Investment Strategy
Focus on MFLP facilities (leading-edge logistics facilities with Mitsui Fudosan quality)
Among the logistics facilities that MFLP-REIT primarily invests in, it has a particular focus on MFLP facilities. This focus has been chosen in light of MFLP-REIT's goal of establishing a portfolio that emphasizes location, quality and balance.
Emphasis onlocationInvesting in locations suitable for logistics facilities by focusing on MFLP facilities
In making investments in logistics facilities, Mitsui Fudosan determines strategic areas by taking the following matters into consideration: accessibility from the three ring roads of the Tokyo Gaikan Expressway, National Route 16, and the Metropolitan Inter-City Expressway, as well as from seaports; the time/distance to population clusters; and the population of surrounding areas. In addition, by utilizing the broad knowledge and extensive know-how that it has developed in the real estate business as a comprehensive real estate company, Mitsui Fudosan conducts detailed examinations in light of various aspects, including the size of the land, the characteristics of the land such as the shape of the plot and regulatory requirements, the nature of the location (access to major roads and expressway interchanges, convenience of public transport, etc.), risk of soil contamination, expected tenants and rent level as a logistics facility, the potential of the area, and the potential for alternative use other than a logistics facility.
On such suitable and carefully acquired land, Mitsui Fudosan develops logistics facilities, from which MFLP-REIT acquires its properties, taking into consideration the following matters: access to transport nodes such as major roads in the Tokyo metropolitan and Kansai areas; broad-based location conditions; employment environment; future environmental changes; and the supply-demand balance.
Map of Mitsui Fudosan's strategic areas
| *: | "Mitsui Fudosan's strategic area" refers to the region/area within which Mitsui Fudosan has determined to invest intensively in logistics facilities. The strategic area shown in this chart is based on material provided by Mitsui Fudosan. |
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- Related links
- Portfolio Map
- Portfolio List
- Portfolio Data
Emphasis onbalanceEnsuring balance by acquiring a wide variety of leading-edge logistics facilities operated by Mitsui Fudosan
We will establish a balanced portfolio by acquiring a wide variety of leading-edge logistics facilities developed for various logistics needs, tenant types and land sizes.
- Characteristics of
a Rampway type MFLP - Characteristics of
a Slope type MFLP - Characteristics of
a Box type MFLP
Rampway type MFLP
This type of logistics facility allows freight trucks direct access to truck berths located on each floor above ground level via a rampway.
Characteristics of a Rampway type MFLP
Since a rampway requires a certain minimum site area, this type of facility is limited to large sites. On the other hand, since freight trucks can access each floor directly, these facilities, as well as accommodating tenants that require multiple floors, can also house tenants that only require a portion of a floor. Therefore, Rampway MFLP facilities are expected to serve as multi-tenante logistics facilities. Furthermore, due to the relatively large area of each floor, the ease of securing space for conveying or storing cargo horizontally, and the direct access of freight trucks to each floor, high efficiency can be expected in cargo unloading and shipping processes.
Slope type MFLP
This type of logistics facility allows freight trucks direct access to truck berths located on some of the floors above ground level via a slope.
Characteristics of a Slope type MFLP
Since a slope requires a certain amount of site area, this type of facility is considered suitable for medium-sized sites. Because freight trucks can access some of the upper floors directly, the facility can be divided into use for multiple tenants. Moreover, as the floor area required for each floor can be easily secured and freight trucks can directly access multiple floors, high efficiency can be expected in cargo unloading and shipping processes.
Box type MFLP
In this type of logistics facility, freight trucks access truck berths located on the first floor. Cargo is conveyed by vertical conveyors to the upper floors.
Characteristics of a Box type MFLP
Since it has no rampway or slope, this type of facility is considered suitable for small sites. Because freight trucks access truck berths on the first floor and cargo is conveyed to the upper floors by vertical conveyors, it is also suitable for tenants with wholesale lease needs. Truck berths are often located on both sides or in an L-shape on the first floor, allowing for high efficiency in cargo unloading and shipping processes.
| Note: | A dock leveler is a piece of equipment that eliminates the difference in levels between the platform and truck bed in order to provide ready access to the truck bed for forklifts and carts. |
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Securing growth and stability by acquiring MFLP facilities developed in consideration of land characteristics and tenant needs
Emphasis onqualityFocus on MFLP facilities, leading-edge logistics facilities with Mitsui Fudosan quality
MFLP-REIT considers the typical characteristics of MFLP facilities to be that they combine high process efficiency with convenience and safety as well as feature Mitsui Fudosan quality, which allows them to accommodate the diverse needs of various stakeholders (tenants, logistics facility employees, and the community).
Leading-edge logistics facilities
MFLP-REIT defines an advanced logistics facility as one of sufficient size to realize the high process efficiency required by the tenant/end user, one that is well located and has the necessary equipment, and one that offers convenience and safety. It focuses on leading-edge logistics facilities that meet the following standard specifications:
Mitsui Fudosan quality
MFLP-REIT focuses on "leading-edge logistics facilities with Mitsui Fudosan quality." This means facilities that, in addition to satisfying the above specifications, benefit from the application of Mitsui Fudosan's know-how as a comprehensive developer.
| *: | MFLP facilities and assets to be acquired are not equipped with all of the above features. |
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