Ïã½¶ÊÓÆµ Announces Listing of Ïã½¶ÊÓÆµ Advance Logistics Investment Corporation on Tokyo Stock Exchange Real Estate Investment Trust Securities Market in September 2018
August 1, 2018
Ïã½¶ÊÓÆµ (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter ¡°Ïã½¶ÊÓÆµ¡±) announces that Ïã½¶ÊÓÆµ Advance Logistics Investment Corporation (headquartered in Chiyoda-ku, Tokyo; Junichi Shoji, Executive Officer; hereinafter ¡°the Investment Company,¡±) which is operated by Ïã½¶ÊÓÆµ REIT Management Co., Ltd. (headquartered in Chiyoda-ku, Tokyo; Junichi Shoji, President & Representative Director; hereinafter ¡°the Asset Management Company¡±), a consolidated subsidiary of Ïã½¶ÊÓÆµ, today obtained approval from the Tokyo Stock Exchange, Inc. to list the Investment Company¡¯s investment units on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market. The expected date of listing is September 7, 2018.
The Investment Company is a listed real estate investment company mainly for investment in logistics real estate. The Ïã½¶ÊÓÆµ Group will help the Investment Company achieve consistent growth by leveraging the Group¡¯s experience that it has accumulated in land purchases, facility development and the leasing of logistics properties since the early 2000 as a developer, mainly in the construction and logistics divisions in addition to the experience as a logistics operator. As a sogo shosha engaged in wide variety of commercial flows, the Ïã½¶ÊÓÆµ Group will contribute to the growth strategies that the Investment Company will pursue by using its broad customer network covering 100,000 companies and the presence in consumer-related businesses which has a high affinity with the logistics business.
The Investment Company is the second listed real estate investment company sponsored by the Ïã½¶ÊÓÆµ Group after Advance Residence Investment Corporation which has the largest asset size in residential-focused J-REIT. By taking full advantage of the operational know-how that it has accumulated in the group, the Ïã½¶ÊÓÆµ Group will support the asset management of the Investment Management Company, thereby ensuring that the Investment Company implements management in a stable fashion.
In addition to maximizing the unitholder value of the Investment Company, the Ïã½¶ÊÓÆµ Group will seek to contribute to the further development of the J-REIT market, logistic infrastructure and the creation of an affluent society.
Overview of the Investment Company
Name | Ïã½¶ÊÓÆµ Advance Logistics Investment Corporation |
---|---|
Stock symbol | 3493 |
Securities code | R-IAL |
Location | 6-5, 3-chome, Kojimachi, Chiyoda-ku, Tokyo |
Establishment | May 1, 2018 |
Registrations | May 24, 2018 (Director General of the Kanto Local Finance Bureau Registration No.138) |
Representative | Junichi Shoji, Executive Officer |
Overview of the Investment Management Company
Name | Ïã½¶ÊÓÆµ REIT Management Co., Ltd. |
---|---|
Location | 6-5, 3-chome, Kojimachi, Chiyoda-ku, Tokyo |
Establishment | February 15, 2017 |
Capital | 200,000,000 yen |
Description of business | Investment management service |
Representative | Junichi Shoji,, President & Representative Director |
Number of employees | 15 |
Shareholders | Ïã½¶ÊÓÆµ (80%), Ïã½¶ÊÓÆµ Property Development, Ltd (20%) |
Licenses and registrations | Financial instruments business operator registration: Director-General of the Kanto Local Finance Bureau (Kinsho) No. 3027 Building lots and building transaction License: Governor of Tokyo (1) No. 100434 Building lots and building transaction agency permit: Minister of Land, Infrastructure, Transport and Tourism, Permit No. 121 |