Daiwa House Asset Management Asia Pte. Ltd., as manager of Daiwa House Logistics Trust (the “Manager” and Daiwa House Logistics Trust, “DHLT”), is pleased to announce that DHLT has entered into a conditional sale and purchase agreement to acquire DPL Ibaraki Yuki (the “Target Property”), a freehold logistics property located in Ibaraki Prefecture, Greater Tokyo, Japan (the “Acquisition”).