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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3249","jir_company_name":"Industrial Fund Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3249-20260319-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Acquired Assets\nIndustrial Fund Investment Corporation has acquired two properties as its first CRE project with the major domestic logistics company Yamato Group: \u201cIIF Nagoya Logistics Center II\u201d in Nagoya City, Aichi Prefecture, and \u201cIIF Shizuoka Susono Logistics Center\u201d 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.\n\n### Reasons for Acquisition and Leasing and Future Outlook\nAs 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.","jir_financial_highlights":"Total Investment Amount After Renovation (Acquisition Price): JPY 1,930 million (JPY 1,500 million) \/ JPY 2,040 million (JPY 1,600 million) (Unknown)\nAppraised Value After Renovation (Appraisal Value): JPY 2,340 million (JPY 1,770 million) \/ JPY 2,600 million (JPY 1,880 million) (Unknown)\nUnrealized Gain After Renovation (Unrealized Gain Rate): +JPY 410 million (+21.2%) \/ +JPY 560 million (+27.5%) (Unknown)\nNOI Yield \/ NOI Yield After Depreciation: 5.6% \/ 4.4% (Nagoya) 6.6% \/ 5.4% (Susono) (Unknown)\nAcquisition Date: 2026-03-19 (Unknown)","jir_category":"","jir_hashtags":"#IndustrialFundInvestmentCorporation, #BusinessUpdate, #LogisticsFacilityAcquisition, #CREProject, #YamatoGroup","jir_key_figures":"Acquired Assets: IIF Nagoya Logistics Center II, IIF Shizuoka Susono Logistics Center\nUnrealized Gains After Renovation: Nagoya JPY 410 million (+21.2%), Susono JPY 560 million (+27.5%)\nAcquisition Date: 2026-03-19","jir_meta_title":"Industrial Fund Investment Corporation Acquires Two Yamato Group Logistics Facilities with Expected Unrealized Gains of Approximately JPY 970 Million","jir_meta_description":"Industrial Fund Investment Corporation acquired two logistics facilities in Nagoya and Susono as its first CRE project with the Yamato Group. The total unrealized gains after renovation are expected to be approximately JPY 970 million (about 24% increase), targeting high profitability.","jir_og_title":"Industrial Fund Investment Corporation Announces Acquisition of Two Yamato Group Logistics Facilities","jir_og_description":"Acquired two logistics facilities as the first CRE project with the Yamato Group. High profitability and unrealized gains anticipated after renovation.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":8014,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-35519","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n