Investor Presentaiton
Schemes for acquisition of overseas properties
"Declaration-of-trust scheme" was utilized in the J-REIT's first overseas investment case
in Jun. 2014. “Overseas SPC scheme" was also utilized as second case for AEON REIT in
Sep.2016.
Declaration-of-trust scheme (acquired in June 2014)
Overseas SPC scheme (acquired in September 2016)
AEON REIT Investment Corporation
(beneficiary)
AEON REIT Investment Corporation
Japan
Holding the
property
Holding a
Japan
100% stake
Malaysia
Master lease agreement
AEON CO. (M) BHD.
(beneficiary and masterlessee)
Store
operation
18.18% of total (¥658 million)
Rights to hold in common
Trust beneficiary interests of
trust formed by declaration of trust
KON
ÆON REIT Investment Corporation
Malaysia
Master lease
agreement
JAMBATAN MANSEIBASHI
(M) Sdn Bhd
AEON CO.
(M) BHD.
(master lessee)
Store
operation
Holding the
property
M-1
AEON Taman Universiti
Shopping Centre
M-2
AEON MALL SEREMBAN 2
Real estate
(exclusive of taxes)
215 million
RM*
(¥5,252 million)
Capital stock,
etc.
239
million RM*
(\ 6,052 million)
Others.
*1 RM 24.43JPY (as of September 2016)
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