Mitsubishi Estate Logistics REIT Investment Corp | REIT Profile

Symbol: 3481
Exchange: TSE
Founded: 2016 (9 years)
HQ: Tokyo, Japan
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Industrial, Infrastructure

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Mitsubishi Estate Logistics REIT Investment Corporation (MEL) was listed on the Tokyo Stock Exchange on September 14, 2017, thanks to the support of our unitholders and many other stakeholders. MEL focuses investment on logistics facilities and has as its sponsor Mitsubishi Estate Co., Ltd. (MEC), one of the largest comprehensive developers in Japan. Along with fully leveraging the strengths of MEC's extensive sponsor pipeline founded in its strong logistics facilities development capabilities and tenant relations stemming from its long-standing track-record of good corporate customer relations, MEL also leverages the real estate fund capabilities of Mitsubishi Jisho Investment Advisors, Inc. (MJIA). Through this HYBRID leveraging of the strengths of both companies, MEL is able to realize stable and steady growth to achieve maximization of unitholder value. Japan has recently seen a surge in new logistics business needs, such as the increasing demand for logistics facilities with high efficiency, as well as the expansion of the 3PL market and e-commerce. Adapting to such changes in the logistics facilities business environment, MEL plays an important role in the logistics field in Japan and contributes to the development of logistics functions that support the lives of people.