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ESR completes first phase of Japan's largest multi-phase logistics park

Setting a new benchmark for modern, resilient and sustainable New Economy real estate Upon completion of the four-phase logistics park in Greater Tokyo, the asset will represent the highest value logistics park in Japan with an estimated total completed value of US$2.5 billion TOKYO and HONG KONG, June 16, 2022 /PRNewswire/ ESR ("ESR" or the "Company", together with its subsidiaries the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has completed the construction of ESR Yokohama Sachiura Distribution Centre 1 ("ESR Yokohama Sachiura DC 1" or "DC 1") in Greater Tokyo, which forms the first phase of the master-planned ESR Yokohama Sachiura Logistics Park. ESR Yokohama Sachiura Logistics Park, a multi-phase development that provides approximately 720,000 sqm logistics space over four phases, is set to be the largest logistics park (by value) in Japan and one of the largest ever develope ....

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