Investor Presentaiton
Assets (to Be) Acquired in 10th Fiscal Period
Acquisition of community-based shopping centers close to a station
CSC-3 Acquired on September 19, 2017
AEON Kireuriwari Shopping Center
CSC-2 Planned to be acquired on November 30, 2017
AEON STYLE Kemigawahama
singing.
AON
Seller
Godo Gaisha
Double 02
Appraisal NOI
yield
5.7%
/EON
イオンリート
Seller
Aeon Retail
Co., Ltd.
Appraisal NOI
yield
7.2%
Acquisition
price
Appraisal
value
¥4,394 million
Date of
completion
November 21,
2005
¥4,520 million
Parking
capacity
Location
Osaka City,
Osaka Pref.
280 vehicles
1,500 bicycles
48,000 people
within 1km
Acquisition
price
Appraisal
value
¥3,748 million
¥3,830 million
Date of
completion
Parking
capacity
November 20,
1991
290 vehicles
Chiba City,
Location
Chiba Pref.
38,000 people
within 1km
Trade-area
Ground area
15,982.14m
population
(Approx.)
Gross floor
27,603.46m
155,000 people
within 2km
322,000 people
within 3km
Ground area
6,250.00m
Trade-area
population
(Approx.)
118,000 people
within 2km
Gross floor
29,947.62m
206,000 people
within 3km
area
area
SC with approx. 40 specialty stores with AEON Kireuriwari Ekimae being
the anchor store
• The property is at a good location: two-minute walk from Kireuriwari
station on the Osaka Subway Tanimachi Line, in Hirano-ku, which has the
largest population among wards in Osaka City. It has easy access to the
center of Osaka City (approx. 25 minutes to Higashi-Umeda station from
Kireuriwari station).
.
With parking capacity of 1,500 vehicles, the shopping center is convenient
for daily use by neighborhood people.
A net lease where the lessee shall pay repair expenses and capital
expenditure.
SC is one-minute walk from Kemigawahama station on the JR Keiyo Line.
The number of incoming and outgoing passengers at the station is more
than 30,000 people per day.
AEON STYLE Kemigawahama, the anchor tenant, is planned to be a store
based on the G.G concept that will fit in with the characteristics of the
area.
The property has been operated by Izumiya Co., Ltd. as a daily-use
community shopping center (CSC) that has attracted customers. The
operation of the property has been stable for a long period.
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