In order to adapt to the rapid expansion of the freight market, many cities and provinces are draft to establish a more efficient logistics systems. As an important node in the network of modern logistics, the logistics park began to play a very important role in the government’s development plans, and warehouse property will also bring more potential opportunities.
The paces of development of China’s high-quality storage facilities surprise us.n the end of 2008, the total high standard warehouse property reached about 12.2 million square meters, almost 34 times in early 2002.Until 2002, high standard warehouse property exists only as big cities like Shanghai and Beijing.after2005, with the gradual deepening of the Tenth Five-Year Plan and the “Go West” strategy, China gradually developed central and western regions, emerged market such as Chengdu, which has had high-quality warehouse properties.This fully reflects the Chinese infrastructure system being extended from the coast to inland areas, and the continued growth of the consumer market even still plays a very important role.
International developer has been an important force to update the warehouse property market in china.2004, in Suzhou Industrial Park, ProLogis developed its first logistics park in China, it is the first overseas developer whom to developed logistics facilities in China.After ProLogis, many other countries developer and investor promote China warehouse property market towards a higher level.
Expect in the future there will be more domestic developers enter the market, most of them rich in experience of industry invest, including manufacturing plants, real estate.In Plainvim example, it developed a number of manufacturing plants and industrial park in southern China, this time Plainvim plan property development in Kunshan, a large project.
From the ownership structure, the rental property market has always been mainstream, high-quality properties are generally provided by those professional developers, and usually they don’t division the property rights. In the past few years, some customers specified developers based on their specific requirements for their construction properties.However, as the world economic downturn, many companies have begun to peel some of the non-core assets, including real estate. Leaseback not only retained the right to use the property, but without having to invest large sums of money. On the other hand, since these properties have long-term stable tenancy agreement, it attracts those looking for a low-risk investment opportunity in the core investor.
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