| Location | Ota, Gunma Prefecture, Japan |
|---|---|
| Type | Existing Facilities – Acquisition |
| Asset Type | Logistics & Distribution Facility |
| Access | Approximately 90 kms from Tokyo |
| Land Area | 73,000m² |
| Gross Floor Area | 80,500m² |
| Completion | Various |
| Structure | Steel |
| Closing | June 2017 |
UI secured the opportunity to acquire four existing logistics facilities directly from the seller in an off market transaction.
Key investment highlights:
- Acquired at discount to market value
- Fully leased portfolio of logistics facilities
- Well located within their submarkets
- Solid credit quality corporate tenants which have been in the facilities since completion