APAC focused logistics real estate platform ESR Cayman Limited (ESR) announced the completion of ESR Amagasaki Distribution Centre (ESR Amagasaki DC) in Greater Osaka which, with a GFA of 388,570 sqm (117,542 tsubo), 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.
“The development of ESR Amagasaki DC marks a milestone for ESR. It further cements our position not only as APAC’s leading logistics real estate platform, but as a company that consistently leads the industry with the highest standards of innovation. The state-of-the-art operational design and visionary elements that the ESR team have crafted for this facility are ground-breaking,” said Stuart Gibson, Co-founder and Co-CEO of ESR.
Built at the centre of the country’s key logistics network, ESR Amagasaki DC is well-placed to service the Japanese domestic market, with exceptional access to Osaka CBD, large national ports and international airports.
“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 Stuart Gibson.