Investor Presentaiton
External growth (3/3) - Development status of AEON MALL Ota expansion building ~
Construction of the expansion building is progressing according to schedule,
towards the opening next spring
Development of expansion building of AEON MALL Ota
▶Including the owned existing buildings, expecting for stable income over the medium to long term and
asset value improvement.
Anticipated schedule
FP Jul. 2022
FP Jan. 2023
FP Jul. 2023
FP Jan. 2024
FP Jul. 2024
Signed contract
to develop
expansion
building
Start construction
of expansion
building
Jul. 2022
Jan. 2023
(AEON MALL Ota)
Refurbishment of existing building
Completion and
opening of
expansion building
Spring of
2024
Plan for expansion of the no. of
specialty stores (Note2)
approx. 150 stores →190 stores
Notes regarding the development
By concluding expansion development
agreement with AEON MALL Co., Ltd., AEON
REIT will have the preferential negotiation
rights (Note 1) regarding the transfer of title, rights
and obligations under the contract for the
construction of the extension building
In the event that expenses are incurred due to
the development of the extension building,
DPU will be leveled by reversal of dividend
reserve, etc.
Expansion building (image)
EON MALL
Site of expansion building (Note 3)
ÆON REIT Investment Corporation
ALON
B
As of Jun. 2023
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