Warburg-backed ESR to invest $245m to develop Japan logistics facility

Warburg-backed ESR to invest $245m to develop Japan logistics facility

Photo by Erwan Hesry on Unsplash

Warburg Pincus-backed real estate investment platform ESR will invest an estimated JPY27 billion (equivalent to approximately $245 million) to develop ESR Yatomi Kisosaki Distribution Centre, which the firm says will be the largest modern logistics facility in Greater Nagoya, Japan.