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Logistics & Industry News: OYM Logistics Warehousing Alliance wishes you good health and prosperous business
SF REITs has agreed to acquire a warehousing complex in central China for RMB540 million (US$81.2 mi...
1. SF REITs has agreed to acquire a warehousing complex in central China for RMB540 million (US$81.2 million), the only logistics-focused listed trust in Hong Kong to expand its three asset portfolios and expand its geographic footprint.
2. “Mingtiandi” learned that the real estate investment arm of banking giant Morgan Stanley has acquired more than 210,000 square meters of four logistics asset portfolios located in the surrounding cities of Shanghai from Singapore-based “SC Capital Partners”, for undisclosed amounts.
3. A subsidiary of China Resources Group has agreed to purchase two warehouses in Hong Kong from Kerry Construction Group for a total consideration of HK$4.62 billion (US$588.6 million), a transaction that gives the mainland company its fourth and fifth industrial assets in Hong Kong. In Less than two years.
4. Colliers International announced that Bill Chan was promoted to Head of Industrial Property Services in Hong Kong, taking up his new post in April, which immediately had a positive impact on the company and effectively supported major multinational and local customers to grasp different leasing, sale and acquisition opportunities.
5. 11 logistics leading enterprises such as GLP, Jiandi Jingang and JD.com signed a project investment agreement with Pinggu District to build 11 projects in the three towns of Mafang, Machangying and Xiagezhuang, with a total amount of 30.4 billion yuan.
6. A chemical explosion occurred in a container warehouse 40 kilometres south of Chittagong, the largest port in Bangladesh, triggering a fire. Firefighters began to extinguish the fire a little later on the 4th, but the fire continued to burn until the 5th, and it is known to have killed at least 49 people, injured 300 people, and seriously injured many others.
7. Thomas Gronen, head of Fibs Logistics Greater China at Dubai logistics service provider, said restarting Shanghai is not as simple as turning on the lights, and that industrial output will take weeks to return to normal, if not months, before container traffic.
8. The China Federation of Logistics and Purchasing announced today that the China Express Logistics Index in May was 99.3%, up 6.4 percentage points from April; The detailed index further shows that the business express index is 97.6%, an increase of 5.2 percentage points per month; The rural express index was 99.4%, an increase of 14.8 percentage points per month; The cross-border express index was 101%, an increase of 6.5 percentage points per month; The employment index was 99.4%, an increase of 1.5 percentage points per month; The convenience index was 49.6%, an increase of 7.8 percentage points per month.
9. According to the plan drafted by the Ministry of Agriculture and Rural Development, Viet Nam plans to build five first-class fish ports for the national fish industry hub between 2021 and 2030.
10. When Vietnam's exports surpassed Shenzhen, a global manufacturing hub in southeastern China, in the first quarter, speculation resurfaced that Vietnam overtook China to become the world's factory.
OYM Logistics Warehousing Alliance Mr. Derek Li
