Hankyu Hanshin Real Estate Co., Ltd.
Regarding the implementation of the “36 Tuas Road Project”, a logistics warehouse development project in the Tuas area of
Singapore
……
Boustead Projects Limited (*1) (Head office: Singapore, Chairman: John Lim Kok Min), Hankyu Hanshin Real Estate Co., Ltd. (Head office: Kita-ku, Osaka, President: Ryuichi Morotomi (*2)), a 100% consolidated subsidiary. Mitsui & Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President: Kenichi Hori) through MBK Real Estate Asia Pte. We will implement the “36 Tuas Road Project”, a logistics warehouse development project on Road.
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■Location of this property
The Tuas area, where this property is located, has easy access to Tuas Port (*3), which is being developed as one of the world’s largest ports, and the CBD (Central Business District), where government offices, companies, commercial facilities, etc. are concentrated. In addition, it is located near the Tuas Second Link, the bridge connecting Singapore and Malaysia, and is home to a concentration of manufacturing and pharmaceutical companies, making it a highly advantageous logistics base for Singapore.
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■Overview of the property
The property is a five-story logistics warehouse with a site area of approximately 29,900 square meters, a total floor area of
approximately 59,800 square meters, and construction is scheduled to be completed around spring 2025.
This warehouse is equipped with ramps to allow direct access to the warehouse sections on each floor, and features specifications that enable the latest logistics operations. In addition, the facility is air-conditioned and can handle temperature-sensitive consumer goods and products.
This development plan takes the environment into consideration from the design stage, and includes exterior walls with high insulation performance, as well as highly efficient ventilation systems and air conditioning equipment. Through these efforts, this property aims to obtain the highest rank (platinum certification) of BCA Green Mark 2021 (*4).
As mentioned above, the three companies will develop advanced logistics facilities in Singapore, which is a leader in rapidly growing Southeast Asia, and aim to realize a sustainable society. Overview of Boustead Projects Limited
[Company name] Boustead Projects Limited
[Address] 82 Ubi Avenue 4 #07-01 Edward Boustead Center Singapore 408832 [Representative] John Lim Kok Min
[Business content] Project management including design and
construction, real estate development and rental, real estate funds, etc.
[Number of employees] Approximately 200 people (as of March 2023) Overview of Hankyu Hanshin Real Estate Co., Ltd.
[Company name] Hankyu Hanshin Real Estate Co., Ltd.
[Location] Inside the Hankyu Terminal Building, 1-1-4 Shibata, Kita-ku, Osaka [Representative] Ryuichi Morotomi (*2)
[Business description] Office and commercial facility rental, real estate development, area management, real estate funds, condominium sales and rentals, detached houses and residential land sales, brokerage, renovation, rental management, land utilization, etc. [Number of employees] Approximately 900 people (as of March 2023) Overview of Mitsui & Co., Ltd.
[Company name] Mitsui & Co., Ltd.
[Location] 1-2-1 Otemachi, Chiyoda-ku, Tokyo
[Representative] Kenichi Hori
[Business description] Global sales bases, networks, information capabilities, etc. in the fields of metal resources, energy, projects, mobility, chemicals, steel products, food, distribution business, wellness business, ICT business, and corporate development. Taking advantage of this, we will develop various businesses from various angles, such as sales of a wide variety of products, supporting logistics, finance, and even the construction of international projects.
[Number of employees] Approximately 46,800 people (as of March 2023) (Note) All numbers of employees are on a consolidated basis. Overview of MBK Real Estate Asia Pte. Ltd.
[Company name] MBK Real Estate Asia Pte. Ltd.
[Address] 79 Robinson Road #20-04A Singapore 068897
[Representative] Takashi Nishikori
[Business content] Real estate development business in Southeast Asia [Number of employees] 12 people (as of March 2023)
(*1) The company is a real estate company listed on the main board of the Singapore Stock Exchange (a market for large, blue-chip
companies), and provides project management services including design and construction mainly in Singapore, but also in China, Malaysia, and Vietnam. We also engage in other businesses such as real estate development and rental and real estate funds.
(*2) Various and Takashi are old characters.
(*3) The port is being developed in four phases as a port with equipment such as automated container cranes and container transport vehicles, with the first phase opening in September 2022 and development. The entire project is expected to be completed in the 2040s.
(*4) This is a green building certification system certified by BCA (Buildings and Construction Authority), a Singaporean government agency, and has been in operation since 2021.
Hankyu Hanshin Real Estate Co., Ltd. https://www.hhp.co.jp/
Release https://www.hankyu-hanshin.co.jp/release/docs/b5d91a540d77fcb3b26515319f38affdddd6fe87.pdf Publisher: Hankyu Hanshin Holdings
1-16-1 Shibata, Kita-ku, Osaka
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