Kasumigaseki Capital announced on November 17th that it had acquired land for the development of a logistics facility in Miyoshi-machi, Iruma-gun, Saitama Prefecture.
The site covers an area of 21,900 square meters, and there are plans to construct an automated cold storage warehouse under the "LOGI FLAG" brand.
The company has been developing refrigerated and frozen warehouses and automated refrigerated warehouses to address challenges in the logistics industry, such as capital investment in refrigerated warehouses in preparation for the 2030 CFC regulations, increased demand for refrigerated warehouses due to the growing consumption of frozen foods, and labor shortages and an aging workforce resulting from the 2024 problem.
Furthermore, the company states that it will refrain from disclosing information about its business partners and transaction prices due to confidentiality agreements.
