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Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) has provided an update.
Mitsubishi Estate Logistics REIT Investment Corporation, through its asset manager Mitsubishi Jisho Investment Advisors, has decided to make an additional acquisition of a tokumei kumiai (silent partnership) equity interest in MRB1 GK for ¥192 million, lifting its total TK investment in the vehicle to ¥720 million, or about 16.7% of the total TK equity. The bridge SPC, established in March 2025, is designed to support external growth and capital efficiency, with capacity to acquire up to ¥80 billion in properties through March 31, 2026; this latest investment funds the GK’s ¥7.5 billion acquisition of trust beneficial interests in Logicross Funabashi, a fully leased, Mitsubishi Estate–developed, four‑story multi-tenant logistics facility serving wide-area distribution in the Tokyo metropolitan inland region. Management emphasizes that the property’s 100% occupancy, flexible large-span design and independent third-party valuation underpin expectations for stable medium- to long-term cash flows, reinforcing MEL’s strategy of using structured vehicles and its hybrid sponsor–manager model to expand its logistics portfolio while managing leverage and enhancing distributions for unitholders.
The most recent analyst rating on (JP:3481) stock is a Hold with a Yen139847.00 price target. To see the full list of analyst forecasts on Mitsubishi Estate Logistics REIT Investment Corp. stock, see the JP:3481 Stock Forecast page.
More about Mitsubishi Estate Logistics REIT Investment Corp.
Mitsubishi Estate Logistics REIT Investment Corporation is a Japanese real estate investment trust focused on logistics facilities, leveraging its sponsor Mitsubishi Estate Co., Ltd.’s development capabilities and Mitsubishi Jisho Investment Advisors’ asset management expertise. Through this hybrid developer–asset manager model, the REIT targets steady portfolio growth, stable income from modern multi-tenant logistics properties, and maximization of unitholder value in the domestic logistics real estate market.
Average Trading Volume: 3,690
Technical Sentiment Signal: Buy
Current Market Cap: Yen196B
Learn more about 3481 stock on TipRanks’ Stock Analysis page.