Investor Presentaiton
4-1. Our Portfolio [2 of 2] (After acquisition of properties acquired in the 8th FP)
MFLP Mitsui Fudosan
Logistics Park Inc.
Property
Category
Property name
no.
Location
Acquisition price
(million yen)
Appraisal value
(million yen)
Adjusted
forecast
NOI yield *
NOI yield *
(%)
Appraisal
NOI yield *
Total floor area *1
(m²)
Building age*
(years)
Occupancy
rate
(%)
(%)
(%)
Existing
L-12
MFLP Tsukuba
building Tsukubamirai,
Annex
Ibaraki
building
*2
37,027
9.6
6.1
8,781
10,100
5.8
5.0
100
(5.8)
25,457
1.8
L-13
MFLP Inazawa
Inazawa,
Aichi
16,200
16,500
5.2
4.8
4.7
72,883
2.7
100
L-14
MFLP Atsugi II
Logistics
Isehara,
Kanagawa
13,100
13,500
4.8
4.5
4.4
48,976
1.8
100
facilities
L-15
MFLP Fukuoka I
Kasuya,
5,263
5,430
5.6
5.1
5.0
32,199
3.3
100
Fukuoka
Acquired in 8th FP
L-16
MFLP Prologis Park Kawagoe
Kawagoe,
14,800
14,800
4.7
4.4
Saitama
44
(50% quasi co-ownership interest)
117,337
4.4
1.3
100
(58,668)
Acquired in 8th FP
Hiroshima,
L-17
MFLP Hiroshima I
14,480
14,600
5.4
Hiroshima
54
5.1
50
5.0
68,427
0.4
100
Subtotal or Average
1,228,860
192,874
205,650
5.2
4.9
4.6
4.4
99.3
(913,516)
Industrial real
estate
Inzai,
I-1
MFIP Inzai
12,220
12,800
5.0
5.0
4.7
40,478
5.9
Chiba
Not
disclosed
Total or Average
| Reference: As of end of 7th fiscal period
205,094
218,450
5.2
4.9
4.6
1,269,338
(953,994)
4.5
99.3
Logistics facilities
1,043,095
Subtotal
144,494
156,950
5.2
4.9
4.5
4.9
99.1
(Property no. L-1 to L-15) *3
(686,318)
1,083,574
Total (Property no. L-1 to L-15, I-1) *3
156,714
169,750
5.2
4.9
4.6
5.0
99.1
(726,796)
*For further details, please refer to "Our Portfolio" on p. 43.
*1: "Total floor area" figures in parentheses are the figures after taking into consideration the ownership interest.
*2: The annex building at MFLP Tsukuba qualifies for partial reduction or exemption of fixed asset tax and city planning tax until 2021. The adjusted forecast NOI yield after the end of this tax reduction or exemption treatment is
expected to be 5.8%.
*3: MFLP-REIT's quasi co-ownership interests in L-8 "MFLP Sakai" as of the end of 7th FP is 20%.
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