News

Canada pension scheme boosts China logistics play

The Canada Pension Plan Investment Board and Goodman Group, a property investor, have added $1.75 billion to their joint venture that invests in Chinese logistics assets. Set up in 2009, the Goodman China Logistics Partnership has now accumulated a total equity commitment of $5 billion. In the latest cash injection, the investment board supplied $1.4 billion and Goodman Group added $350 million. “The fundamentals of the Chinese logistics sector remain compelling, driven by domestic consumption growth in China, including e-commerce which underpins the strong demand for prime logistics facilities,” said Jimmy Phua, head of real estate investments, Asia, at the Canada Pension Plan Investment Board. The partnership's portfolio currently includes 33 properties including 2.5 million square metres of space with current occupancy levels of 99%. Logistics assets, including warehouses, terminals and ports, are an increasingly popular target for real estate investors. ©2018 funds global asia

Executive Interviews

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.