ESR, a leading logistics real estate platform, has commenced construction on a new logistics facility in Singapore, in partnership with Japanese firms Tokyu Land and Hulic. The groundbreaking ceremony took place on 13 May, marking a significant step in the development of the state-of-the-art warehouse designed to meet the growing demand for logistics space in the region.
The facility, strategically located to serve Singapore’s bustling logistics sector, is expected to enhance the efficiency of supply chains and support the increasing e-commerce activities in Asia. The collaboration with Tokyu Land and Hulic underscores the importance of international partnerships in addressing the evolving needs of the logistics industry.
ESR’s Managing Director for Singapore, Jeffrey Shen, highlighted the project’s significance, stating, “This development is a testament to our commitment to providing high-quality logistics infrastructure in key markets across Asia.” The facility aims to incorporate sustainable building practices and advanced technology to optimise operations and reduce environmental impact.
The partnership with Tokyu Land and Hulic is part of ESR’s broader strategy to expand its footprint in Asia, leveraging the expertise and resources of its partners to deliver innovative solutions. The new facility is expected to be completed by the end of 2026, providing a boost to Singapore’s logistics capabilities.
As the demand for efficient logistics solutions continues to rise, the completion of this project will likely have a positive impact on the region’s supply chain dynamics, offering enhanced services to businesses and consumers alike.
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