Macquarie-backed UI expands investment activities in Japan, China
Investors - MAY 11, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Macquarie-backed UI expands investment activities in Japan, China

by Kali Persall

Unified Industrial (UI), a Tokyo-based developer and investment manager specializing in logistics and industrial real estate, has expanded its investment activities through three new ventures — two in Japan and one in China.

The first two ventures have now been fully deployed across five assets that will deliver 430,000 square meters (4.6 million square feet) of gross floor area. The third venture (Japan Logistics Club II) has achieved final close with a seed asset and has further projects under investment approval that will fully deploy the remaining equity commitments.

On an end-value basis, these ventures will increase UI’s assets under management to $2.8 billion.

UI formed a strategic partnership with Macquarie Asset Management in 2021. The developer’s current projects include both greenfield developments and value-add projects. Its latest development is in Greater Osaka and will deliver more than 254,000 square meters (2.7 million square feet), with P

Forgot your username or password?