{"id":2472,"date":"2020-11-24T06:17:00","date_gmt":"2020-11-24T06:17:00","guid":{"rendered":"urn:uuid:230fe7d8-48ac-4b44-bcad-a267c1011767"},"modified":"2025-02-18T08:06:18","modified_gmt":"2025-02-18T08:06:18","slug":"mapletree-enters-kyushu-logistics-market-acquires-prime-land-for-grade-a-warehouse-development-with-total-investment-to-be-over-s550-million","status":"publish","type":"newsroom","link":"https:\/\/www.mapletree.com.sg\/cn\/newsroom\/mapletree-enters-kyushu-logistics-market-acquires-prime-land-for-grade-a-warehouse-development-with-total-investment-to-be-over-s550-million\/","title":{"rendered":"Mapletree enters Kyushu logistics market, acquires prime land for Grade A warehouse development with total investment to be over S$550 million"},"content":{"rendered":"\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-list\">\n<li><em>Mapletree makes maiden entry into Kyushu logistics market with a land acquisition<\/em><\/li>\n\n\n\n<li><em>Land will be developed into two blocks of four-storey Grade A logistics facilities<\/em><\/li>\n\n\n\n<li><em>Set to be the largest logistics facility in Kyushu upon completion<\/em><\/li>\n<\/ul>\n\n\n\n<p><strong>SINGAPORE<\/strong>&nbsp;\u2013&nbsp;Mapletree Investments Pte Ltd (\u201cMapletree\u201d or \u201cthe Group\u201d) is pleased to announce it has made its maiden entry into the Kyushu logistics market by acquiring a plot of prime land measuring a total of 116,319 square metres (&#8220;sqm&#8221;) in Chikushino, Fukuoka, Japan.<\/p>\n\n\n\n<p>The land will be transformed into two blocks of multi-storey logistics facilities with a combined gross floor area of 231,648 sqm with total investment to be over S$550 million. It is set to be the largest logistics warehouse space in Kyushu upon completion.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"300\" src=\"https:\/\/www.mapletree.com.sg\/tachyon\/2024\/12\/Kyushu-1.png\" alt=\"\" class=\"wp-image-2473\" style=\"width:450px;height:auto\" srcset=\"https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-1.png?resize=500%2C300&amp;zoom=1 500w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-1.png?resize=500%2C300&amp;zoom=0.5 250w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-1.png?resize=500%2C300&amp;zoom=0.25 125w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"font-size:12px\"><em>Artist\u2019s impression of the upcoming two blocks of multi-storey logistics facilities that will be completed by Spring 2024. (Perspective: Ishimoto Architectural &amp; Engineering Firm, Inc. (Tokyo Office))<\/em><\/p>\n\n\n\n<p>The site is well-connected to major transportation infrastructure, including the Chikushino Interchange of the Kyushu Expressway (a 1-minute drive away), Fukuoka Airport (20 minutes) and Fukuoka central business district area (30 minutes).<\/p>\n\n\n\n<p>\u201cFukuoka, the gateway to Kyushu, is one of the regions in Japan where the Group has a high conviction for modern logistics facilities,\u201d said Mr Wong Mun Hoong, Mapletree\u2019s Regional Chief Executive Officer for Australia &amp; North Asia. \u201cAs the economic, administrative and cultural centre of Kyushu region, Fukuoka appeals to various industries to strategically locate their branches within the city or in the vicinity. Apart from diversifying our logistics portfolio, this prime land acquisition will enable the Group to build a presence in Kyushu, provide quality logistics space to our business partners and deepen our network connectivity in seven out of eight regions in Japan.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"300\" src=\"https:\/\/www.mapletree.com.sg\/tachyon\/2024\/12\/Kyushu-2.jpg\" alt=\"\" class=\"wp-image-2477\" srcset=\"https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-2.jpg?resize=500%2C300&amp;zoom=1 500w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-2.jpg?resize=500%2C300&amp;zoom=0.5 250w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2024\/12\/Kyushu-2.jpg?resize=500%2C300&amp;zoom=0.25 125w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"font-size:12px\"><em>An aerial view of the two blocks of Grade A modern warehouses that will be built over the next four years. (Perspective: Ishimoto Architectural &amp; Engineering Firm, Inc. (Tokyo Office))<\/em><\/p>\n\n\n\n<p>Home to Japan\u2019s youngest population, Fukuoka is a fast expanding and dynamic city in the country. It is also one of Japan\u2019s key industrial hubs, especially for logistics, high technology and automobile manufacturing sectors. In recent years, Fukuoka has been touted as an attractive economic location for new start-ups.<\/p>\n\n\n\n<p>The development by Mapletree will consist of two blocks of Grade A four-storey, double ramp-way modern warehouses. Construction of the first warehouse will be completed in early 2023, while the second warehouse is slated to open by Spring 2024.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Location &nbsp;<\/strong><\/td><td>Chikushino City, Fukuoka Prefecture<\/td><\/tr><tr><td><strong>Access<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;<\/td><td>Less than 1 kilometre (km) from Chikushino Interchange of Kyushu Expressway, 20 km from Fukuoka CBD<\/td><\/tr><tr><td><strong>Land<\/strong>&nbsp;<strong>Area<\/strong>&nbsp;&nbsp;<\/td><td>Total: 124,879.94 sqm (~37,776.18 tsubo), including:<br>&nbsp;&nbsp; &#8211;&nbsp;&nbsp; &nbsp;Warehouse Area: 116,318.63 sqm (~35,186.39 tsubo)<br>&nbsp;&nbsp; &#8211;&nbsp;&nbsp; &nbsp;Access Road: 8,561.31 sqm (~2,589.80 tsubo)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-black-color has-text-color has-link-color has-medium-font-size wp-elements-accf53b5148c05ed28121425ff8f197c\"><strong>MEDIA CONTACTS<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>Grace Lee<\/p>\n\n\n\n<p>Manager, Corporate Communications<\/p>\n\n\n\n<p>Tel: +65 6377 6218<\/p>\n\n\n\n<p>Email:&nbsp;<a href=\"mailto:\">grace.lee@mapletree.com.sg<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-d6b9ab57 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>Xabryna Kek<\/p>\n\n\n\n<p>Assistant Manager, Corporate Communications<\/p>\n\n\n\n<p>Tel: +65 6377 4608<\/p>\n\n\n\n<p>Email:&nbsp;<a href=\"mailto:\">xabryna.kek@mapletree.com.sg<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-black-color has-text-color has-link-color has-medium-font-size wp-elements-51334bce267471267459cbdcbb1f1d6c\"><strong>ABOUT MAPLETREE<\/strong><\/h3>\n\n\n\n<p>Mapletree is a leading real estate development, investment, capital and property management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.<\/p>\n\n\n\n<p>As at 31 March 2020, Mapletree owns and manages S$60.5 billion of office, retail, logistics, industrial, data centre, residential, and lodging properties. The Group manages four Singapore-listed real estate investment trusts (\u201cREITs\u201d) and six private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (\u201cUK\u201d) and the United States (\u201cUS\u201d).<\/p>\n\n\n\n<p>The Group\u2019s assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.<\/p>\n\n\n\n<p>For more information, please visit&nbsp;<a href=\"https:\/\/www.mapletree.com.sg\/News%20and%20Publication\/Press%20Releases\/2020\/November\/www.mapletree.com.sg\">www.mapletree.com.sg<\/a>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"featured_media":16293,"template":"","meta":{"_acf_changed":false,"_trash_the_other_posts":false,"ep_exclude_from_search":false,"editor_notices":[]},"tags":[554,114],"newsroom-category":[112,1135],"csr-category":[],"class_list":["post-2472","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry","tag-554","tag-news"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mapletree enters Kyushu logistics market, acquires prime land for Grade A warehouse development with total investment to be over S$550 million - MIPL Chinese<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mapletree-stag.altis.cloud\/cn\/newsroom\/mapletree-enters-kyushu-logistics-market-acquires-prime-land-for-grade-a-warehouse-development-with-total-investment-to-be-over-s550-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mapletree enters Kyushu logistics market, acquires prime land for Grade A warehouse development with total investment to be over S$550 million - MIPL Chinese\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE&nbsp;\u2013&nbsp;Mapletree Investments Pte Ltd (\u201cMapletree\u201d or \u201cthe Group\u201d) is pleased to announce it has made its maiden entry into the Kyushu logistics market by acquiring a plot of prime land measuring a total of 116,319 square metres (&#8220;sqm&#8221;) in Chikushino, Fukuoka, Japan. 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