Japan Metropolitan Fund Investment Corporation announces the completion of the acquisition and the finalization of the details of JMF-Residence Sakuranomiya (Miyakojima-ku,Osaka-shi, Osaka) and JMF- Residence Miyakojima (Miyakojima-ku,Osaka-shi, Osaka) announced in the news release titled "Notice Concerning Acquisition and Disposition of Trust Beneficiary Right in Real Estate in Japan (Acquisition: JMF- Residence Sakuranomiya, JMF-Residence Miyakojima, JMF-Residence Ebie, Disposition: Round1 Sannomiya Station)" dated July 26, 2023.
1. Finalization of details upon completion of acquisition (Underlined parts indicate changes due to finalization)
[JMF-Residence Sakuranomiya]
As of April 30, 2024
As of July 26, 2023
Location
12-8, Nakanocho 5-chome,
1-1, Nakanocho 5-chome,
Miyakojima-ku,Osaka-shi, Osaka
Miyakojima-ku,Osaka-shi, Osaka
Structure / stories (Note)
11 stories above ground, RC-
11 stories above ground, RC-
structure with flat roof
structure (Planned)
Total floor area (Note)
3,127.79㎡
3,318.63 ㎡ (Planned)
Completion date (Note)
August 7, 2023
August 2023 (Scheduled)
9.6%
-
PML
(Based on the earthquake risk assessment
(details) report prepared by Engineering
and Risk Services Corporation)
Appraisal value
2,280 million yen (as of March 31, 2024)
2,270 million yen (as of July 1, 2023)
Tenant summary (as of March 31, 2024)
Number of tenants
118
-
Annual rent
100 million yen
-
Tenant leasehold /
0 million yen
-
security deposit
2,430.55㎡
-
Total leased area
Total leasable area
2,451.22㎡
2,451.22 ㎡
Occupancy rate
99.2%
-
(based on leased area)
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[JMF-Residence Miyakojima]
As of April 30, 2024
As of July 26, 2023
Location
22-10, Miyakojimahondori 4-chome,
240-2, Miyakojimahondori 4-chome,
Miyakojima-ku,Osaka-shi, Osaka
Miyakojima-ku,Osaka-shi, Osaka
Structure / stories (Note)
12 stories above ground, RC-
12 stories above ground, RC-
structure with flat roof
structure (Planned)
Total floor area (Note)
2,029.86㎡
2,190.61 ㎡ (Planned)
Completion date (Note)
January 10, 2024
January 2024 (Scheduled)
12.4%
-
PML
(Based on the earthquake risk assessment
(details) report prepared by Engineering
and Risk Services Corporation)
Appraisal value
1,630 million yen (as of March 31, 2024)
1,620 million yen (as of July 1, 2023)
Tenant summary (as of March 31, 2024)
Number of tenants
62
-
Annual rent
58 million yen
-
Tenant leasehold /
2 million yen
-
security deposit
Total leased area
1,424.72㎡
-
Total leasable area
1,782.09㎡
1,782.09 ㎡
Occupancy rate
80.0%
-
(based on leased area)
(Note) It is based on descriptions in registry books as of today, while confirmation certificate in the news release dated July 26, 2023.
This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.
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Japan Metropolitan Fund Investment Corporation published this content on
30 April 2024 and is solely responsible for the information contained therein. Distributed by
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30 April 2024 06:39:04 UTC.
Japan Metropolitan Fund Investment Corp, formerly Japan Retail Fund Investment Corp, is a real estate investment trust (REIT) company which primarily invests in commercial facilities. It aims to achieve sustainable growth and stable mid- to long-term earnings through investment in properties in Tokyo, Nagoya and Osaka. Japan Retail Fund Investment Corporation's properties include the Higashi-totsuka Aurora City, Nara Family, AEON MALL Yachiyo Midorigaoka, AEON MALL Musashi Murayama, AEON MALL Tsurumi Ryokuchi, GYRE, AEONMALL Itami, Ario Otori, AEON Sapporo Hassamu and Kwaramachi OPA. Its asset manager is Mitsubishi Corp - UBS Realty Inc.