174 views
ESR Sakura DC

ESR-LOGOS REIT's maiden Japan acquisition achieves 100% occupancy

The REIT acquired the asset in 2022.

ESR-LOGOS REIT's Sakura Distribution Centre has achieved 100% occupancy, with the expansion of space requirements from an existing tenant.

The freehold five-storey modern logistics asset is the REIT's first acquisition in Japan. The REIT acquired the property in October 2022.

The asset completed in 2015 is located in the Northern part of the Chiba Prefecture in Tokyo and is situated between the Narita International Airport and Chiba Port. 

Meanwhile, the REIT also reported that  7002 Ang Mo Kio Avenue 5 acquired a new tenant recently involved in an asset enhancement initiative (AEI). The addition of the new tenant brought the occupancy of the newly completed building to 62%. 

The new tenant is a manufacturer of food service and airline equipment. The development involved in the AEI is a 25,000 sqm building suitable for advanced manufacturing, info-comm, and data centre tenants.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!