ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Warehouse operator GLP readies $5bn for Japan

Asia's top logistics facilities provider eyes more than 10 projects

A warehouse operated by GLP in Japan's Saitama Prefecture.

TOKYO -- Global warehouse operator GLP will set up an investment fund to pour around 625 billion yen ($5.6 billion) into logistics facility development in Japan, targeting a dozen or so properties planned in 2019 and beyond.

Asia's top logistics facility provider is set to launch the fund as early as this year, and will invest in properties mainly in the greater Tokyo and Osaka areas. Among them is one of Japan's largest logistics facilities planned in Sagamihara, Kanagawa Prefecture -- slated for completion as soon as 2022.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more