GIC marks new acquisition in Japan’s logistics sector with Yatomi City facility

GIC, an investment firm headquartered in Singapore, has announced its acquisition of a logistics facility located in Yatomi City, part of the Greater Nagoya metropolitan area.

The strategic move expands GIC’s portfolio in Japan, positioning the firm closer to the Nagoya central business district and other key regional areas.

The asset, developed and completed in 2022 by top-tier Japanese real estate developer, Daiwa House Industry, is situated in a bustling logistics hub near a major expressway. This allows convenient access to Nagoya’s central business district and the broader surrounding regions. Daiwa House Industry, known for its engagement across various real estate asset classes, including logistics, residential, office, and retail, has delivered a modern, attractive facility that caters to a diverse range of tenants.

This acquisition underlines GIC’s commitment to capitalizing on opportunities in logistics real estate, particularly in well-connected metropolitan areas that offer significant growth potential. The move also positions the firm to serve an expanding tenant base in both local and regional markets.