AEON REIT Investment CorporationSecurities Code:3292


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Daiei-Kawasaki Process Center

  • Daiei-Kawasaki Process Center1
  • Daiei-Kawasaki Process Center2
  • Daiei-Kawasaki Process Center3
Property number L-1
Property name Daiei-Kawasaki Process Center
Location Kawasaki City, Kanagawa Pref.
Type Logistics facility

Property Features

Strategic distribution base supporting Aeon Group operations in Tokyo and Yokohama, the two most populous regions

●This facility is composed of a preexisting building and an expansion wing. The preexisting building, which we intend to lease to The Daiei, Inc., an Aeon Group company, is a five-story building (with four layer warehouse storage) used as a low-temperature controlled distribution center and has a total floor area of 42,743.29 square meters. The third and fourth floors are mainly used as a process center for merchandise processing (classification, packing, price tagging, processing and manufacturing). The first and second floors contain truck berths. This facility, which accommodates cross-dock loading on the first and second floors, is one of the most important strategic distribution bases for Aeon Group.
●The expansion wing, which we intend to lease to a non-Aeon Group third-party tenant, is a low-temperature refrigeration facility with capability for three temperature zones (dry, chilled and frozen).

The strength of the location

●This logistics facility serves as an important strategic distribution base in the Tokyo metropolitan area, located midway between the two populous regions of Tokyo and Yokohama. The facility is a 24-hour fully operating distribution center, and is located close to Haneda Airport, Tokyo Bay and Yokohama Bay.
●The location is within walking distance from JR Tsurumi Line Musashi-Shiraishi Station and accessible via bus from JR Kawasaki Station, making it convenient for employees and also advantageous in terms of securing employment.
●As of October 31, 2014, the facility as a whole delivered products to 174 Aeon Group stores and is one of the most important strategic distribution centers for Aeon Group in the Tokyo metropolitan area.



Key Property Data

Property name Daiei-Kawasaki Process Center
Address 6-32, Shiraishi-cho, Kawasaki-ku, Kawasaki-shi, Kanagawa
Type of specified asset Trust beneficiary interests
Acquisition date February 15,2016
Acquisition price ¥14,280 million
Land Lot area (Note 1) 45,828.97㎡
Building Completion date April 22, 1997
Structure / Floors Steel reinforced concrete, flat roof / 6 stories above ground
Total floor area (Note 2) 42,743.29 m²
Property management company Jones Lang LaSalle K.K.
Master lease company
(Note 1) Includes the leased land portion of 428.97 m² fixed as sectional superficies right.
(Note 2) The property’s building includes eight buildings as attached buildings in addition to the main building: one office (7,477.67 m² in total), one machinery room (139 m²), two warehouses (8,722.63 m² in total. One of the two, which was built on September 2, 2012 and has a total floor area of 8,505.32 m², is an extension building for logistics use), one pump room (47.15 m²), two laboratory buildings (128.2 m² in total), and one guard room (7.83 m²). However, the total floor area of the eight attached buildings is not included in the total floor area.
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