Tokyo Logistics Market Summary Q1 2019

New supply totalled 653,000 sqm in 1Q19, increasing total stock by 6% q-o-q and 22% y-o-y. Completions included ESR Ichikawa Distribution Center (GFA 225,000 sqm) in the Bay area and Logifront Koshigaya I (GFA 67,000 sqm) in the Inland area. The total supply of this quarter has been the largest since JLL started tracking it.

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