AEON REIT Investment Corporation

Securities Code:3292

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RSC-25

AEON MALL Oyama

  • AEON MALL Oyama1
  • AEON MALL Oyama2
  • AEON MALL Oyama3
Property number RSC-25
Property name AEON MALL Oyama
URL http://www.aeon.jp/sc/oyama/
Location Oyama City, Tochigi Pref.
Type Regional shopping center (RSC)

Property Features

The Regional Shopping Center Comprising the region’s leading General Merchandise Store and Approximately 80 Specialty Stores

●The property is characterized as Regional Shopping Center having approximately 80 specialty stores mainly led by a General Merchandise Store – “AEON Oyama”.
●After the establishment of the property in April, 1997, the division of specialty stores was expanded in October, 2008 and the property has stable and long-term management track records.

Trade-Area Characteristics

●The property is approximately 3 kilometers northeast of JR Oyama station where Tohoku Shinkansen, Tohoku Main Line, Ryomo Line and Mito Line are linked up and a good accessibility is provided facing in the prefectural road 33 and 339.
●Oyama City where the property is located is a southern city of Tochigi prefecture with a 2nd largest population in the prefecture; 160,000 people, following only after Utsunomiya City. In addition to large-size plants, there are Oyama Eastern Industrial Park on the east side and many factory-worker households in the area. With respect to trade-area wise population, the area covers 47,000 people within three kilometers and 132,000 people within 5 kilometers.

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Key Property Data

Property name AEON MALL Oyama
Address 1467-1, Azanishiyama, Oazanakakuki, Oyama City, Tochigi Prefecture
Type of specified asset Trust beneficiary interests
Acquisition date August 29,2016
Acquisition price ¥6,280 million
Land Lot area 50,119.61㎡
Building Completion date (1) April 18, 1997
(2) October 15, 2008
Structure / Floors Three-storied steel building with flat roof
Total floor area (1)29,496.83㎡
(2)18,375.50㎡
Property management company AEON DELIGHT CO., LTD.
Master lease company AEON Retail Co., Ltd.
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