Mitsui Fudosan Logistics REIT Management is
the asset management company of a J-REIT company,
Mitsui Fudosan Logistics Park Inc.
Mitsui Fudosan Logistics REIT Management Co., Ltd. (the “Company”) was established on August 24, 2015 as a wholly owned subsidiary of Mitsui Fudosan Co., Ltd. to manage the assets of Mitsui Fudosan Logistics Park Inc. (“MFLP-REIT”), which invests primarily in logistics facilities.
On November 1, 2024, MFLP-REIT conducted an absorption-type merger with Advance Logistics Investment Corporation (“ADL”), a J-REIT specializing in logistics and sponsored by ITOCHU Corporation, a major general trading company, and as a result, it achieved a significantly expanded asset size to elevate market presence and better stability due to advances in portfolio diversification. Moreover, in conjunction with the merger by MFLP-REIT, in order for the Company to take over the asset management business related to logistics facilities, etc. of ITOCHU REIT Management Co., Ltd. (“IRM”), a group company of ITOCHU Corporation and to which ADL entrusts its asset management, an absorption-type company split was undertaken whereby the Company absorbed the relevant business split from IRM while IRM became a shareholder of the Company. As a result, we have created a dual sponsorship structure consisting of Mitsui Fudosan, a comprehensive developer, and ITOCHU Group, a general trading company, thereby further strengthening sponsor support and enabling asset management that maximizes the expertise of both sponsors.
Going forward, the Company will continue to put forth every effort in order to secure stable earnings for MFLP-REIT over the medium to long term, achieve sustainable growth and maximize unitholder value. In addition, as a representative of dedicated logistics J-REIT, we would like to contribute to the further development of the J-REIT market.
We are grateful for the continued support and guidance of all our unitholders.
Shinobu Sakanoshita
President and Chief Executive Officer
Mitsui Fudosan Logistics REIT Management Co., Ltd.
As an asset management company, we are aware of our social responsibility and strive to operate in a sound and efficient manner based on high self-discipline for fulfilling our fiduciary responsibility. This will earn us unwavering trust from not just our clients and investors, but also the broader society, which contributes to further development of the real estate investment trust market.
By actively, accurately, and timely disclosing corporate information, we ensure the transparency of our management. Along with that we make fair decisions, listen to the opinions of society, customers, and investors, and strive to improve our management content and services.
As a company engaged in asset management, we understand that our employees are our most important management resource and we respect the individuality of each employee and build a work environment where they can act freely and exchange their views openly. We also foster a transparent corporate culture and creative spirit of challenge, which strive to meet the expectations of a wide range of stakeholders by flexibly responding to changes in the market and society.
We aim to become an 'Excellent Leading Company' in the industry by continuing to operate our business with integrity and soundness and to realize stable medium- to long-term returns and maximizing our investors' shareholder value.
Name: | Mitsui Fudosan Logistics REIT Management Co., Ltd. |
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Date of incorporation: | August 24, 2015 |
Capital: | ¥200 million (As of March 31, 2016) |
Shareholder: | Mitsui Fudosan Co., Ltd. (77%) ITOCHU REIT Management Co., Ltd. (23%) |
Main line of business: | Investment management business |
Officers: | 5 Directors 2 Corporate Auditors |
Financial Instruments Business: | Registration No. 2890 issued by Director-General of the Kanto Finance Bureau (The Financial Instruments and Exchange Law) |
Building lots and buildings transaction business license: | License No. (2) 98374 issued by the Governor of Tokyo |
Discretionary transaction agent: | License No. 99 issued by the Minister of Land, Infrastructure and Transportation |
Memberships: | The Investment Trust Association, Japan The Association for Real Estate Securitization |
Please refer to the Asset Management Corporate Initiatives for Employees for more information on create of working environments conducive to work and work-life balance, health management, human resource development, and human rights initiatives.
After renewal
Mitsui Fudosan Logistics REIT Management Co., Ltd. has established the "ESG (Environment, Society, Governance)
Policy"
in November 2017.
Some of our employees participate in community cleanup days in Chuo Ward, Tokyo, picking up litter around the head office, and doing social contribution activities such as donating calendars. For details on Initiatives for ESG, please refer to Mitsui Fudosan Logistics Park Investment Corporation's ESG Report.