Singapore/Tokyo, 20 July 2023 – GIC, a leading global investment firm, announces that it will acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area. 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 top class Japanese real estate developer engaged in various asset classes including logistics, residential, office, and retail. As a young and modern asset, the facility is attractive to a wide range of tenants serving both the regional local and regional areas.