The facility, which is named DSV Pearl, is a five-storey ramp-up warehouse that spans 720,000 sq ft. It will be DSV’s largest facility in Singapore upon its completion. The facility also boasts a large floor plate of 136,000 sq ft per floor with high ceilings and advanced warehouse automation systems to increase efficiencies in the storage, retrieval and processing of goods.
DSV and LOGOS will be investing $200 million in a built-to-suit warehouse facility that is expected to be completed by mid-2025.
DSV is a leading global logistics and supply chain service provider while LOGOS is a leading Asia Pacific logistics real estate specialist. LOGOS is also part of the ESR Group, which is the sponsor of Singapore Exchange (SGX)-listed ESR-LOGOS REIT (ELOG) (SGX:J91U
) .
