MFLP Mitsui Fudosan Logistics Park Inc. Development / Operation Track Record
4 Appendix
Appraisal summary for the end of 14th fiscal period 2/2
MFLP Mitsui Fudosan
Logistics Park Inc.
(Unit: million yen)
Main factors of change
*1
*1
CR
CR
End of
14th
End of 13th fiscal period*
(End of Jan. 2023) (a)
End of 14th fiscal period*
(End of Jul. 2023) (b)
Acquisition
date
Acquisition
price
fiscal
period
Appraisal
*1
Appraisal
CR
Book
value
value
Change
(b)-(a)
*1
Appraisal
CR
value
value
MFLP Ibaraki
October 2020
58,900
56,817
67,900
3.7%
68,900
3.6%
1,000
-0.1
MFLP Kawaguchi I
October 2020
18,500
18,079
20,200
3.7%
20,600
3.6%
400
-0.1
MFLP Yachiyo Katsutadai
February 2022
18,000
17,733
18,600
4.0%
19,100
3.9%
500
-0.1
MFLP Osaka |
February 2022
13,900
13,752
14,200
3.8%
14,700
3.7%
500
-0.1
MFLP Hiratsuka II
February 2022
12,700
12,560
13,400
3.9%
13,700
3.8%
300
-0.1
MFLP Osaka Katano
February 2023
16,500
16,415
16,500
4.8%
16,500
4.7%
0
-0.1
MFIP Inzai
August 2016
12,220
11,362
14,000
4.2%
14,300
4.1%
300
-0.1
MFIP Inzai II
March 2021
15,150
14,648
16,700
4.3%
17,000
4.2%
300
-0.1
Total/average
358,744
340,519
410,800
4.0%
417,680
3.9%
6,880
-0.1
| Reference (as of February 1, 2024)*
MFLP Tomei Ayase
(50%)
August 2023
9,610
9,610
9,610
3.7%
MFLP Tokorozawa
August 2023
4,090
4,090
4,090
4.6%
MFLP Hiratsuka III
February 2024
8,410
8,410
8,410
4.0%
MFLP Shinkiba I
February 2024
5,940
5,940
6,110
3.3%
SG Realty MFLP Fukuoka
Kasuya (50%)
February 2024
3,040
3,040
3,040
4.5%
Total/average after
acquisition of properties
acquired in the 16th FP
389,834
371,609
448,940
3.9%
O
О
O
O
Other
о
0
י
.
1
I
I
*
Difference Unrealized gain
77,330 million yen
For further details, please refer to [Appraisal Summary for the End of 14th Fiscal Period] in the Notes on Matters Stated in this Document on p.52-54.
*1 CR = Capitalization rate based on direct capitalization method (NCF basis). the average indicates a weighted average based on the appraisal value.
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