Investor Presentaiton
2-2. Steady Implementation of Four Roadmaps [1 of 2]
Expansion of Asset Size
Improvement of portfolio quality and stability
Mitsui Fudosan
MFLP Logistics Park Inc.
End of (January 31, 2020)
7th fiscal period
Properties acquired in the 8th FP
No. of properties/Total floor area
16 properties/720,000 m²
Asset size
Adjusted forecast NOI yield
Average NOI yield *
156.7 billion yen
5.2%
4.9%
Average building age *
5.0 years
44.6%
Top 5 property ratio
Top 5 tenant ratio (logistics facilities only) *
41.2%
LTV Management Expansion of acquisition capacity
LTV*
Acquisition capacity *
(with LTV at 50%)
End of (July 31, 2019)
6th fiscal period
29.1%
67.0 billion yen
+
3 properties/220,000 m²
48.3 billion yen
5.1%
4.7%
2.8 years
Further diversification
After acquisition of properties
acquired in the 8th FP
18 properties / 950,000 m²
205.0 billion yen
5.2%
4.9%
4.5 years
41.2%
33.5%
End of (January 31, 2020)
7th fiscal period
27.3%
End of (July 31, 2020)
8th fiscal period
(Forecast)
30.6%
End of (January 31, 2021)
9th fiscal period
(Forecast)
28.9%
*For further details, please refer to "Four Roadmaps to Stable Growth and Trajectory of Growth" on p. 43.
85.0 billion yen
80.0 billion yen
71.0 billion yen
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