Pipeline for Logistics Properties Development Using Sumitomo Corporation Group’s Accumulated Real Estate Expertise
The Investment Corporation aims to expand its portfolio by leveraging the real estate development expertise accumulated over 100 years by the Sumitomo Corporation Group, whose original and core business is the real estate business.
Logistics Real Estate Developed and to be Developed by the Sponsor Group (Total Floor Area)
Properties Developed by Sumitomo Corporation
Properties Developed by Sumitomo Corporation (excluding acquired assets)
As of December 10, 2019
|Date of completion||Property||Address||Total floor area (m2)|
|May 2006||SGL Akanehama Logistics Center I||Narashino, Chiba||34,649|
|March 2007||SGL Akanehama Logistics CenterⅡ||Narashino, Chiba||51,246|
|September 2016||SOSiLA Narashino Akanehama III||Narashino, Chiba||38,604|
|April 2017||SOSiLA Nishiyodogawa II||Osaka City, Osaka||47,494|
|September 2017||SOSiLA Yokohama Kohoku (Note)||Yokohama, Kanagawa||83,782（16,756）|
|February 2020 (plan)||SOSiLA Ebina||Ebina, Kanagawa||77,272 (plan)|
|March 2021 (plan)||SOSiLA Itabashi (tentative)||Itabashi, Tokyo||15,270 (plan)|
|May 2021 (plan)||(Tentative) SOSiLA Osaka (Note)||Osaka City, Osaka||98,103(58,948) (plan)|
|September 2021 (plan)||(Tentative) SOSiLA Amagasaki||Amagasaki, Hyogo||45,504 (plan)|
|December 2021 (plan)||SOSiLA Yashio (tentative)||Yashio, Saitama||32,023 (plan)|
|February 2023 (plan)||SOSiLA Chuo Rinkan (tentative)||Yamato, Kanagawa||109,290 (plan)|
- With regard to SOSiLA Yokohama Kohoku, preferential negotiation rights are given to a 20% quasi co-ownership interest, excluding an 80% co-ownership interest (acquired assets) in the entire property. The number in parentheses in the total floor area column is the total floor area for the 20% co-ownership interest.
As for SOSiLA Osaka (tentative name), preferential negotiation rights are given to a 60% co-ownership interest. The number in parentheses in the total floor area column is the total floor area for the 60% co-ownership interest.
Development and Leasing Support Utilizing Sumitomo Corporation Group’s Network
The Investment Corporation aims to grow sustainably, using the Sumitomo Corporation Group’s integrated management system for handling all stages from land purchases to the development and management of facilities and the group’s ability for steady leasing that the network of the group makes possible as a general trading company.
Development Supported by the Sponsor Group’s Integrated Management
As a comprehensive real estate developer, the Sumitomo Corporation Group has developed a wide range of asset types, including office buildings, residential properties, commercial facilities and logistics facilities. The group can acquire land for logistics facilities with different uses, taking advantage of the network of a variety of customers and business partners that it has as a general trading company.
Network That Enables Sumitomo Corporation to Approach Both Consignors and 3PL Operators
Sumitomo Corporation is able to approach both consignors and 3PL operators using the Sumitomo Corporation Group’s network of customers.
66 countries and territories
Strong relationships with leading 3PL operators Effective use of 3PL operators in the group
- As of March 31, 2019
Leasing Utilizing the Network of a General Trading Company
The Investment Corporation believes that it is important in the leasing of logistics facilities to approach both logistics business operators that may become tenants and consignors that commission logistics business operators to operate for them. The Investment Corporation can approach logistics business operators and consignors from all angles, using the network of a variety of customers and the business networks of the Sumitomo Corporation Group, a general trading company. This is one of the strengths of the Investment Corporation, and it uses this strength in leasing.