Aeon Town Moriya
3-249-1 Yurigaoka, Moriya-shi, Ibaraki Prefecture

Aeon Town Moriya comprises a large shopping mall with more than 100 retail units across a NLA of around 68,047 sq m.

The property also boasts a diverse mix of tenants, ranging from family fashion and sporting goods, to electronic goods and various food & beverage options. The mall also offers the convenience of everyday amenities, as Aeon Town Moriya’s anchor tenant is a supermarket.

With all its stores located under a single-roof, Aeon Town Moriya is also seen to be a popular destination during the weekends, with a high proportion of families with young children visiting the property. Due to its varied offerings, the mall is also frequented by teenagers and senior couples.

Property Information
Net Lettable Area 68,047 sq m
Valuation As at 30 June 2016 JPY15,200 million
FY2016 Actual Net Property Income (NPI) From 1 July 2015 to 30 June 2016 JPY814.8 million
NPI Yield (Based on Actual NPI divided by the purchase price) 6.7%
Occupancy Rate As at 30 June 2016 100%
Weighted Average Lease Expiry As at 30 June 2016 11.0 years
Key Tenants Nafco, 109 Cinemas, Himaraya, York Mart, Nojima, Toys ‘R’ Us, Academia, Sanki, Play Land, Uniqlo, MUJI