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Dai-ichi Life invests around ¥8.7bn in logistics facilities fund

Written by Adam Cadle
07/06/2023

Dai-ichi Life has invested around 8.7bn yen in the Prologis Japan Core Logistics Fund, a logistics facilities fund managed by Prologis K.K, a global leader in logistics real estate that owns, manages, and develops logistics facilities.

The fund invests in operational logistics facilities in Japan and is looking to acquire prime assets approx. 240bn yen in the future.

Dai-ichi Life said: "The acquisition of investment opportunities that are difficult to access independently, such as advanced logistics facilities with automation and labour-saving functions, and high-demand logistics facilities with distribution network relay stations, will lead to long-term stable operating income."

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