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Back 24 Mar 2025

Daiwa House Logistics Trust Acquires Freehold Logistics Property in Greater Tokyo

Link: https://links.sgx.com/1.0.0/corporate-announcements/ULLXHFKUTO1AFZ2N/6170ff17860c87d8463e591512a8e37b156e344dea21ef525390d9ac566b6169

Summary:

  • Acquisition Details: Daiwa House Logistics Trust (DHLT) has completed the acquisition of DPL Ibaraki Yuki, a freehold logistics property located in Greater Tokyo, Japan.

  • Property Overview:

    • Location: Greater Tokyo, Japan.
    • Completion Date: January 2023.
    • Occupancy: 100% leased as of 30 June 2024.
    • Valuation: JPY3,225 million.
  • Strategic Significance: This acquisition enhances DHLT's portfolio by adding a modern logistics facility in a prime location, supporting the trust's growth strategy in the Japanese logistics sector.

Note: All data is sourced from Daiwa House Logistics Trust's official announcements.