Breaking ground in Japan
Construction works for the ESR Noda II facility have now begun. The site is located in Chiba Prefecture’s Noda City in Japan and just 4 km away from the operational ESR Noda distribution centre I (Noda l).
Scheduled to be completed in August 2023, the Noda II is a 4-storey multi-tenant facility with a total GFA of 45,600 sqm (13,794 tsubo). The facility lies close to the National Route 16, which circles the Tokyo metropolitan area and can serve delivery routes from Chiba to Kanagawa.
Noda II will feature LED lighting installed throughout the building, usage of water-saving sanitary fixtures as well as the installation of self-consumption solar power generating 1 MW from the rooftop.
ESR is an APAC real asset manager and, according to its own records, the third largest listed real estate investment manager globally with about USD 140 billion in total assets under management (AUM). (sh)