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AEON LakeTown kaze
Property number | SRSC-2 |
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Property name | AEON LakeTown kaze |
URL | http://laketownkaze-aeonmall.com/ |
Location | Koshigaya City, Saitama Pref. |
Type | Super regional shopping center (SRSC) |
Property Features
Koshigaya LakeTown's Central Retail Property
●AEON LakeTown kaze held its grand opening in October 2008 as the central retail property of Koshigaya LakeTown, a Specific Land Readjustment Project that opened in 2008.
●AEON LakeTown was originally comprised of two shopping centers; AEON LakeTown mori, which is operated by AEON Retail Co., Ltd., and AEON LakeTown kaze, which is operated by AEON Mall Co., Ltd. In April 2011, LakeTown Outlet (which is not part of our portfolio) commenced business on the lot between AEON LakeTown mori and AEON LakeTown kaze, making AEON LakeTown among the largest retail properties in Japan.
Comprises a Retail Facility, including a Cinema Complex, and Fashion-centered Specialty Stores
●AEON LakeTown kaze is a triangular shaped mall comprising specialty stores concentrated on fashion and its anchor tenants, Victoria SPORTS MALL, VIVRE GENE, a cinema complex and other large-scale stores. Both shopping centers, AEON LakeTown "kaze" and "mori", are connected by a center bridge.
●AEON LakeTown kaze is located close to the train station and is the property that shoppers arriving by train first encounter. Although the number of passengers using the station is roughly 36,000 per day (2011), certainly not a large volume, this volume has continued to increase since the opening of the property. Therefore, along with the entrance connecting to AEON LakeTown mori, the station-side entrance is one of the important entrances.
Trade-Area Characteristics
●According to national census data, when looking at trade-area population by distance from the property, approximately 120,000 people live within a 3 km radius of the property, roughly 384,000 people live within a 5 km radius, and approximately 1,512,000 people live within a 10 km radius. Over 10 km can be covered by car in the north-south direction in 30 minutes. Hence, the trade area of the property captures a large population volume.
●Koshigaya City faces minimal future risk of a population decline and features a large number of young families. It is expected to remain a high-quality market in the future.
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Key Property Data
Property name | AEON LakeTown kaze | |
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Address | 4-2-2, Laketown, Koshigaya-shi, Saitama | |
Type of specified asset | Trust beneficiary interests (40% quasi co-ownership interest) | |
Acquisition date | November 25,2013 | |
Acquisition price | ¥6,730 million | |
Land | Lot area (Note 1) | 83,614.89㎡ |
Building | Completion date | September 9, 2008 |
Structure / Floors | Steel reinforced concrete, steel-framed, flat roof /4 stories above ground | |
Total floor area (Note 2) | 127,183.81 m² | |
Property management company | Nomura Real Estate Retail Properties Co.,ltd. | |
Master lease company | AEON Retail Co., Ltd. |
(Note 1) | Includes the leased land portion of 64,924.42 m². |
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(Note 2) | This property includes a bridge connecting this property's building with AEON LakeTown mori and a bridge connecting this property's building with a town block in front of the train station (not included in the assets that we acquired), but the areas of these bridges are not included in the total floor area. |
Awards, etc.
●International Council of Shopping Centers (ICSC) / 2011 Global Sustainability Design Award, Gold (Best of the best winners and honorees)
●Senken Shimbun Co., Ltd. / 12th Annual (FY2009) Developers Chosen by Tenants Grand Prize "Innovation Award"
●Acquisition of DBJ Green Building Certification「2022★★★★★」