Industrial & Infrastructure Fund Investment Corporation

3249.T
REIT - Industrial
2026/04/03 Updated
Market Cap: $2.3B (¥363.7B)
Stock Price: $903.42 (¥143,400)
Exchange Rate: 1 USD = ¥158.73

Notice Regarding Acquisition and Leasing of Domestic Real Estate

Industrial Fund Investment Corporation acquired two logistics facilities in Nagoya City, Aichi Prefecture, and Susono City, Shizuoka Prefecture, as its first CRE project with the Yamato Group. The unrealized gains after renovation are expected to be +JPY 410 million (+21.2%) and +JPY 560 million (+27.5%), respectively.

Importance:
Page Updated: March 19, 2026
IR Disclosure Date: March 19, 2026

Key Figures

  • Acquired Assets: IIF Nagoya Logistics Center II, IIF Shizuoka Susono Logistics Center
  • Unrealized Gains After Renovation: Nagoya JPY 410 million (+21.2%), Susono JPY 560 million (+27.5%)
  • Acquisition Date: 2026-03-19

AI要約

Overview of Acquired Assets

Industrial Fund Investment Corporation has acquired two properties as its first CRE project with the major domestic logistics company Yamato Group: “IIF Nagoya Logistics Center II” in Nagoya City, Aichi Prefecture, and “IIF Shizuoka Susono Logistics Center” in Susono City, Shizuoka Prefecture. Both properties are expected to generate high profitability and unrealized gains after renovation work, with unrealized gains of JPY 410 million (21.2%) for the Nagoya property and JPY 560 million (27.5%) for the Susono property. The acquisition date is March 19, 2026.

Reasons for Acquisition and Leasing and Future Outlook

As part of its growth strategy aimed at improving distributions per unit and enhancing inflation resilience, this investment corporation decided to acquire two logistics facilities leveraging a strong network with the Yamato Group amid the asset-light trend in the logistics industry. Both properties have excellent access to major arterial roads and are used as dedicated delivery bases for the Yamato Group. The renovation works aim to attract new tenants and improve profitability. No significant changes are expected in operating conditions going forward, and stable operations are anticipated.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.