Mitsui Fudosan Logistics Park Business in Further Expansion
Start of development of five new logistics parks and Funabashi area “town creation-type logistics park” phase III building
Fully automated logistics model exhibition MFLP ICT LABO 2.0 to start operation in February 2020 (planned)

November 5, 2019
Mitsui Fudosan Co., Ltd.

Tokyo, Japan, November 5, 2019－Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today that it will be developing five new logistics parks as part of its efforts to develop more highly advanced logistics facilities to meet logistics-related needs that continue to diversify.

Mitsui Fudosan Logistics Park Yachiyo Katsutadai (MFLP Yachiyo Katsutadai)	Yachiyo City, Chiba Prefecture	Planned completion in August 2020
Mitsui Fudosan Logistics Park Tosu (MFLP Tosu)	Tosu City, Saga Prefecture	Planned completion in March 2021
Mitsui Fudosan Logistics Park Tokorozawa (MFLP Tokorozawa)	Miyoshi Town, Iruma District, Saitama Prefecture	Planned completion in May 2021
Mitsui Fudosan Logistics Park Osaka Katano (MFLP Osaka Katano)	Katano City, Hirakata City, Osaka Prefecture	Planned completion in September 2021
Mitsui Fudosan Logistics Park Ebina (MFLP Ebina)	Ebina City, Kanagawa Prefecture	Planned completion in spring of fiscal 2022

With these new projects, Mitsui Fudosan’s logistics business has a total of 40 properties under development or in operation, with 26 completed properties in operation, occupying a total floor area of approx. 2.2 million m², 12 under development, including the above-mentioned 5 properties, and 2 overseas, for an overall total floor area of 3.6 million m². From the start of the business in April 2012, cumulative investment is projected to reach approx. ¥570 billion.

MFLP Funabashi II and the adjoining facility MFLP Funabashi &GATE were completed in October 2019, having been developed as the phase II plan for a town creation-type logistic park in the Funabashi area. MFLP Funabashi II has an exterior design with a “sea” motif, giving it an affinity with the exterior of MFLP Funabashi I, which was designed around the concept of “sky.” Measures to increase the satisfaction of facility employees include enhanced common spaces such as the MINAMO Lounge and the Sky Deck, which have ocean views, as well as air conditioning for the inside of the warehouse. Inside the facility, high level internal security uses security gates and a facial recognition system. The logistics facility is also equipped with top level BCP facilities, such as a seismic resistant structure to reduce damage from earthquakes and emergency power generators to continue supplying electricity for 72 hours.

Map of MFLP Funabashi development area
The exterior of MFLP Funabashi II
MINAMO Lounge
Sky Deck
Facial recognition system
Entrance (security gate)

MFLP Funabashi &GATE is equipped with a cafeteria fitted with a kitchen, a fitness room that has a shower and changing room, a childcare facility (company-directed) also available for the use of MFLP Funabashi employees, as well as an open office space, the Logi Community Lounge, which provides new, free working styles for facility employees. Furthermore, with resting rooms that can be used for naps and a storage service featuring trunk rooms and wine cellars, this adjoining facility for all of MFLP Funabashi offers a wide range of functions.

Exterior photograph of MFLP Funabashi &GATE
Cafeteria
Fitness room
Drawing of childcare facility
Open office space
Resting room

Inside MFLP Funabashi &GATE, a logistics ICT showroom, MFLP ICT LABO 2.0, is scheduled to start operations in February 2020, exhibiting fully automated logistics models with automated logistics operations flows for everything from receiving to shipping. MFLP ICT LABO 2.0 has around 10 times the floor area of the MFLP ICT LABO that operated previously in MFLP Funabashi I, and the number of logistics equipment units on display is planned to be more than double. For the fully automated logistics model in the exhibition, state-of-the-art ICT equipment has been selected in every field and a warehouse management system (WMS) will be built from scratch to control the warehouse and adjust the processing capability and start-up speed of all each piece of equipment. The flow of cargo unaided by human hands can be viewed from the point at which the truck container products are carried out to the point at which they are loaded. This fully-automated logistics model is designed to attract customers and strengthen the Company’s ability to propose solutions that are tailored more closely to their needs.

Drawings of MFLP ICT LABO 2.0

Furthermore, under the town creation-type logistics park phase III plan for the Funabashi area, the Company has started development of MLFP Funabashi III and Green Space. MFLP Funabashi III is the largest development in the Company’s history, with a total floor area of 268,400 m², with construction starting in September 2019 and scheduled for completion in June 2021. The green space that is planned for completion at the same time as MFLP Funabashi III will cover approx. 20,000 m² and serve as a new symbol of the town and an interaction space for the community. This will complete MFLP Funabashi, a town creation-type project with a total area of 700,000 m².

Drawing of the exterior of Mitsui Fudosan Logistics Park Funabashi
Drawing of Green Space

The Company has decided to invite a skating rink operator into Green Space. A double skating rink will be installed, comprising an International Skating Union standard 60 m × 30 m A rink and a B rink to serve as a practice area, thereby providing a skating rink with an enhanced practice environment. The Company is also examining tie-ups with its facilities in the surrounding area, aiming to further vitalize the Funabashi area. and achieve neighborhood creation that will get better and better with age. Details of this skating rink will be disclosed in a news release planned for a later date.

“Connecting Values Together with Customers and Creating New Values Together with Customers”

As a partner in developing solutions for our tenants, we connect a wide variety of people, goods and ideas, tackling the challenge of creating value beyond conventional boundaries. We contribute to making modern life and society more fulfilling for everyone.

Overview of the New Facilities under Development

Mitsui Fudosan Logistics Park Yachiyo Katsutadai (MFLP Yachiyo Katsutadai)

Situated with good access to National Route 16 and the Higashi-Kanto Expressway and also close to a highly populated area. Along with regional deliveries to the surrounding area, access is also good to central Tokyo.

Location	Kamikoya aza Nakano and Kamikoya aza Sasadate, Yachiyo City, Chiba Prefecture
Access	Approx. 5 minutes’ drive from Miyauchi intersection on National Route 16 Approx. 25 minutes’ drive from Chiba Kita interchange on the Higashi-Kanto Expressway
Site area	Approx. 35,700 m2
Total floor area	Approx. 75,800 m2
Structure	4 above-ground floors
Construction	July 2019
Completion (planned)	August 2020

Mitsui Fudosan Logistics Park Tosu (MFLP Tosu)

Close to the Tosu junction and Tosu interchanges, which is a major junction on the Kyushu expressway network, the location offers excellent access to all areas of Kyushu. Positioning alongside National Route 3 offers high visibility. JR Tashiro Station is also within walking distance.

Location	Harumachi, Tosu City, Saga Prefecture
Access	Approx. 4 minutes’ drive from Tosu interchange on the Nagasaki Expressway Approx. 8 minutes’ walk from Tashiro Station on the JR Kagoshima Main Line
Site area	Approx. 31,400 m2
Total floor area	Approx. 35,300 m2
Structure	2 above-ground floors
Construction	January 2010
Completion (planned)	March 2021

Mitsui Fudosan Logistics Park Tokorozawa (MFLP Tokorozawa)

A logistics base that utilizes its position approx. 8 minutes’ drive from the Tokorozawa interchange. Developed in response to tenants needs for rebuilding.

Location	Miyoshi Town, Iruma District, Saitama Prefecture
Access	Approx. 8 minutes’ drive from Tokorozawa interchange on the Kan-etsu Expressway Approx. 25 minutes’ walk from Mizuhodai Station on the Tobu Tojo Line
Site area	Approx. 10,700 m2
Total floor area	Approx. 21,300 m2
Structure	4 above-ground floors
Construction	May 2020
Completion (planned)	May 2021

Mitsui Fudosan Logistics Park Osaka Katano (MFLP Osaka Katano)

A rare property in the inland part of Kansai. Positioned alongside National Route 1 and close to the Neyagawa-kita and Katano-minami interchanges on the Daini-keihan Road. Strong support for recruitment, being within walking distance of Hoshida Station on the JR Gakkentoshi Line.

Location	Hoshidakita, Katano City, and Koda, Hirakata City, Osaka Prefecture
Access	Approx. 5 minutes’ drive from Katano-minami interchange on the Dainikeihan Road Approx. 11 minutes’ walk from Hoshida Station on the JR Gakkentoshi Line
Site area	Approx. 33,900 m2
Total floor area	Approx. 72,000 m2
Structure	4 above-ground floors
Construction	August 2020
Completion (planned)	September 2021

Mitsui Fudosan Logistics Park Ebina (MFLP Ebina)

Close to the Ebina interchange and convenient access to the Ken-o and Tomei expressways. The property is well situated for logistics with strong potential to provide for nationwide deliveries as well as a local delivery site.

Location	Nakashinden, Ebina City, Kanagawa Prefecture
Access	Approx. 11 minutes’ walk from Atsugi Station on the JR Sagami Line and the Odakyu Odawara Line Close to the Ebina interchange on the Ken-o expressway
Site area	Approx. 56,700 m2
Total floor area	Approx. 124,400 m2
Structure	5 above-ground floors, seismic isolation structure
Construction	Winter of fiscal 2020
Completion (planned)	Spring of fiscal 2022