Mapletree Industrial acquires industrial property in Tokyo

Singapore’s Mapletree Industrial has acquired a property in Tokyo, Japan.

Sun East Shinonome Building is Mapletree’s first industrial property in Japan.

The company, which invests in industrial real estate across Asia, said the acquisition has enabled it to diversify the fund’s country portfolio.

The Sun East Shinonome Building is a freehold light industrial building with a gross floor area of about 21,900 square metres.

It is being used by an IT service provider as a data centre and for research & development activities.

The property is located in the commercially vibrant district of Shinonome in the heart of Tokyo’s Koto Ward.

It is easily accessible via the Tokyo Metropolitan Expressway’s Wangan Line and the Toyosu train station on the Yurakucho line.

Source : Channel NewsAsia – 15 Jul 2009

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