# ESR and Mitsubishi unit to develop Indonesia logistics, industrial hubs valued over US$80 mil - **Source:** EdgeProp Singapore - **Published:** 2026-07-07T03:24:42.000Z - **Author:** Edgeprop Singapore - **Original:** https://www.edgeprop.sg/property-news/esr-and-mitsubishi-unit-develop-indonesia-logistics-industrial-hubs-valued-over-us80-mil - **Topics:** Commercial & Industrial, Regional Markets ## Featured rationale The expansion signals confidence in multinational logistics, e-commerce and manufacturing demand and could ease some institutional-grade supply constraints in Karawang and Cikarang. ## AI summary ESR and MCUDI began developing two Greater Jakarta logistics and industrial hubs worth over US$80 million, delivering approximately 111,000 sq m of leasable area. ## Original article Two Grade A logistics and industrial facilities in Greater Jakarta will be developed under a partnership between real asset owner and manager ESR and Mitsubishi’s wholly-owned subsidiary MC Urban Development Indonesia (MCUDI). Construction has begun, with completion targeted for the third quarter of 2027. The institutional-grade assets, with a total expected asset value of more than US$80 million ($103.3 million), will be located in Karawang and Cikarang — two established and in-demand industrial submarkets in Indonesia, the firms said in a joint announcement on July 7. Karawang Logistics and Industrial Hub will comprise a three-block, single-storey facility within the Suryacipta industrial estate. Read also: ESR turns Yokohama logistics park into multi-use hub with Red Bull Tokyo Drift 2026 event Developed on a freehold site spanning about 100,000 sq m (1.08 million sq ft) in land area, the project in Karawang will deliver close to 63,000 sq m of leasable area. It aims to target growing demand from multinational third-party logistics and manufacturing customers. The site has direct access to the Jakarta-Cikanpek toll road, with enhanced future connectivity via the Jakarta-Cikampek II south toll road. The other upcoming property is Cikarang Logistics and Industrial Hub, within the Jababeka industrial estate. A two-block, single-storey facility will rise on a 68,000 sq m freehold site and deliver more than 48,000 sq m of leasable area. The Cikarang property will cater to multinational logistics, e-commerce and manufacturing customers, supported by transport linkages across the Jakarta-Cikampek toll road network, according to the announcement. Both properties will be designed and built by Japanese contractors, incorporating modern fire safety, seismic-compliant design, and sustainable features. The developments will also adopt a “human-centric design approach” to improve energy efficiency and support worker well-being, the announcement added. ESR head of Southeast Asia, Jai Mirpuri, said: "This investment reflects ESR’s asset-light strategy and focus on Asia Pacific markets with clear demand visibility and strong partner alignment." Read also: ESR and Wide Creek Asset Management to develop South Korea data centre The latest joint development agreement is the second phase of ESR and MCUDI's strategic partnership in Indonesia. They had earlier delivered and leased out three projects: Karawang Logistics Park 1, and Cikarang Logistics Parks 1 and 2. MCUDI’s incoming president director, Hideaki Nakajima, said the two companies are expanding their collaboration and investment in warehousing projects in Indonesia "by combining our local capabilities with our accumulated know-how and network in Japan, alongside ESR’s fund management and development expertise". Mirpuri of ESR noted that the partners are scaling institutional-grade logistics and industrial developments in strategic Greater Jakarta locations where supply remains "structurally constrained". ## Chinese translation > Translation model: grok ### ESR与三菱子公司合作开发印尼物流工业枢纽，资产总值逾8000万美元 两处设施合计将在大雅加达永久地契地块上提供约11.1万平方米（119万平方英尺）可租赁面积 不动产所有者兼管理人ESR与三菱全资子公司MC Urban Development Indonesia（MCUDI）将合作开发大雅加达两座甲级物流与工业设施。 项目已开工建设，目标于2027年第三季度竣工。 双方于7月7日联合宣布，这两处机构级资产预计总资产价值逾8000万美元（约1.033亿新元），分别位于卡拉旺（Karawang）与西加朗（Cikarang）——印尼两个成熟且需求旺盛的工业子市场。 卡拉旺物流工业枢纽（Karawang Logistics and Industrial Hub）位于Suryacipta工业园内，为三栋单层设施。 相关阅读：ESR将横滨物流园改造为多功能枢纽，并承办Red Bull Tokyo Drift 2026活动 该项目建于约10万平方米（108万平方英尺）永久地契土地上，可租赁面积接近6.3万平方米，旨在满足跨国第三方物流与制造业客户日益增长的需求。 地块直通雅加达—芝卡佩克（Jakarta-Cikampek）收费公路，未来还将通过雅加达—芝卡佩克II南线收费公路进一步提升连通性。 另一项目为西加朗物流工业枢纽（Cikarang Logistics and Industrial Hub），位于Jababeka工业园内。两栋单层设施将建于6.8万平方米永久地契地块上，可租赁面积逾4.8万平方米。 根据公告，西加朗项目将服务跨国物流、电商与制造业客户，并依托雅加达—芝卡佩克收费公路网络提供交通支持。 两处物业均由日本承建商设计建造，融入现代消防安全、抗震合规设计及可持续元素；开发亦将采用“以人为本的设计方法”，以提升能效并支持员工福祉，公告补充称。 ESR东南亚主管Jai Mirpuri表示：“这项投资体现了ESR的轻资产策略，以及聚焦亚太地区需求清晰可见、并与合作伙伴高度协同市场的方向。” 相关阅读：ESR与Wide Creek Asset Management合作开发韩国数据中心 此次联合开发协议是ESR与MCUDI在印尼战略合作的第二阶段。双方此前已交付并出租三个项目：卡拉旺物流园1期，以及西加朗物流园1期与2期。 MCUDI即将上任的总裁董事Hideaki Nakajima表示，两家公司正扩大在印尼仓储项目的协作与投资，“通过结合我们的本地能力与在日本积累的专长和网络，以及ESR的基金管理与开发专长”。 ESR的Mirpuri指出，合作伙伴正于大雅加达战略区位扩大机构级物流与工业开发，这些区位供应仍“结构性受限”。