MFLP Mitsui Fudosan Logistics Park Inc. Development / Operation Track Record
3 -1. Market Overview
Market Overview 1
Supply-demand balance and
vacancy rate 2/3
Greater Osaka Area
thousand m
2,000
1,500
1,000
500
Forecast
15%
12%
9%
6%
MFLP Mitsui Fudosan
Logistics Park Inc.
: New supply in 2022 and
2023(January-June)
: Vacancy rate 0-5%
: Vacancy rate 5-10%
: New demand in 2022 and
2023(January-June)
: Vacancy rate 10%-
=100 thousand m
: Submarket areas
Population Density* (people/km) 0-5,000
Population Density* (people/km) 5,000-10,000
Population Density* (people/km) 10,001~
*As of June 30, 2023
Osaka inland area
Other area in
Keihan (between
Kyoto and Osaka)
3%
Shin-Meishin
Expressway
Ibaraki-Sendaiji IC
Kobe JCT
0
990
Takatsuki JCT
0%
MFLP Ibaraki
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024,
(year)
Ibaraki IC
Chugoku Expressway
Suita JCT
2nd KEIHAN Road
MFLP Osaka Katano
thousand m
750
Nishinomiya IC
18%
Hanshin Expressway
MFLP Osaka I
MFLP Amagasaki
MELP OGUD Osaka Torishima
Kinki Expressway
2nd Hanna Road
500
12%
Osaka Bay/
Kobe area
Sanbo JCT
Matsubara JCT
MFLP Sakai
Hanshin Expressway
Wangan Line
Nishi-Meihan
Expressway
250
6%
2.2%
0.5%
0
0%
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
2021
2022
2023
New supply
New demand
Vacancy rate
Source: CBRE K.K. (August 2023)
* Survey of rental logistics facilities held by real estate investment companies,
real estate development companies, etc. with total floor area of 5,000 m² or more.
Vacancy rate
(logistics facilities 1 year
old or older)
Osaka
Prefecture
Hanwa Expressway
Logistics facilities properties held
by MFLP-REIT
Properties developed
by Mitsui Fudosan
Meishin Expressway
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