Nippon Steel Kowa Real Estate Co., Ltd. (headquartered in Minato-ku, Tokyo; led by President and CEO Masahiro Miwa) hereby announces its participation in a logistics facility development project (hereinafter the “Project”) in Plainfield, Illinois, U.S. (in the Chicago metropolitan area), developed by leading U.S. developer Trammell Crow Company (headquartered in Dallas, Texas; led by CEO Adam Nims) and CBRE K.K. (headquartered in Chiyoda-ku, Tokyo; led by Representative Director, President and COO Takashi Tsuji). The Company is joining the project alongside Keihanshin Building Co., Ltd. (headquartered in Osaka-shi, Osaka; led by President and CEO Tsuneo Wakabayashi).
The Company has been involved in the development and operation of 23 logistics facility projects in Japan under its flagship brand, LOGIFRONT. Building on these efforts, we aimed to further expand our logistics facility development business. In November 2024, we began developing our first overseas logistics facility in Plainfield, Illinois, U.S. (in the Chicago metropolitan area), and in June 2025, we participated in a second project in Buford, Georgia, U.S. (in the Atlanta metropolitan area). This Project marks our third overseas logistics facility development venture. The site for this Project is adjacent to the site of our first overseas project.

The Company is expanding its international businesses by building on the expertise we have cultivated in our core domestic businesses of building, housing, and logistics facility development. Overseas, we participate in a diverse range of real estate development and investment projects through joint ventures with local partners, including multifamily residential properties and logistics facilities, with the aim of securing stable earnings and capturing medium- to long-term growth opportunities. Going forward, we will continue to monitor market conditions, make investment decisions that reflect the characteristics of each region, and advance business initiatives aligned with the specific attributes of each asset to further expand our international businesses.