GLP J-REIT Characteristics
Investment in Modern Logistics Facilities
We intend to invest mainly in “modern logistics facilities,” which refers to highly functional leasable logistics facilities with a minimum gross floor area of 10,000㎡. There is a limited supply of modern logistics facilities, and demand for modern logistics facilities is expected to increase based on the growth of Japanese 3PL operators* as well as the e-commerce market. We intend to focus on modern logistics facilities with the following features, among others, which in our view indicate high functionality: Floor-to-ceiling height of 5.5 meters or more and a floor load tolerance of 1.5 tons/㎡ or more in more than 50% of the gross floor area.
- Third-party logistics (“3PL”) operators provide logistics services to partially or completely manage supply chains for client businesses. A typical 3PL company provides unified operational storage and transportation operations that can be adjusted and customized to fit the scale and needs of client businesses to match market trends in the goods and services of the customer industry, and to match the demand for supply- and logistics-related services.
Characteristics of Modern Logistics Facilities
We intend to invest mainly in modern logistics facilities with the following features, among others, which in our view indicate high functionality
- Large-scale Facilities
- We intend to focus on modern logistics facilities with a gross floor area of 10,000㎡ or more
- Functionality
- We intend to focus on modern logistics facilitieswith a floor-to-ceiling height of 5.5 metersor more and a floor load tolerance of1.5 tons/㎡ or more
Functions of Modern Logistics Facilities
In investing in modern logistics facilities, we will also consider the following functions:
A typical modern logistics facility
GLP Atsugi II


Warehouse interior with sufficient spacing between pillars and ceiling height

Wide driveway

Rampway that can access each floor

Vertical conveyor

Seismic base isolation bits to ensure the safety of people and goods

Security system

Environmentally friendly solar panels

Cafeteria

Kiosk
- The foregoing information shows the major functions of modern logistics facilities as an example. We do not intend to invest only in leasable logistics facilities