LaSalle moves ahead with China logistics plan

ShanghaiLaSalle Investment Management (LaSalle) has begun work on five logistics developments projects in various cities throughout China. The asset manager expects the projects to deliver 359,000 square metres of leasable ground floor space upon completion early next year. “Strong domestic consumption will continue to drive demand for modern facilities in China. We have seen significant pre-leasing activity on our development portfolio,” said Alex Li, senior vice president of LaSalle’s logistics leasing and business development arm. The projects form part of LaSalle’s strategy to increase it logistics portfolio in the region in order to meet growing demand. Claire Tang, LaSalle’s head of greater China, said: “Consumer purchasing driven by technology and e-commerce has been rapidly pushing up the demand for modern logistics facilities located in top tier markets”. The five LaSalle Logiport projects are located in:
  • Shanghai Qingpu Logistics Park
  • Suzhou Wangting Logistics Park
  • Jiaxing Pinghu Logistics Park
  • Chongqing Airport Logistics Park
  • Xian Airport Logistics Park
As of the first quarter this year, real estate investment specialist, has around $64 billion of assets under management in private and public real estate property, and debt investments. ©2019 funds global asia

Executive Interviews

Interview: Asia’s sweet spots

Jul 05, 2019

As the US-China trade war ramps up with a hike in levies, Tai Hui, chief market strategist for Asia-Pacific at JP Morgan Asset Management, tells Romil Patel where he identifies investment value.

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.


ESG roundtable: Are the ESG stars aligning across Asia?

Jul 05, 2019

Our panel of experts discusses driving higher ESG asset allocation in Asia, growing calls to address the global climate crisis and the importance of governance. Chaired by Romil Patel in Hong Kong.

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.