Investor Presentaiton
Internal growth (3/3) Future plans ~
Aim to maintain and enhance property value, and raise rents, through continuous
revitalization investments
Rent growth through revitalization investment ~ AEON Ueda SC
~
Property
Actual
Completion of
construction
18th FP
Overview of construction
Exterior wall painting
AEON Ueda
SC
Plan
22nd FP
Large-scale
refurbishment
Total
Investment amount
Rent growth vs investment
(annual)
271 mm yen
+6.5%
892 mm yen
+6.5%
1,163 mm yen
Plan for revitalization work
►Started revitalization work, based on agreement
at the time of acquisition. Completion expected
in the 22nd FP
Acquisition
Exterior wall
painting
Large-scale
refurbishment work
Plan for revitalization work
► Changed zoning of GMS sales floor area and
changed floor, etc., to improve circulation of
customers when shopping
►Newly introduced gathering space, and play
area with wooden toys, to create a mall
environment that is comfortable for everyone
Oct. 2020
2021
Oct.
2022
Aug. ~
Signed Basic Agreement regarding revitalization work with
subsequent rent increase
(To be conducted by Feb. 2025)
(Example) Change floor layout to enhance circulation of customers/Tenant leasing to
make specialty store zone more attractive / Renewal of food court, etc.
ÆON REIT Investment Corporation
Introduced play area
with wooden toys
Changed floor with good visual effects
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