Japan
· Delayed Price · Currency is JPY Mitsui Fudosan Logistics Park Company Description
Mitsui Fudosan Logistics Park Inc. (“MFLP-REIT”), a Japanese real estate investment corporation, was established on March 4, 2016 under the Act on Investment Trusts and Investment Corporations of Japan (Act No.
198 of 1951, including subsequent amendments; the “Investment Trust Act”), by Mitsui Fudosan Logistics REIT Management Co., Ltd. (the “Asset Management Company”) as the organizer with investments in capital of ¥300 million (600 investment units).
Registration with the Kanto Local Finance Bureau of the Ministry of Finance of Japan was completed on March 25, 2016.
The investment units were listed on the Real Estate Investment Trust Securities Market (J-REIT section) of Tokyo Stock Exchange, Inc. on August 2, 2016 (Securities Code: 3471).
MFLP-REIT started acquisition of properties on August 2, 2016. With Mitsui Fudosan Co., Ltd. (“Mitsui Fudosan”) as a sponsor, MFLP-REIT invests primarily in logistics facilities with a particular focus on MFLP facilities, that is, leading-edge logistics facilities with Mitsui Fudosan quality.
This focus has been chosen in light of MFLP-REIT’s goal of establishing a portfolio that emphasizes location, quality and balance.
As of October 31, 2024, MFLP-REIT held 30 properties with the total acquisition price of ¥399.7 billion.
On November 1, 2024, MFLP-REIT conducted an absorption-type merger whereby MFLP-REIT is the surviving corporation, and Advance Logistics Investment Corporation (“ADL”) is the dissolving corporation.
For more information, please refer to Note 16. “Significant Subsequent Events.”
| Country | Japan |
| Founded | 2016 |
| Industry | REIT - Diversified |
| Sector | Real Estate |
| CEO | Shinobu Sakanoshita |
Contact Details
Address: 8-7, Ginza 6-chome Tokyo, 104-0061 Japan | |
| Phone | 81 3 6327 5160 |
| Website | mflp-r.co.jp |
Stock Details
| Ticker Symbol | 3471 |
| Exchange | Tokyo Stock Exchange |
| Fiscal Year | November - October |
| Reporting Currency | JPY |
| ISIN Number | JP3048300002 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Shinobu Sakanoshita | Chief Executive Officer |