DPL Sapporo Higashi Kariki

Completed in February 2018, DPL Sapporo Higashi Kariki is located in Sapporo, Hokkaido, and positioned within proximity of Sapporo expressway Kariki interchange and is also located approximately seven (7) km east of the Sapporo CBD.

With a total floor area of 65,653 sq m, the Property is a two-storey building, with (maximum) eight (8) warehouse units for multiple tenants. The ready built warehouse units enable 3PL service providers to set up operations with speed and ease. The warehouse units have their own office spaces and dedicated loading and unloading bays inside warehouse which allows for an efficient workflow. Tenants are able to operate even in snowy weather or the winter season.

The Property is equipped with LED lighting equipment, 24-hour security service and a common lounge space. There are 420 parking bays on the Property.

The Property is currently occupied by multiple tenants including Sagawa Global Logistics Co., Ltd. which is one of the largest 3PL company in Japan, as well as a TSE-listed manufacturer of decorative interior products.

Summary of Selected Information

Land Address 1-1, Higashikariki 13-jyo 3-chome, Higashi-ku, Sapporo-shi, Hokkaido, Japan
Land Tenure Freehold
Completion Date 1 February 2018
Occupancy as of 31 December 2023 (%) 100.0
Parking Bays 420
Number of Storeys 2
NLA (sq m) 60,347.00
Land Area (sq m) 61,609.75
Valuation as at 31 December 2023 JPY 12,800 million
Purchase Consideration JPY 10,520 million
WALE by GRI as at 31 December 2023 (years) 2.8