DPL Shinfuji

Completed in September 2017, DPL Shinfuji is positioned within proximity of Shin-Tomei Expressway Shinfuji interchange, easy access to the Greater Tokyo Area, Tokai Area, Kansai Area Hokuriku Area as well. It is also located approximately 100 km west of Tokyo’s CBD.

With a total floor area of 27,416 sq m, the Property is a two-storey warehouse for multiple tenants. The 1st floor and a part of 2nd floor are currently occupied by CREATE SD Co., Ltd., one of the largest drug store chains in Japan, whilst the rest of 2nd floor is occupied by NOK Corporation, a major Japanese car component supplier. Vehicles can directly access 2nd floor from the connecting road. There are 227 parking bays on the Property.

Summary of Selected Information

Land Address 1652-11, Atsuhara, Fuji-shi, Shizuoka, Japan
Land Tenure Leasehold expiring on 31 March 2065
Completion Date 20 September 2017
Occupancy as of 31 March 2022 (%) 100.0
Parking Bays 227
Number of Storeys 2
NLA (sq m) 27,536.94
Land Area (sq m) 28,216.80
Valuation as at 31 December 2021 JPY 3,790 million
S$ 42.1 million
Purchase Consideration JPY 3,194 million
S$ 37.8 million
WALE by Occupied NLA as at 31 March 2022 (years) 8.9