Investor Presentaiton
Overview of Follow-On Offering in September, 2017
/EON
イオンリート
The 4th Follow-On Offering since IPO with total acquisition price: JPY24.5bn of
4 properties with "average appraisal yield 6.3%". Acquisition of JPY160.8bn property
at 1 year and 10 months, accelerating external growth speed.
Summary of 4th Follow-On Offering Summary of properties acquired recently(scheduled)
Offering structure
Domestic Offering
Issue price
The number of newly-
issued investment
units (including third-
party allotment)
(scheduled)
Total number of
investment units
issued and
outstanding after
follow-on offering
(including third-party
allotment)
(scheduled)
Property
¥110,662 per unit
AEON MALL
SHIMOTSUMA
(billions of yen) (billions of yen)
Location
Shopping
center type
Anticipated
acquisition
price
Appraisal
value
Appraisal
NOI yield
Seller
Shimotsuma
City,
Ibaraki Pref.
Third
RSC
9.5
9.7
6.6%
Party
141,435 units (note)
AEON
Osaka City,
Third
KIREURIWARI
CSC
4.3
4.5
5.7%
Osaka Pref.
Party
SHOPPING CENTER
KEMIGAWAHAMA
BAYSIDE MALL FERIA
1,777,347 units
(tentative name:
Chiba City,
CSC
3.7
3.8
7.2%
Sponsor
AEON STYLE
KEMIGAWAHAMA)
Chiba Pref.
Total procured
amount (including
15,145 million yen
DAIEI-IBARAKI
PROCESS CENTER
Ibaraki City,
Logistics
6.8
7.0
6.0%
Osaka Pref.
Third
Party
third-party allotment)
(scheduled)
Note: As the allotee specified by the Investment
Corporation, 29,898 units were sold to
AEON CO., LTD.
total
24.5
25.2
Average
6.3%
8View entire presentation