Growth Strategy
Acquisitions in new asset classes
With improved portfolio stability by the expansion of its asset size and established a dual sponsorship structure, MFLP-REIT expects increasing opportunities to acquire new asset types developed both sponsors.
Data center
Domestic data traffic was boosted by the pandemic, and advances in 5G, IOT and other technologies are expected to drive further growth.
In the new Long-term Vision, “& Innovation 2030,” sponsor Mitsui Fudosan stated that it intends to strengthen its data center business. Mitsui Fudosan expects data centers to become essential infrastructure in future.
Properties held by MFLP-REIT
MFIP Inzai
MFIP Inzai II
Properties developed/operated
by Mitsui Fudosan
Hino DC Project
Sagamihara DC Project
Other Data
center
1 property
Cold storage facilities
The rising penetration of Food EC and chilled shipping is expected to drive demand for cold storage facilities.
Currently, much of Japan's stock of cold storage facilities is outdated and owned by SMEs. If such facilities were scrapped, Japan would likely face a nationwide shortage of cold storage facilities.
Properties developed/operated
by Mitsui Fudosan
MFLP Funabashi Minamikaijin
MFLP Sugito
Properties held by MFLP-REIT
IMP Atsugi
(Building B)
IMP Yoshikawaminami (50%)
R&D Facility, Manufacturing Plant
The demand for R&D facilities to support innovation through open engagement is projected to increase.
Mitsui Fudosan positions the creation of new industries as a key strategy and is stepping up the development of R&D facilities in major urban centers and near academic and medical institutions.
Asset recycling
MFLP-REIT encourages consideration of asset recycling as a strategy to enhance portfolio stability and improve profitability.
By realizing unrealized gains, MFLP-REIT can maintain returns for unitholders and strengthen retained earnings, which will contribute to the stability of the distributions per unit.
Enhancing the value/redevelopment of older properties
MFLP-REIT invites consideration of the redevelopment of its owned properties.
MFLP-REIT aims to improve profitability and asset quality by capitalizing on underutilized FARs.
Expansion of acquisition area
MFLP-REIT invites consideration of the expansion of its acquisition area with the aim of acquiring highly profitable properties in regional areas.