IIF to Acquire and Lease Six Properties in Japan
Industrial & Infrastructure Fund Investment Corporation (Tokyo Stock Exchange Company Code: 3249) News Release – February 25, 2015 IIF to Acquire and Lease Six Properties in Japan Mitsubishi Corp. - UBS Realty Inc., an asset management company, to which Industrial & Infrastructure Fund Investment Corporation (“IIF”) entrusts its asset management, announced today that it has decided to acquire and lease the following domestic real estate and trust beneficiary interests in real estate as outlined below. 1. Summary of Anticipated Acquisitions (the “Anticipated Acquisitions”) Annual rent Property Anticipated Appraisal (excludes NOI yield NOI yield Anticipated (Note 2) (before (after number Property name Location Seller acquisition price value consumption acquisition (Note 1) (¥ million) (¥ million) tax) depreciation) depreciation) date (Note 3) (Note 3) (¥ million) IIF Sagamihara R&D Center Sagamihara-shi, March 20, F-7 NEC Corporation (Note 5) (Note 4) Kanagawa 3,100 3,460 – 7.7% 6.9% 2015 IIF Shinagawa IT Solution Shinagawa-ku, March 17, I-8 SPC(Note 5) (Note 5) Center Tokyo 7,200 7,520 – 4.4% 3.9% 2015 IIF Izumiotsu e-shop Logistics Izumiotsu-shi March 20, L-26 Center SPC(Note 5) (Note 5) Osaka 4,000 4,220 – 5.6% 5.6% 2015 (land with leasehold interest) Marubeni IIF Izumisano Food Processing Izumisano-shi, March 24, L-27 Logistics (Note 5) and Logistics Center Osaka 860 999 – 6.8% 5.2% 2015 Corporation Kyotanabe-shi, SBS Holdings, April 1, L-28 IIF Kyotanabe Logistics Center (Note 5) Kyoto Inc. (Note 6) 5,730 6,350 – 6.1% 5.0% 2015 IIF
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