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: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.