,299 sq m, the Property is single storey, with maximum six (6) 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 Property is equipped with LED lighting equipment, 24-hour security service and a common lounge space. There are 197 parking bays on the Property.

The Property is currently occupied by multiple tenants, including Nippon Express Co., Ltd. and Japan Logistic Systems Corp, a TSE-listed multinational electronics company.

Summary of Selected Information

Land Address 8-1, Aza-Sotogawara, Koriyama-shi Fukushima, Japan
Land Tenure Freehold
Completion Date 6 September 2019
Occupancy as of 31 March 2022 (%) 82.3
Parking Bays 197
Number of Storeys 1
NLA (sq m) 34,174.19
Land Area (sq m) 56,305.98
Valuation as at 31 December 2021 JPY 6,730 million
S$ 74.7 million
Purchase Consideration JPY 5,350 million
S$ 63.3 million
WALE by Occupied NLA as at 31 March 2022 (years) 1.6