AEON REIT Investment CorporationSecurities Code:3292


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AEON MALL Kushiro-Showa

  • AEON MALL Kushiro-Showa1
  • AEON MALL Kushiro-Showa4
Property number RSC-17
Property name AEON MALL Kushiro-Showa
Location Kushiro City, Hokkaido
Type Regional shopping center (RSC)

Property Features

Highly Rare Large-Scale Shopping Center in the East Area of Hokkaido

●With the AEON Kushiro-Showa Store as its anchor tenant, the property comprises approximately 80 specialty stores, including TAITO STATION (bowling and gaming arcade) and Right-on.
●In September 2014, the food court was renovated and four new food outlets were launched. Three of these four outlets, including Lemson’s, were attracted to AEON MALL Kushiro-Showa to open their first Hokkaido store, enhancing the property’s ability to attract customers.
●The property is expected to wield a strong competitive edge, given that supply from large shopping centers is limited despite solid purchasing demand, and that the region lacks department stores.
●As measures to reinforce competitiveness, the property (1) undertook renovations in April 2011; and (2) MI PLAZA, an Isetan Mitsukoshi Holdings store that bills itself as “a new type of retail store that continually recommends new, superior lifestyles,” was attracted in October 2014.

Trade-Area Characteristics

●The property is located in Kushiro City, which has the largest population in the east of Hokkaido.
●Facing onto roads with good access to main arterial roads on all four sides, the site’s location enables it to cover a wide trade area including all of the urbanized region.
●The property’s surroundings include a highly competitive commercial cluster area, with a high density of household appliance stores, large toy stores, and similar retail outlets.



Key Property Data

Property name AEON MALL Kushiro-Showa
Address 4-18-1, Syowa-chuo, Kushiro-shi, Hokkaido
Type of specified asset Trust beneficiary interests
Acquisition date February 18,2015
Acquisition price ¥1,780 million
Land Lot area 150,908.48㎡
Building Completion date September 13, 2000
Structure / Floors Steel-framed reinforced concrete, flat roof / 2 stories above ground
Total floor area 51,763.05 m²
Property management company GEO AKAMATSU CO., LTD.
Master lease company AEON Hokkaido Corporation
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