Credo Asset Management Partners with Daito Trust for Cold Storage Facility Development in Chiba

Credo Asset Management and Daito Trust's Groundbreaking Expansion in Cold Storage Development

Credo Asset Management, headquartered in Minato, Tokyo, has officially announced its collaboration with Daito Trust, also based in Minato, to develop a state-of-the-art cold storage facility in Chiba Prefecture. This project signifies Daito Trust's first venture into the realm of cold storage logistics, a critical aspect of the modern supply chain that is experiencing a surge in demand.

Project Overview

The facility will occupy a land area of 22,794 square meters (approximately 6,895 tsubo) and will feature a total floor space of 7,938 square meters (around 2,401 tsubo), consisting of a two-story steel structure. Construction is set to commence in October 2025, with completion anticipated in February 2027.

Comprehensive Support from Credo Asset Management

As part of its commitment, Credo Asset Management will provide a wide range of support throughout the project lifecycle, which includes:

- Selection and negotiation of land use
- Quality and schedule management during the design and construction phases
- Market research and rent-setting consulting

The expansion into cold storage facilities is timely, given the recent rapid growth in demand for such logistics centers. Unlike conventional logistics facilities, cold storage locations face unique challenges. They require specialized design and construction to ensure insulation performance and effective temperature management.

Credo Asset Management leverages its extensive experience in logistics facility development to offer both dry and cold storage solutions. The firm has established a robust framework to support companies, catering to their specific needs across all phases, from scheme development to marketing, construction management, leasing, and facility operation.

Addressing Industry Challenges

The need for cold storage facilities is not just a trend but a response to the evolving landscape of logistics. As e-commerce continues to thrive, businesses face increasing pressure to maintain product quality, particularly for temperature-sensitive goods. The expertise provided by Credo Asset Management and Daito Trust will be crucial in overcoming these industry challenges.

Credo Asset Management: A Trusted Partner

Founded in 2021, Credo Asset Management emphasizes maximized utilization of client investments while offering diverse investment opportunities. The company is dedicated to creating new value for not only tenants and their employees but also the surrounding community through its real estate development and operations.

The name "Credo," derived from Latin, embodies the company's commitment to trust, promise, and principle, signifying its aim to be a reliable partner to all stakeholders, including clients, partners, and the community.

Future Directions

Credo Asset Management's ongoing endeavors include nationwide projects that span new developments, acquisitions, renovations, and other logistics solutions, including cold storage facilities. The firm is resolved to pursue quality and functionality in its operations while contributing to the resolution of logistical challenges and the development of local communities.

For further information about Credo Asset Management, you can visit their official website at Credo Asset Management.

Company Overview

- Company Name: Credo Asset Management Inc.
- Representative: Noritaka Shiota
- Location: 15F, Toranomon Hills Business Tower, 1-17-1 Toranomon, Minato, Tokyo
- Established: March 15, 2021
- Business Activities: Real estate development, ownership, leasing, management, sales, and brokerage; asset management and consulting services.