Message from the President & CEO

ITOCHU REIT Management Co., Ltd. is an asset management company founded on February 2,2005, as an operating company within the corporate group led by ITOCHU Corporation, a general trading house with strengths in consumer sectors and a well-established real estate developer. We offer asset management services for a wide range of real estate assets, including those owned by Advance Residence Investment Corporation, a residential J-REIT; Advance Logistics Investment Corporation, a logistics J-REIT; Advance Private Investment Corporation, a comprehensive private REIT; as well as privately placed investment funds.

As of November 1, 2024, Advance Logistics Investment Corporation executed an absorption-type merger, with Mitsui Fudosan Logistics Park Inc. (MFLP) as the surviving company. Following this, we divested our logistics J-REIT business to Mitsui Fudosan Logistics REIT Management Co., Ltd. (MFLM), the asset management company for MFLP, while acquiring a partial ownership stake in MFLM. As a result, we successfully strengthened our operational structure for logistics J-REITs, with Mitsui Fudosan and the ITOCHU Group as co-sponsors. Simultaneously, by significantly expanding the size of our asset base, we have improved our presence in the logistics J-REIT sector, stabilized our revenue base, and established a framework to commit ourselves to the improvement of investor value through strong partnership with MFLM. We express our sincere gratitude for your support for Advance Logistics Investment Corporation since its public listing on September 7, 2018, and we eagerly anticipate your ongoing support as we continue to manage the logistics J-REITs in MFLP via MFLM.

We wish to inform that there will be no change in the structure of sponsorship by the ITOCHU Group for both Advance Residence Investment Corporation and Advance Private Investment Corporation. We are dedicated to persistently growing our asset base and improve the quality of property management by leveraging, to the maximum, the diverse capabilities of the sponsor Group, just as we have done in the past. We will also diligently strive to enhance the sustained value of assets under management, drawing on our engineering expertise as a registered first-class architect office.

Moreover, in the spirit of the ITOCHU Group’s corporate philosophy sampo-yoshi (Japanese for “good for all three sides”), we will continue to take proactive steps to address social issues in the ESG (environment, society, and governance) area, as we recognize that ongoing efforts to solve these issues are critical to improve our investor and corporate value.

We are committed to further improve and strengthen our asset management structure in order to continue to be a company that “constantly provides all stakeholders with a sense of reassurance, credibility, and expectation,” as we have declared in our corporate philosophy.

We respectfully ask for your continued support.

Junichi Shoji
Representative Director, President & CEO
ITOCHU REIT Management Co., Ltd.