FedEx Logistics Facility

In 2021, we successfully acquired a premium warehousing and distribution logistics facility in Ohio, USA. This state-of-the-art facility is fully leased to FedEx Inc., a renowned global courier and delivery service provider. The facility serves as a mission-critical hub for FedEx's expanding national ground delivery business. The FedEx facility we acquired boasts a unique location with scarce comparable supply in the surrounding area. This makes it highly attractive to blue-chip tenants such as FedEx and presents an excellent investment opportunity.

With an investment value of around US$100 million, this acquisition aligns perfectly with our investment approach in logistics and industrial real estate. Our strategy revolves around acquiring top-notch logistics assets located in key distribution hubs. This enables us to capitalize on the ever-growing e-commerce penetration rates and sales, which are driving the demand for efficient logistics services. As one of the world's largest courier companies, FedEx benefits immensely from the surge in e-commerce demand across North America.