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  2. About JLF
  3. JLF’s Strengths
  4. Front-runner’s Advantage

Front-runner’s Advantage

Japan’s First Dedicated Logistics REIT

Japan Logistics Fund, Inc. (JLF) is Japan’s first dedicated logistics REIT, founded with the aim of contributing to the Japanese economy by converging the flow of money (finance) with the flow of goods (logistics), which is the lifeblood of the economy. To that end, we leverage the history and experience of Mitsui & Co., Ltd., which as a general trading company has worked in logistics operations for more than 100 years. Since JLF’s initial public offering in May 2005, we have applied a discerning eye for logistics sites, building specifications, tenant needs and other factors to investment decisions that are tied to real demand. In the process, we have built a portfolio that can be expected to deliver stable earnings over the mid- to long-term. As Japan’s first dedicated logistics REIT entering a market of REITs invested mainly in office and residential assets, JLF became a pioneer and has since demonstrated to the market a track record of the logistics sector’s ability to deliver stable cash distributions to its investors.

Proven track record~Front-runner’s Advantage in logistics REITs sector

備考
2007 IIF IPO
2012 GLP J-REIT IPO
2013 Nippon Prologis REIT IPO
2016 LaSalle LOGIPORT REIT IPO
Mitsui Fudosan Logistics Park IPO

Track record over ten years
as Japan’s first dedicated logistics REIT

JLF’s Advantages as Front-runner

A high-quality portfolio

Logistics facilities represented essentially an untapped asset class. This fact allowed JLF to acquire properties on attractive terms ahead of the market.

Unrealized gain margin* on the portfolio: 39.2% (As of Jul. 31, 2017)

* Unrealized gain margin = {(Appraisal value - Book value) ÷ Book value} X 100

A discerning eye for investments and management expertise

JLF has built up a track record as an industry pioneer investing in and operating logistics facilities. JLF’s asset management firm, Mitsui & Co., Logistics Partners Ltd. (MLP), possesses an asset acquisition team with a discerning eye for quality properties and a leasing and building management team with the expertise needed to maintain stable operations.

 

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