Japan Logistics Fund, Inc.
Notice Regarding Cancellation of Forward Commitment Aimed at Flexible Timing of Acquisition and Acquisition of Priority Negotiation Rights (Amagasaki Logistics Center)
Japan Logistics Fund, Inc. cancelled the forward commitment related to acquisition of the Amagasaki Logistics Center and acquired priority negotiation rights from Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. until February 26, 2029.
Key Figures
- Acquisition Deadline Extension: from 2026-04-02 to 2029-02-26
- Land Area: 6,611.66㎡
- Total Floor Area: 13,595.35㎡
AI要約
Overview of This Change
Japan Logistics Fund, Inc. cancelled the forward commitment regarding the acquisition of Amagasaki Logistics Center (acquisition deadline April 2, 2026) and, to enable flexibility in acquisition timing, replaced the bridge financier from Ricoh Leasing Company, Ltd. to Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. (TPFC) and obtained priority negotiation rights from TPFC until February 26, 2029. This aims to achieve fundraising at an appropriate timing. There is no penalty or other burden.
Overview of Asset and Related Company
The target asset is the Amagasaki Logistics Center located in Amagasaki City, Hyogo Prefecture, with a land area of 6,611.66㎡ and a four-story steel-framed warehouse. TPFC is a subsidiary of Sumitomo Mitsui Trust Bank, and this change was decided through deliberation by the Internal Management Committee and resolution of the Board of Directors in accordance with the asset management company's conflict of interest countermeasure rules. The scheduled delivery date is undecided, and there is no change to the expected operating status for the fiscal period ending July 2026.
