ESR completes APAC’s largest logistics warehousing project
APAC focused logistics real estate platform ESR Cayman Limited, has announced the completion of ESR Amagasaki Distribution Centre in Greater Osaka which, with a GFA of 388,570 sqm, is the largest domestic consumption logistics warehousing project in Japan as well as in APAC.
Strategically located in the Greater Osaka Metropolitan area, the six-storey, state-of-the-art facility epitomises the highest quality specifications as well as the human-centric and sustainable designs for which ESR properties are renowned. The development is a landmark project for ESR’s RJLF2 Japan development fund and key co-investment partners.
Stuart Gibson, Co-founder and Co-CEO of ESR, said: “This property provides an important new platform to service the logistics industry, especially given the current social and economic environments. The pandemic has accelerated the structural shift toward online consumption. We believe this trend will continue for the foreseeable future and drive even greater demand for high quality logistics space among e-commerce and 3PL companies. We will continue to invest in advanced, modern facilities like ESR Amagasaki DC to support our global and domestic tenants, allowing them greater capacity and agility of delivery for the rapidly evolving needs of their customers,” continued Mr. Gibson.