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GIC to buy logistics facility in Japan from Daiwa House

GIC to buy logistics facility in Japan from Daiwa House

Singapore’s sovereign wealth fund GIC said it would acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area in Japan.

The asset is well‐located in a logistics hub near a major expressway and provides convenient access to the Nagoya central business district and other surrounding regions.

The warehouse was developed and completed in 2022 by Daiwa House Industry, a Japanese real estate developer engaged in various asset classes including logistics, residential, office, and retail.

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