Mitsui Fudosan Logistics Park to Acquire Three Logistics and Industrial Properties for 35.7 Billion Yen
Mitsui Fudosan Logistics Park (TYO:3471) has agreed to acquire three properties for a combined planned acquisition price of 35.7 billion yen.Firstly, the REIT resolved to purchase L Kyokushisaka in Kumamoto for 2.2 billion yen effective Oct. 1, according to a Tokyo bourse filing on Thursday.The other two assets, MFLP Ichinomiya in Aichi and MFIP Ebina & forest, will be acquired for 19 billion yen and 14.5 billion yen, respectively, effective Feb. 1 2027.In a related move, the REIT will transfer 50% of its total co-ownership in MFLP Yokohama Daikoku in two tranches- 30% and 20% interests for 7.14 billion yen and 4.76 billion yen, respectively.The transfers to Mitsui Fudosan Private REIT are scheduled for Jan. 29, 2027 and July 30, 2027, respectively.
