Key Points of This Press Release 1. Integrated Logistics, Research, and Manufacturing Facility Supporting Industrial Infrastructure: A combined facility integrating the logistics facility "LOGIFRONT" and the R&D facility/factory "01-LabFactory." This will create an environment where research and development, manufacturing, storage, and delivery can be completed within the same facility. 2. Rare Large-Scale Hub in Close Proximity to Urban Centers: In addition to excellent transportation access near the Daisan Keihin and Tomei Expressways, this facility secures large-scale logistics, research, and manufacturing functions close to urban areas such as Kawasaki City and Setagaya Ward. It will serve the needs for proximity to consumption areas and the trend of returning R&D functions to urban centers. 3. Coexistence with the Community and Sustainable Facility Development: Promoting development in harmony with the community through the creation of green spaces and accessible pathways, and ensuring functionality as a disaster prevention base. Environmentally conscious facility operation is planned through urban greening, resource recycling, and the use of renewable energy. Nippon Steel Kowa Real Estate Co., Ltd. (Head Office: Minato-ku, Tokyo; President and Representative Director: Masahiro Miwa) commenced construction on July 1st of "(Tentative Name) LOGIFRONT 01-LabFactory Kawasaki Takatsu," an integrated industrial facility combining the rental logistics facility "LOGIFRONT" and the rental R&D facility/rental factory "01-LabFactory." Leveraging our expertise in logistics facility development, we will proceed with development towards completion in Spring 2028, addressing not only logistics needs but also the growing demand for R&D and factory spaces driven by the sophistication and urban proximity of R&D functions, and the aging of existing factories. Through this development, we aim to advance industrial infrastructure, foster community collaboration, and promote sustain