Note:
1
The property was valued by Colliers International using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00
to 70.18 units JPY.
2
Corporate rebranding by Inverness Medical Japan Co., Ltd with effect from 1 April 2011.
Key Statistics
P-Life Matsudo
Land Tenure
Land Area
Net Lettable Area
Number of Units (Rooms)
Year of Completion
Committed Occupancy
Name of Lessee (s)
Appraised Value
(as at 31 December 2012)
Gross Revenue (2012)
Purchase Price
Year of Purchase
Freehold
8,450 sq m
3,240 sq m
-
2005,
Additional works were completed in 2007
100.0%
Nippon Express Co., Ltd (Master Lessee)
Alere Medical Co., Ltd (Sub-Lessee)
2
¥ 2,850 million (S$40.6 million)
1
¥ 178,635,600
(3.0% of Total Gross Revenue)
¥ 2,590 million (S$34.19 million)
2008
P-Life Matsudo
357 Matsuhidai, Matsudo City, Chiba Prefecture, Japan
Annual Report FY2012
ParkwayLife REIT
43
The
P-Life Matsudo
property is a freehold 2-storey pharmaceutical product distributing and
manufacturing facility.
Conveniently located approximately 700 metres north of Matsuhidai Station on the Hokuso-
Kaihatsu Railway Line and within the vicinity of Exclusive Industrial District in Matsuhidai Industrial
Park.
P-Life Matsudo property is a specially designed built-to-suit property.
Others