Mitsubishi Estate to triple logistics spending for batteries and self-driving

$3bn investment planned amid EV shift and looming driver shortage

20231130N Mitsubishi Estate

This Mitsubishi Estate logistics center in Zama, Japan, will be one of the company's largest, with a floor space of 178,700 square meters. (Mitsubishi Estate)

SHUGO TAMURA, Nikkei staff writer

TOKYO -- Japanese property group Mitsubishi Estate plans to spend 500 billion yen ($3.3 billion) over the next decade developing logistics facilities, Nikkei has learned, seeking to build warehouses that can store automobile batteries or accommodate self-driving trucks.

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