Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Kenji Morita) and Hong Kong-based investment group Phoenix Property Investors (Location: Chiyoda-ku, Tokyo; representative in Japan: Daisuke Hayashi) announce that on March 31, 2025, construction was completed on MCUD ZIP Osaka Hirano, a logistics facility planned and developed in Kamiminami, Hirano-ku, Osaka, Osaka Prefecture.

Located inland in the city of Osaka about 2.0 km from Yao Interchange on the Kinki Expressway, the site offers outstanding transportation convenience in the Kinki region. Proximity to the central districts of Osaka, the largest consumer area in the Kansai region, makes the location ideal for delivery. The site is also about 4.5 km from JR Kudara Kamotsu Terminal Station, an advantageous location for modal shift. The facility is within walking distance of the nearest train station, Kami Station on the JR Kansai Main Line, and Shin-Kami Station on the JR Osaka Higashi Line. This proximity and the large surrounding population create a favorable environment for workforce hiring.

The facility, which can be divided and leased by up to two tenants, features one freight elevator and one vertical conveyor in each subsection. Pillar spans of over 11 meters create highly versatile specifications that flexibly adapt to warehouse layouts. Reflecting the characteristics and history of the region, each subsection incorporates design that recognizes the small urban factories lining nearby neighborhood streets and a motif of geologic strata, inspired by historic relics discovered during pre-construction surveying.

The facility has acquired A-Rank certification under the Comprehensive Assessment System for Built Environment Efficiency (CASBEE), highest-level certification under the Building-Housing Energy-efficiency Labeling System (BELS), and ZEB certification. The facility's equipment achieves energy conservation and environmental impact reductions through a solar power generation system that supplies a portion of the site's lighting and other electricity usage.

Taking "To nurture the future of urban spaces through our power to imagine and realize change" as its stated Purpose, Mitsubishi Corporation Urban Development, Inc. engages in real estate and urban development unbound by convention, primarily in the industrial, retail, and entertainment domains. In the industrial domain, the company works in the area of dry logistics warehouses as well as the development of automated and other refrigerated and frozen warehouses. It also develops shared manufacturing/R&D facilities under the innoba brand. In the retail and entertainment domains, the company engages in the development of urban retail facilities and Neighborhood Shopping Centers (NSCs), as well as arena development and event projects at Yokohama Red Brick Warehouses. The company also undertakes large-scale urban development centered on arenas and other features. Fully leveraging the comprehensive strengths of the Mitsubishi Corporation Group, which interfaces with a vast range of industries and customers in Japan and overseas, Mitsubishi Corporation Urban Development will nurture a prosperous future for cities together with customers and partners.

Phoenix Property Investors was founded in 2002 as an independent private equity real estate investment group. Acting on high-quality investment opportunities in wide-ranging sectors of real estate including offices, industrial, hospitality, housing, and retail, the company has created value for investors and other stakeholders. It currently has bases in seven major Asian cities (Hong Kong, Tokyo, Seoul, Shanghai, Singapore, Sydney, and Taipei), and since its establishment has managed approximately 15 billion USD in assets. Around the world, Phoenix Property Investors invests on behalf of institutional investors including government funds, public and corporate pension funds, foundations, university funds, insurance companies, and major family offices.