Aeon Reit Investment Corp (3292)

AEON REIT Investment Corporation (hereinafter, “AEON REIT”) invests primarily in retail and related properties which, as an integral part of the communities in which they are located, form the backbone of communities and their retail business infrastructure. Through said investment, we aim to ensure stable earnings over the medium to long term and achieve steady portfolio growth. AEON REIT was established on November 30, 2012, in accordance with the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended; hereinafter, the “Investment Trusts Act”), with AEON Reit Management Co., Ltd. (hereinafter, the “Asset Manager”) serving as the organizer. AEON REIT was listed on the Real Estate Investment Trust Securities Market (J-REIT market) of the Tokyo Stock Exchange (securities code: 3292) on November 22, 2013. In the fiscal period under review (21st fiscal period), AEON REIT issued new investment units in February 2023 (total paid-in amount: ¥10,418 million). Using the procured funds in combination with ¥9,300 million in new debt financing, AEON REIT acquired 2 properties comprising AEON MALL Wakayama and AEON MALL Miyakonojo Ekimae (total acquisition price: ¥21,300 million). The real estate held by AEON REIT as of July 31, 2023, totaled 49 properties in Japan and overseas, including AEON MALL SEREMBAN 2 it owns through an overseas real estate holding corporation established in Malaysia (hereinafter, the “Overseas SPC”), with a total acquisition price of ¥468,332 million. Total leasable area is 4,241,745.30 m2 and the occupancy rate of the entire portfolio is 100.0% as of the same date.