AEON Itabashi
SC

AEON Itabashi SC1

information

10008

Location
6-1, Tokumaru 2-chome, Itabashi-ku, Tokyo
Acquisition Price (mn Yen)
12,411
Date Acquired
Dec. 09, 2004
Nov. 25, 2011
Construction Completion
May. 17, 2000
Nov. 25, 2011
Number of Stories
8 floors above ground and 1 basement floor
Land Size
15,458.09m2
Total Floor Space
Total floor space 72,737.91m2
Proprietary space 64,096.14m2
Number of Tenants
1
Occupancy Ratio
100.0%

* This property extended cycle sales area on November 25, 2011 (additional area : 479.37m2), and the additional acquisition price was 11 million yen.
* The premise of this land is partly held two owners. The trustee owns east side of the premise which is 15,458.09 of the total 29,754.31m2.
* The land owned by the trustee accounts for 51.95% of the entire land.
* The premise of this building is partly held by two owners. The trustee owns 51.64% of the total propriety space. In case of transfer of the other space which JMF own, AEON Retail Co., Ltd. has the right of purchase option.

AEON Itabashi Shopping Center is located in Itabashi ward in the northern part of Tokyo, near several major roads and highways that bring in significant customer traffic. The property is also easily accessible from Tobu Nerima Station, which is only 15 minutes traveling time on the Tobu Tojo Line from Ikebukuro Station, a major transport hub in central Tokyo. Because there are no other strong shopping centers of comparable scale in the trade area, AEON Itabashi Shopping Center benefits from its dominant position and well-established reputation in the market.

Our anchor tenant at AEON Itabashi Shopping Center is operated by AEON, which master leases from us the entire property as a general merchandise store. The property features a wide array of clothing, book, sporting good and other specialty stores, as well as a variety of restaurants and coffee shops. In addition, there is a 12-screen cinema on the fifth floor, the largest in the retail trade area.

Map

10008

AEON Itabashi
SC

Location
6-1, Tokumaru 2-chome, Itabashi-ku, Tokyo
Acquisition Price (mn Yen)
12,411
Date Acquired
Dec. 09, 2004
Nov. 25, 2011
Construction Completion
May. 17, 2000
Nov. 25, 2011
Number of Stories
8 floors above ground and 1 basement floor
Land Size
15,458.09m2
Total Floor Space
Total floor space 72,737.91m2
Proprietary space 64,096.14m2
Number of Tenants
1
Occupancy Ratio
100.0%

* This property extended cycle sales area on November 25, 2011 (additional area : 479.37m2), and the additional acquisition price was 11 million yen.
* The premise of this land is partly held two owners. The trustee owns east side of the premise which is 15,458.09 of the total 29,754.31m2.
* The land owned by the trustee accounts for 51.95% of the entire land.
* The premise of this building is partly held by two owners. The trustee owns 51.64% of the total propriety space. In case of transfer of the other space which JMF own, AEON Retail Co., Ltd. has the right of purchase option.