On the 30th, Kasumigaseki Capital <3498> announced the launch of the frozen automated warehouse development project ('temporary name') LOGI FLAG TECH Nagoya 1' in Nagoya, Aichi Prefecture.
The project is a collaboration between SFG Real Estate Investment Advisor and seven banks, mainly from the Tokai region, providing non-recourse real estate loans, in which several domestic investors, including the company, participate as investors. The name of the fund is El Oj 2 Specific Purpose Company. The company has signed asset management and project management contracts and is entrusted with management business related to logistics facility development (development, operation, sale, etc.).
As one of the means to realize new logistics solutions, the company is developing a frozen automated warehouse that adds the element of automation to freezing and refrigeration. ('Temporary name') LOGI FLAG TECH Nagoya 1 has a site area of approximately 7,100 square meters and a total floor area of approximately 21,620 square meters (planned), and is expected to be completed in spring 2026. It will be the company's first base in the Chubu area, and is expected to have synergy effects with existing properties as a relay point for transportation in the Tokyo metropolitan area and Kansai region in the future.