Portfolio Overview

List of property as of December 2016

Title Leasable
Area
Acquisition
Price
Number of
Existing
Properties
No. of
Tenants
Occupancy
Ratio
Grand Total /
Average
1,207,274.67 m2 245,247 mn Yen 58 78 99.9 %
  • As of December 31, 2016, Figures are adjusted to reflect the following acquisitions.
    IIF Osaka Konohana Logistics Center (49% co-ownership interest) additionally acquired on February 20, 2017
    IIF Fukuoka Hakozaki Logistics Center I (60% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center II (60% co-ownership interest), IIF Itabashi Logistics Center (60% co-ownership interest), IIF Yokosuka Technology Center and IIF Shonan Technology Center acquired on February 20, 2017
    IIF Sendai Taiwa Logistics Center and IIF Ota Logistics Center acquired on February 21, 2017
    IIF Osaka Suminoe Logistics Center I (75% co-ownership interest) and IIF Osaka Suminoe Logistics Center II (75% co-ownership interest) acquired on March 21, 2017
Industrial Properties:L・I Infrastructure Properties:F
Category / No. / Location
Property Name
Date
Acquired
Year
Con-
structed
*2
Leasable
Area
(m2) *3
Acquisition
Price
(mn Yen)
Latest
Appraisal
Value
(mn Yen) *4
Tenants *5
No. of
Tenantsdownup
Occupancy
Ratio (%)*6
downup downup downup downup downup downup
(%) (%)

L-1

Koto-ku, Tokyo

IIF Shinonome Logistics Center *7

'07.10 '06.02 27,493.29 13,700 16,642 Sagawa Express Co., Ltd.
5.6 5.9 1 100.0

L-4

Noda-shi, Chiba

IIF Noda Logistics Center

'07.10 '06.03 38,828.10 6,500 8,400 Mitsubishi Electric Logistics Corporation
Japan Logistic Systems Corp.
2.7 3.0 2 100.0

L-5

Koto-ku, Tokyo

IIF Shinsuna Logistics Center

'07.10 '98.06 5,741.75 5,300 6,750 Sagawa Express Co., Ltd.
2.2 2.4 1 100.0

L-6

Atsugi-shi, Kanagawa

IIF Atsugi Logistics Center

'07.10 '05.01 10,959.68 2,100 2,170 Fuji Logitech, Inc.
0.9 0.8 1 100.0

L-7

Koshigaya-shi, Saitama

IIF Koshigaya Logistics Center

'07.10 '85.09 10,113.50 2,000 2,640 Tsukasa Co., Ltd.
0.8 0.9 1 100.0

L-8

Nishinomiya-shi, Hyogo

IIF Nishinomiya Logistics Center

'07.10 '97.05 17,200.00 2,159 2,970 Suzuyo & Co., Ltd.
0.9 1.1 2 100.0

I-1

Kobe-shi, Hyogo

IIF Kobe District Heating and Cooling Center

'07.10 '90.04 11,292.79 18,100 14,600 Osaka Gas Co., Ltd.
7.4 5.2 3 100.0

I-2

Ota-ku, Tokyo

IIF Haneda Airport Maintenance Center

'08.02 '93.06 81,995.81 41,110 41,600 Japan Airlines Co., Ltd.
16.8 14.8 1 100.0

L-9

Narashino-shi, Chiba

IIF Narashino Logistics Center (Land with leasehold interest)

'10.02 --- 19,834.71 1,190 2,460 Kajima Leasing Corporation,
JA Mitsui Leasing, Ltd. (joint lessees)
0.5 0.9 1 100.0

F-1

Yokohama-shi, Kanagawa

IIF Totsuka Technology Center (Land with leasehold interest)

'10.03 --- 31,442.47 4,500 5,340 Taisei Corporation
1.8 1.9 1 100.0

F-2

Yokohama-shi, Kanagawa

IIF Yokohama Tsuzuki Technology Center

'10.12 '96.02 4,655.48 1,100 1,350 TÜV Rheinland Japan Ltd.
0.4 0.5 1 100.0

L-14

Nagoya-shi, Aichi

IIF Nagoya Logistics Center

'11.03 '90.04 8,721.01 1,050 1,520 Japan Airways Co., Ltd.
0.4 0.5 1 100.0

L-12

Yokohama-shi, Kanagawa

IIF Yokohama Tsuzuki Logistics Center

'11.03 '98.09 9,464.03 2,350 3,140 Tokyo Logistics Factory Co., Ltd.
1.0 1.1 1 100.0

L-11

Atsugi-shi, Kanagawa

IIF Atsugi Logistics Center Ⅱ

'11.03 '92.10 20,661.13 3,100 3,850 Sun Toshi Tatemono Kabushiki Kaisha
1.3 1.4 1 100.0

L-13

Saitama-shi, Saitama

IIF Saitama Logistics Center

'11.03 '89.12 8,995.00 1,490 2,040 MM Corporation
0.6 0.7 1 100.0

L-10

Narashino-shi, Chiba

IIF Narashino Logistics Center Ⅱ *8

'11.04 '91.04 83,905.16 4,550 6,290 Mitsubishi UFJ Trust and Banking Corporation
Sapporo Breweries Ltd.
1.9 2.2 2 100.0

L-15

Atsugi-shi, Kanagawa

IIF Atsugi Logistics Center Ⅲ

'12.03 '81.10 16,584.64 2,290 3,000 Tokyo Logistics Factory Co., Ltd.
0.9 1.1 1 100.0

F-5

Ota-ku, Tokyo

IIF Kamata R&D Center

'12.03 '88.06 21,896.56 7,200 8,400 Tokyo Keiki Inc.
2.9 3.0 1 100.0

I-3

Zama-shi, Kanagawa

IIF Zama IT Solution Center

'12.03 '88.11 10,931.89 5,384 5,530 IBM Japan, Ltd.
2.2 2.0 1 100.0

I-4

Shinagawa-ku, Tokyo

IIF Shinagawa Data Center

'12.03 '89.08 19,547.11 4,900 6,850 XYMAX Corporation
2.0 2.4 1 100.0

F-3

Mitaka-shi, Tokyo

IIF Mitaka Card Center

'12.04 '94.04 21,615.01 8,700 10,200 JCB Co,. Ltd.
3.5 3.6 1 100.0

L-16

kawaguchi-shi, Saitama

IIF Kawaguchi Logistics Center

'12.12 '02.04 11,705.02 1,770 4,080 Hitachi Transport System Metropolitan Co., Ltd.
0.7 1.4 1 100.0

L-19

Kashiwa-shi, Chiba

IIF Kashiwa Logistics Center

'13.02 '90.11 17,373.53 1,810 2,670 Nippon Express Co., Ltd.
0.7 0.9 1 100.0

L-17

Kobe-shi, Hyogo

IIF Kobe Logistics Center

'13.02 '01.01 39,567.74 5,193 6,920 NISSIN CORPORATION
2.1 2.5 1 100.0

F-6

Kawasaki-shi, Kanagawa

IIF Kawasaki Science Center

'13.02 '14.05 4,857.73 2,168 2,950 Johnson & Johnson K.K. Medical Company
0.9 1.0 1 100.0

I-5

Toyonaka-shi, Osaka

IIF Osaka Toyonaka Data Center

'13.02 '91.09 20,027.14 5,600 6,040 Kanden Properties Co., Ltd.
2.3 2.1 1 100.0

I-6

Osaka-shi, Osaka

IIF Osaka Nanko IT Solution Center

'13.02 '92.03 18,435.93 1,150 2,380 Nomura Research Institute, Ltd.
0.5 0.8 1 100.0

L-18

Higashi Osaka-shi, Osaka

IIF Higashi-Osaka Logistics Center

'13.04 '91.11 20,495.06 2,280 3,120 Settsu Warehouse Co., Ltd.
Sega Logistics Service Co., Ltd.
0.9 1.1 2 97.3

L-20

Misato-shi, Saitama

IIF Misato Logistics Center

'14.02 '07.02 19,019.71 3,550 4,950 Takuyou Co., Ltd.
1.4 1.8 1 100.0

L-21

Iruma-shi, Saitama

IIF Iruma Logistics Center

'14.02 '10.12 17,881.65 3,184 4,030 Daiichi Freight System Inc.
1.3 1.4 1 100.0

L-22

Tosu-shi, Saga

IIF Tosu Logistics Center

'14.02 '07.02 13,862.05 1,570 1,890 Sagawa Express Co., Ltd.
Hinode Corporation
0.6 0.7 2 100.0

L-23

Inzai-shi, Chiba

IIF Inzai Logistics Center

'14.02 '07.02 5,490.00 1,060 1,310 Sun Logistics Co., Ltd.
0.4 0.5 1 100.0

L-24

Shiwa-gun, Iwate

IIF Morioka Logistics Center

'14.02 '05.08 8,001.57 600 1,200 Nippon Access, Inc.
0.2 0.4 1 100.0

I-7

Nagoya-shi, Aichi

IIF Nagoya Port Tank Terminal (Land with leasehold interest)

'14.02 --- 51,583.70 1,900 2,270 Chemical Logitec Co., Ltd.
0.8 0.8 1 100.0

L-25

Hiroshima-shi, Hiroshima

IIF Hiroshima Logistics Center

'14.03 '13.12 22,768.24 3,540 4,370 Muroo Co., Ltd.
1.4 1.6 1 100.0

I-8

Shinagawa-ku, Tokyo

IIF Shinagawa IT Solution Center

'15.03 '93.02 7,089.62 7,200 7,830 Hitachi Systems, Ltd.
2.9 2.8 5 100.0

L-26

Izumiotsu-shi, Osaka

IIF Izumiotsu e-shop Logistics Center (land with leasehold interest)

'15.03 --- 48,932.00 4,000 4,370 Kohnan Shoji Co.,Ltd.
1.6 1.6 1 100.0

F-7

Sagamihara-shi, Kanagawa

IIF Sagamihara R&D Center

'15.03 '89.07 14,304.37 3,100 3,650 Micron Memory Japan Inc.
1.3 1.3 5 98.3

L-27

Izumisano-shi, Osaka

IIF Izumisano Food Processing and Logistics Center

'15.03 '96.10 13,947.83 860 1,040 Nakano Shokai Co.,Ltd.
0.4 0.4 1 100.0

L-28

Kyotanabe-shi, Kyoto

IIF Kyotanabe Logistics Center

'15.04 '07.03 33,243.99 5,730 6,930 Takara Butsuryu Inc.
2.3 2.5 1 100.0

L-29

Koga-shi, Fukuoka

IIF Fukuoka Koga Vehicle Logistics Center (Land with leasehold interest)

'15.05 --- 30,815.97 860 965 ORIX Auto Corporation
0.4 0.3 1 100.0

I-9

Higashimatsuyama-shi, Saitama

IIF Higashimatsuyama Gas Tank Maintenance Center (Land with leasehold interest)

'15.11 --- 12,880.38 690 746 J Cylinder Service Co., Ltd.
0.3 0.3 1 100.0

L-30

Fukuoka-shi, Fukuoka

IIF Fukuoka Higashi Logistics Center

'16.01 '97.01 11,262.86 1,860 2,030 Toll Express Japan Co., Ltd.
0.8 0.7 1 100.0

F-8

Yokohama-shi, Kanagawa

IIF Yokohama Shinyamashita R&D Center

'16.03 '07.08 4,887.83 3,810 4,150 TRW Automotive Japan Co., Ltd.
1.6 1.5 1 100.0

F-10

Urayasu-shi, Chiba

IIF Urayasu Machinery Maintenance Center (Land with leasehold interest)

'16.03 --- 7,925.94 1,300 1,670 NISHIO RENT ALL Co., Ltd.
0.5 0.6 1 100.0

F-9

Kakegawa-shi, Shizuoka

IIF Kakegawa Manufacturing Center (Land with leasehold interest)

'16.04 --- 66,171.92 1,540 1,770 CxS Corporation
0.6 0.6 1 100.0

L-31

Osaka-shi, Osaka

IIF Osaka Konohana Logistics Center

'16.07 '91.01 46,262.20 8,700 8,850 Sagawa Express Co., Ltd.
3.5 3.1 1 100.0

L-32

Kazo-shi, Saitama

IIF Kazo Logistics Center

'16.09 '89.04 17,744.41 2,361 2,570 PIP CO., LTD.
1.0 0.9 1 100.0

L-33

Hamura-shi, Tokyo

IIF Hamura Logistics Center

'16.12 '91.07 3,892.66 820 864 Coca-Cola East Japan Co., Ltd.
0.3 0.3 1 100.0

L-34

Fukuoka-shi, Fukuoka

IIF Fukuoka Hakozaki Logistics Center I *9

'17.02 '08.02 14,999.86 3,115 3,170 Fukuoka Soko Co., Ltd.
1.3 1.1 3 100.0

L-35

Fukuoka-shi, Fukuoka

IIF Fukuoka Hakozaki Logistics Center Ⅱ *9

'17.02 '08.03 25,338.99 5,451 5,530 NTT LOGISCO Inc.
2.2 2.0 4 100.0

L-36

Itabashi-ku, Tokyo

IIF Itabashi Logistics Center *9

'17.02 '07.05 3,034.61 1,031 1,070 Higashi Twenty One Co., Ltd.
0.4 0.4 1 100.0

F-11

Yokosuka-shi, Kanagawa

IIF Yokosuka Technology Center

'17.02 '95.11 13,779.77 4,000 4,430 Nikon Corporation
1.6 1.6 1 100.0

F-12

Koza-gun, Kanagawa

IIF Shonan Technology Center

'17.02 '94.07 7,244.71 1,200 1,320 Nikon Corporation
0.5 0.5 1 100.0

L-37

Kurokawa-gun, Miyagi

IIF Sendai Taiwa Logistics Center

'17.02 '06.01 15,290.75 1,480 1,560 MIYAGO LOGISTICS
0.6 0.6 1 100.0

L-38

Ota-shi, Gunma

IIF Ota Logistics Center

'17.02 '06.02 6,900.01 1,010 1,140 Meitetsu Transportation Co.,Ltd.
0.4 0.4 1 100.0

L-39

Osaka-shi, Osaka

IIF Osaka Suminoe Logistics Center I *10

'17.03 '06.03 39,150.98 9,075 10,100 Toshiba Logistics Corporation
3.7 3.6 1 100.0

L-40

Osaka-shi, Osaka

IIF Osaka Suminoe Logistics Center Ⅱ *10

'17.03 '91.07 9,224.82 1,905 2,000 Toshiba Logistics Corporation
0.8 0.7 1 100.0
  • As of December 31, 2016, Figures are adjusted to reflect the following acquisitions.
    IIF Osaka Konohana Logistics Center (49% co-ownership interest) additionally acquired on February 20, 2017
    IIF Fukuoka Hakozaki Logistics Center I (60% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center II (60% co-ownership interest), IIF Itabashi Logistics Center (60% co-ownership interest), IIF Yokosuka Technology Center and IIF Shonan Technology Center acquired on February 20, 2017
    IIF Sendai Taiwa Logistics Center and IIF Ota Logistics Center acquired on February 21, 2017
    IIF Osaka Suminoe Logistics Center I (75% co-ownership interest) and IIF Osaka Suminoe Logistics Center II (75% co-ownership interest) acquired on March 21, 2017
  • As described in the property register.
  • "Leasable area" means the leasable area of the building or land of each property indicated in the lease agreement, except for IIF Shinsuna Logistics Center of which leasable area shows a total area of the building indicated in the registry book. Furthermore, "Leasable area" of IIF Narashino Logistics Center II is total of the leasable area of the leased land and that of the building on the leased land.
  • "Latest Appraisal value" shows the value researched by the real estate appraiser in accordance with the methods and standard of assets valuation as stipulated in the Articles of Incorporation of IIF as well as the regulations as stipulated by The Investment Trusts Association, Japan. Appraisal value date is as follows.
    The properties in portfolio owned as of December 31, 2016: As of December 31, 2016
    IIF Osaka Konohana Logistics Center (49% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center I (60% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center II (60% co-ownership interest), IIF Itabashi Logistics Center (60% co-ownership interest), IIF Yokosuka Technology Center, IIF Shonan Technology Center, IIF Sendai Taiwa Logistics Center, IIF Ota Logistics Center, IIF Osaka Suminoe Logistics Center I (75% co-ownership interest) and IIF Osaka Suminoe Logistics Center II (75% co-ownership interest) : As of December 1, 2016
  • "Number of tenants" is the sum of the number of lessees for each property as set forth in each lease agreement, as of March 21, 2017.
  • "Occupancy ratio" (percentage of leased area against the leasable area) is calculated by rounding to the nearest first decimal place.
  • IIF owns 53% of the trust beneficial interest in IIF Shinonome Logistics Center. The leasable area of the property shows 53% of the total leasable area as the share of co-ownership.
  • With regard to IIF Narashino Logistics Center II, the Investment Corporation invests in both the land with leasehold interest (the lessee of leased land is the trustee with respect to the building of the property) and building with leasehold interest of the property in form of the trust beneficial interests separately. Therefore, "Leasable area" of the property shows total of the leasable area of the leased land (58,070.00 m2) and that of the building on the leased land (25,835.16 m2).
  • IIF owns 60% of the trust beneficial interest in IIF Fukuoka Hakozaki Logistics Center I, IIF Fukuoka Hakozaki Logistics Center II and IIF Itabashi Logistics Center. Each leasable area of the property shows 60% of the total leasable area as the share of co-ownership.
  • IIF owns 75% of the trust beneficial interest in IIF Osaka Suminoe Logistics Center I and IIF Osaka Suminoe Logistics Center II. Each leasable area of the property shows 75% of the total leasable area as the share of co-ownership.