CRE (JP:3458) has released an update.
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Hankyu Hanshin Properties Corp., CRE, Inc., and Sembcorp Development Ltd. have started constructing a two-story logistics warehouse in the VSIP Hai Phong Industrial Park, Vietnam, aimed for completion by late 2025. This development is part of a larger strategy to expand logistics infrastructure in northern and central Vietnam, bringing the total to 11 properties with a combined net leasable area of approximately 150,000 square meters.
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