ESR Group’s Post

Pierre-Alexandre Humblot, ESR Group Managing Director of Fund Management and Capital, recently joined other leading industrial real estate developers to discuss the Japan Industrial Outlook at Mingtiandi - Asia real estate intelligence’s 2024 Tokyo Forum. During the panel, Pierre highlighted the persistent institutional demand for Japanese logistics real estate. He emphasized that while inflation, rising construction costs and labor shortages have put a damper on development activity, those same factors make core investment in logistics extremely compelling. Pierre also noted that the ESR-managed state-of-the-art facilities selling in 2025 will be trading below replacement cost auguring significant positive rental reversion for the incoming capital. Find more insights here: https://lnkd.in/dAkUfA4e

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