Japan Logistics Fund, Inc. (8967.T) is Japan's first J-REIT dedicated to logistics properties, investing in real estate and other assets used for logistic facilities primarily in the Tokyo Metropolitan, Kinki, Chubu, and Kyushu areas; its portfolio includes modern warehouses and distribution centers such as Kiyosu Logistics Center, Kadoma Logistics Center, Komaki Logistics Center, Urayasu Chidori Logistics Center II, Ichikawa Logistics Center, Komaki Logistics Center II, Kasugai Logistics Center, Chiba Kita Logistics Center, and Narashino Logistics Center II. Founded on February 22, 2005, with Mitsui & Co., Logistics Partners Ltd. as the founding planner and asset manager, the company is headquartered in Tokyo and listed on the Tokyo Stock Exchange REIT section since May 9, 2005. It targets e-commerce, manufacturing, and distribution sectors, emphasizing properties in key logistics hubs with excellent transportation connectivity and sustainable features like energy-efficient designs.
As of recent periods, Japan Logistics Fund manages over 40 properties—52 as of July 2023—with total assets exceeding ¥1.1 trillion, including a strong focus on the Greater Tokyo area comprising about 65% of asset value, generating stable rental income from high occupancy rates. In January 2025, it acquired a 10% co-ownership interest in Narashino Logistics Center II (property M-17), expanding its portfolio through strategic property purchases. The company reported a 1.6% rise in fiscal H1 net income and secured ¥4.5 billion in loans in March 2025, while pursuing an equity buyback plan announced in September 2025 to enhance shareholder value. [ from third fetch]