LIFE Kishibe (Land with leasehold interest)

LIFE Kishibe
(Land with leasehold interest)

LIFE Kishibe (Land with leasehold interest)1

information

20008

Location
2205-15, Hara-cho 4-chome, Suita-shi, Osaka
Acquisition Price (mn Yen)
1,910
Date Acquired
Mar. 25, 2010
Land Size
5,516.61m2

Life, the lessee of the land, which JMF will acquire as its first case of land acquisition, and the subject shops are all located in Osaka.
Supermarkets that handle daily necessities have been relatively less affected by the slump in consumption, and each of these Life stores, given the favorable locations in nice residential districts, maintains a solid trade area. This property is a new shop opened in September 2010 in a location with good visibility on prefectural road No. 14, which serves as a community road. A residential development project is under way on the adjacent property, and we expect a further increase in the residential population which is primarily composed of families.

Map

20008

LIFE Kishibe
(Land with leasehold interest)

Location
2205-15, Hara-cho 4-chome, Suita-shi, Osaka
Acquisition Price (mn Yen)
1,910
Date Acquired
Mar. 25, 2010
Land Size
5,516.61m2
LIFE Kishibe (Land with leasehold interest)