Daiwa House Industry Co., Ltd. (hereinafter “the Company”) will start work on October 1, 2018, on “D Project Rental Warehouse--Loc An Binh Son” in the Loc An Binh Son Industrial Park in Long Thanh, Dong Nai Province, in the southern part of Vietnam. This will be the Company’s first multi-tenant-type logistics facility (*1) in Vietnam.

Construction of the first building in this project is called “D Project Rental Warehouse--Loc An Binh Son Phase I” (site area: approximately 66,000 square meters, rental area: approximately 32,000 square meters).

Images: Image of Appearance of “D Project Rental Warehouse--Loc An Binh Son Phase I”

https://kyodonewsprwire.jp/prwfile/release/M000427/201809047530/_prw_PI1fl_RG5foa74.jpg

The Company established the Long Duc Industrial Park (total site area: 270 ha) jointly with Sojitz Corporation and Kobelco Eco-Solutions Co., Ltd. in Long Thanh, Dong Nai Province, in the southern part of Vietnam in August 2011, and proceeded with attracting companies and building factories, for which it gained a favorable reputation.

To meet increasingly diversifying needs for logistics facilities in Vietnam, the Company decided to develop a new multi-tenant-type logistics facility in the Loc An Binh Son Industrial Park, located approximately 15 km to the south of the Long Duc Industrial Park and approximately 40 km to the east of the center of Ho Chi Minh. On June 14, 2018, the Company entered into a rental agreement (until 2060) for land with a site area of approximately 132,600 square meters (*2) in this Industrial Park with VRG Long Thanh Development and Investment Joint Stock Company. The multi-tenant-type logistics facility will have a total rental area of approximately 62,000 square meters (planned).

- Daiwa House Vietnam Co., Ltd. will take charge in the design and construction of this facility.

(*1): A logistics facility that can accommodate multiple customers.

(*2): Approximately three times the size of Tokyo Dome.

Features

1. Development of a logistics facility in a location with easy access to air and sea transportation

2. Development of a multi-tenant-type logistics facility that can meet diversifying needs

For details, please visit

https://kyodonewsprwire.jp/attach/201809047530-O2-90klP9Ro.pdf