A report on Bloomberg today announced that Wal-Mart is the latest retailer to take steps toward developing its own sites in China. This news follows moves in recent months by TESCO, IKEA and other retailers to develop shopping malls and… Read More>>
Kerry Set on Increasing its Logistics Footprint in China
Hong Kong-based Kerry Logistics is actively targeting mergers and acquisitions in a bid to expand its presence in mainland China.
Kenneth Ko, the firm’s Executive Director of international freight forwarding, told IFW that the operator already had around 700… Read More>>
3 Million Sqm Logistics Park Launches in Wuhu, Anhui
The inauguration ceremony for Nanxiang Merchant International Trade & Logistics Park was held in Wuhu City on March.28, officially launching a logistics park with construction area of over 3 million square meters in the city.
The park,… Read More>>
AMB Leases 33,570 square meters in Asia
AMB Property Corporation® (NYSE: AMB), a leading owner, operator and developer of global industrial real estate, announced on March 29th, 2011,it has leased approximately 361,200 square feet (33,570 square meters) in its Asia development portfolio.
“The supply of… Read More>>
GLP to Invest US$200 million in Suzhou Logistics Park
Global Logistic Properties Limited (GLP), a market leader in modern logistics facilities in China and Japan, announced on February 24th that it has entered into a joint venture with Suzhou New District Bonded Logistic Center Development Co., Ltd…. Read More>>
New GLP Distribution Centre Planned for Chongqing, China
Global Logistic Properties (GLP) announced recently that it will open a new logistics center in Chongqing’s Ba’nan District in western China.
With an investment of RMB 680 million, Global Logistic Properties (Chongqing) Urban Logistics Center will be set… Read More>>
GLP Back in the Black
Global Logistic Properties (GLP) has turned around in its fiscal third quarter from a loss in the year-ago period, posting a net profit of US$82.1 million.
A public-listed company which owns warehouses and other logistic assets mostly in China… Read More>>
Goodman Acquires Beijing Warehouse Facility
Goodman Group announced that it has acquired a warehouse facility with attached development land in Beijing that has the potential to provide over 40,000 sqm of total gross floor area (GFA), with a total forecast value of approximately RMB150… Read More>>
Asian Growth Properties and the Redwood Group Form Warehouse Venture
Asian Growth Properties (AGP) and The Redwood Group (TRG) announced a joint venture on 19th January, 2011 to develop, invest and manage logistics real estate in the People’s Republic of China.
SGP (Sino Growth Properties)-Logistics, Ltd. will provide a professional… Read More>>
Fun in the Sandbox
Alpha versions, beta versions, test sites, visits from mom, exercise programs and contest defeats. It has been a busy month here at RightSite, so apologies if the blog was a bit slow lately.
The big news on this Monday is… Read More>>
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