For informational purposes only. The Japanese press release should be considered the original.
January 27, 2022
To all parties concerned
Logiport LaSalle REIT
1-11-1, Marunouchi, Chiyoda-ku, Tokyo
Representative: Toshimitsu Fujiwara, Executive Director
(Security identification code: 3466)
Advisors LaSalle KK REIT
Representative: Toshimitsu Fujiwara, President and CEO
Contact: Taira Jigami, Head of Fund Management
Notice regarding “Agreement on the use of facilities in the event of a disaster“
with Kashiwa City, Chiba Prefecture
LaSalle LOGIPORT REIT (“LLR”) announces that it has concluded a “Agreement on the use of facilities in the event of a disaster” (the “Agreement“) with Kashiwa City, Chiba Prefecture (Mayor: Kazumi Ota) with respect to one of its properties, LOGIPORT Kitakashiwa, as shown below.
1. Overview of the Agreement
This agreement stipulates that LLR will provide part of LOGIPORT Kitakashiwa to the city of Kashiwa as an evacuation center when deemed necessary in the event that a disaster occurs or is likely to occur in the city of Kashiwa.
LOGIPORT Kitakashiwa is a large-scale, high-specification logistics facility with a gross floor area of over 100,000 m2. In addition to being a sturdy building, the facility is equipped with contingencies such as a backup generator, as well as a stockpile of emergency supplies. In addition, in the event of an emergency, people can quickly evacuate the facility via a vehicle ramp. Taking advantage of these features of the facility, LLR supports the safety and security of local populations by cooperating with local governments on disaster countermeasures.
2. Future initiatives of LLR
LLR supports activities that contribute to community revitalization and recognizes that such initiatives are the foundation for sustainable business growth. Additionally, as a member of LaSalle, a leading global investment management firm, LLR believes that environmental, social and governance (“ESG”) best practices enhance the investment performance of its assets and LLR will continue to strive for maximum contributions through formal programs. that are conducive to environmental stewardship, social responsibility and the pursuit of ethical corporate governance.
This review is an English translation of the Japanese announcement dated January 27, 2022. No assurances or warranties are made regarding the completeness or accuracy of this English translation. In the event of any discrepancy between this translated document and the Japanese original, the original Japanese version shall prevail.
LOGIPORT Kitakashiwa（13-1 Matsugasaki Nitta, Kashiwa-town, Chiba）
Landing area：49,462.95 ㎡
Gross floor area：104,302.62 ㎡
Number of stories：6
Toshimitsu Fujiwara, Executive Director of LaSalle LOGIPORT REIT (left) and Kazumi Ota, Mayor of Kashiwa City (right)