Construction Begins on New Refrigerated Logistics Facility in Tashiro-honmachi, Tosu City, Saga Prefecture

Kyushu Electric Power Co., Inc. (Kyushu Electric Power) and Nomura Real Estate Development Co., Ltd. (Nomura Real Estate) have announced the commencement of construction for a multi-tenant refrigerated logistics facility near the Tosu Interchange on the Kyushu Expressway in Tosu City, Saga Prefecture. The project is being developed jointly by a special purpose company funded by Kyushu Electric Power and Nomura Real Estate, with Kyuden Urban Development Investment Management Co., Ltd. handling asset management. Responding to the rising demand for refrigerated logistics facilities driven by the expansion of the dining-out and home-meal replacement markets, as well as the aging of existing facilities, this new building will feature a total floor area of approximately 6,468 tsubo. The three-story box-type facility will include both chilled (5°C) and frozen (-25°C) zones on each floor. Furthermore, the facility aims to achieve Nearly ZEB certification through environmentally conscious planning, including the installation of a solar power generation system, with completion scheduled for October 2027. Tosu City, where the facility is located, serves as a transportation hub connecting major cities in Kyushu. It is an ideal location for distribution to the Fukuoka metropolitan area and the entire Kyushu region. Additionally, it offers excellent commuting convenience, being located approximately a 12-minute walk from Yayoigaoka Station on the JR Kagoshima Main Line, ensuring a favorable employment environment. The Kyuden Group is engaged in various urban development projects both domestically and internationally, primarily in Kyushu, to realize the goals set forth in the "Kyuden Group Management Vision 2035," including "challenging for carbon minus," "evolving solutions to meet diverse needs," and "creating value and growth through regional co-creation." The group will continue to actively develop logistics facilities, solve industry and regional issues, and contribute to regional development.