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Other Disclosures8818Keihanshin Building Co.,Ltd.Real Estate

Notice Concerning the Acquisition of Fixed Assets (Beneficial Interests in Trusts)

The Company acquired the trust beneficiary interest in a logistics warehouse located in Urayasu, Chiba Prefecture. This forms part of its efforts to strengthen its logistics hubs in the Tokyo metropolitan area and enhance the composition of its asset portfolio.

Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
5314.8
Gross floor area (m²)
Wording
Definitive
How definitive the wording is.

Announced details

Logistics warehouse (fixed asset; trust beneficiary interest)
Applicable field (uses covered by this announcement)

Import logistics, logistics for the Tokyo metropolitan area, wide-area distribution hub

Location (as indicated in this announcement)

15-19 Chidori, Urayasu, Chiba Prefecture

Land: 4,329.30 m² (1,309.61 tsubo); building: 4-story reinforced-concrete structure with galvanized steel-sheet roofing; total floor area: 5,314.80 m² (1,607.72 tsubo)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredLogistics warehouse (fixed asset; trust beneficiary interest)
Applicable areaImport logistics, logistics for the Tokyo metropolitan area, wide-area distribution hub
Location15-19 Chidori, Urayasu, Chiba Prefecture
Location scaleLand: 4,329.30 m² (1,309.61 tsubo); building: 4-story reinforced-concrete structure with galvanized steel-sheet roofing; total floor area: 5,314.80 m² (1,607.72 tsubo)
Items this document does not state (14)
CounterpartyCounterparty overviewRelationship with the CompanyContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To achieve a well-balanced portfolio in terms of asset type and location based on the long-term management plan, and to strengthen assets in the Tokyo metropolitan area. The Company determined that the Urayasu area offers high convenience as a wide-area distribution hub, as it can serve both import logistics and logistics for the Tokyo metropolitan area. It also determined that demand for urban, medium-sized box-type logistics facilities remains firm and that the property can maintain stable competitiveness in the future.

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Notice Concerning the Acquisition of Fixed Assets (Beneficial Interests in Trusts) | Keihanshin Building Co.,Ltd. (8818) timely disclosure | Komori