Kasumigaseki Capital Co., Ltd.
[Kawasaki City, Kanagawa Prefecture 2.] Notice regarding the sale of real estate for sale (logistics facility development site)
……
We would like to inform you that at the management meeting held today, August 23, 2024, we resolved to sell real estate for sale to LLC LOGI FLAG No. 9. We would like to inform you as follows.
Our company has also entered into an asset management contract with LOGI FLAG9, a limited liability company, and will be entrusted with management work related to logistics facility development
(development, operation, sale, etc.).
In addition, our subsidiary Logiflag Development Co., Ltd.
(Headquarters: Chiyoda-ku, Tokyo, Representative Director: Tomohiro Honma) will be entrusted with sub-asset management operations during the development period of this project, and will work with us to manage the logistics facilities. We will continue to develop it. 1. Property overview
[Table 2: https://prtimes.jp/data/corp/48076/table/239_1_c59e456a2954c5c54cdc8dc09b90d41c.jpg ]
2. Outline of the seller and sale price
Based on the confidentiality agreement between our company and the seller, we will refrain from disclosing the details of the limited liability company that is the seller. Regarding the sale price, we will refrain from disclosing the details based on the same
confidentiality agreement, but the sale price is an amount equivalent to 10% of the Company’s sales in the immediately preceding
consolidated fiscal year (August 2023). That’s all. There are no capital, personnel, or business relationships that should be noted between the Company and the seller, and there are no problems with their attributes.
3． schedule
Scheduled date of conclusion of sales contract: August 26, 2024 Scheduled purchase and settlement date: August 28, 2024
4. Future outlook
The sale of the development land mentioned above has already been factored into the consolidated financial forecast for the fiscal year ending August 2024. Sales will be recorded when the performance obligation is satisfied (sales settlement).
■List of properties scheduled for development of Kasumigaseki Capital logistics facility
[Image 1: https://prtimes.jp/i/48076/239/resize/d48076-239-253c28ac88d06e978978-0.png&s3=48076-239-7b3333c98baa55162c2d442fd70e03ed-2110×1267.png ]
■ Kasumigaseki Capital logistics facility development results (completed properties)
[Image 2: https://prtimes.jp/i/48076/239/resize/d48076-239-8b6aad2eebb7ec400c4f-1.png&s3=48076-239-2a261f925e427430790a33846ab8f0fd-2119×717.png ]
[Image 3: https://prtimes.jp/i/48076/239/resize/d48076-239-2508a81f2f82fa90da8b-2.png&s3=48076-239-8d834e91a208eccae70949ffebfe9adb-635×175.png ]
Click here for the dedicated website: https://logiflag.com/
We liken each logistics facility to a single flag and raise this flag one after another throughout Japan and the world. This is the goal of “LOGIFLAG” and the origin of its name. As a partner that solves the “issues” surrounding the logistics industry and opens up the future, we will continue to provide “new value” that can meet various demands. *“LOGI FLAG” is a registered trademark of Kasumigaseki Capital Co., Ltd. Company Profile
Company name: Kasumigaseki Capital Co., Ltd. Establishment: September 2011 Representative: Representative Director Kojiro Kawamoto Head Office: 22nd Floor, West Building, Kasumigaseki Common Gate, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013 : 17,963,560,000 yen (including capital reserves) *Number of employees as of the end of February 2024: 317 (consolidated group) *As of the end of February 2024 Main business: Real estate consulting business (logistics facility development, hotel development, healthcare facility development, overseas business)