“Two Anchors with a Mall” Building Style

Anchor stores (typically Japanese-style GMS*, department stores, or a collection of other large-scale specialty stores) are placed at either end of the mall. The space in between is then filled with a wide variety of specialty stores. The low-rise structural style of the mall building, generally two or three floors, makes it easy for visitors to move around.

*A combination of supermarket and U.S.-style general merchandise store under one roof

Trade Area Population of 400,000 within 30-Minute Driving Distance

We assume that customers will access our malls primarily by car. For this reason, as a rule we select outlying and suburban areas of major cities and regional centers for mall development. Of ÆON MALL’s 56 shopping malls in Japan, 19 are located in front of or in close vicinity to railway terminals.

Gross Leasable Area of 70,000 to 80,000m2

As a rule, the gross leasable area of our commercial facilities is 70,000 to 80,000m2 to allow for the creation of spaces that will attract customers and provide them with a variety of functions.

Parking Area for over 3,500 cars

Enabling easy access by car is essential for drawing in customers. This requires securing a large parking area that can handle more than 3,500 cars.

Secure a Site Large Enough for Planned Future Expansion of Floor Space

At the development stage ÆON MALL plans for the space needed for future floor expansion to continuously enhance the mall's revenues, then takes steps to secure a site expansive enough to accommodate this plan.

Maintain Ratio of EBITDA to Total Investment at 13%

In the development of shopping malls, we generally prefer a model of leasing the site and owning the building. Our standard for investment profitability is a ratio of EBITDA to total investment of more than 13%.