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Warehousing

Warehousing
The latest news, analysis and opinion on Warehousing. In-depth analysis, industry insights and expert opinion.
Workers at Christie’s warehouse in Tsing Yi. Photo: Jonathan Wong
Hong Kong property

Hong Kong’s warehouses find support from demand to store metals and art

The city’s logistics sector receives a boost from LME’s inclusion and art storage demand, despite a cautious market and falling rents.

China property

Greater Bay Area: Chinese cross-border e-commerce firms fuel warehouse demand

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Science

China stakes global dominance in race to build smart ports

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Hong Kong economy

‘Many can’t survive’: Hong Kong logistics firms worry over relocation plans

Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation.

Illustration: Lau Ka-kuen
Blockchain

Maersk’s exit from blockchain-based logistics leaves the field open for China

Hong Kong-based Global Shipping Business Network has the largest blockchain platform for collaboration in shipping and logistics after Maersk and IBM’s TradeLens closed.

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JD.com

JD.com takes heavy losses as Covid-19 lockdowns disrupt e-commerce

JD.com reported a US$444 million loss in the three months ended March, while sales increased 18 per cent, its slowest growth since going public in 2014.

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China property

The View | Shanghai’s lockdown a defining moment for China’s logistics sector

The botched handling of Shanghai’s lockdown has shone a spotlight on last-mile fulfilment facilities and same-day delivery, which require high-quality warehouses in urban centres.

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A delivery man passes by barriers set up to lock down a community in Shanghai, China, on March 30. Residents of Shanghai have struggled to buy food supplies under anti-coronavirus controls that have confined most of its 25 million people in their homes, as the government tries to contain a spreading outbreak. Photo: AP
Amazon

Amazon’s AI warehouse managers targeted in California legislation

AB 701 prohibits the use of monitoring systems that thwart worker rights such as rest periods and safety, but Amazon says it needs automation to manage its sprawling operations.

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Hong Kong property

Hong Kong’s year-to-August real estate deals soar to two-year record

The investment boom underpinned Hong Kong’s economic recovery, helped by a tapering in the Covid-19 outbreak.

Hong Kong property

Concrete Analysis | Industrial property deals boost recovery momentum in Hong Kong

Six reasons industrial blocks are luring investment funds and leading a rebound in Hong Kong’s commercial property market.

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An industrial building in Kwun Tong undergoes a facelift. Emerging industries are driving strong occupier demand growth for Hong Kong’s factory and warehouse buildings. Photo: Felix Wong
Mergers & Acquisitions

Warehouse owner ESR buys rival to create Asian logistics behemoth

Real-estate logistics group ESR Cayman is to buy Singapore-based ARA Asset Management using stock and cash to create an Asian powerhouse with a portfolio of assets worth US$129 billion.

Men unload cargo from the truck of a logistics firm in Beijing’s central business district. Photo: Reuters
The View

Asia’s red-hot logistics property market sets high entry bar for investors

The sector’s stellar performance compared with other commercial real estate assets is attracting a flood of capital seeking profit, pushing prices up and rental yield down. The real challenge is the scarcity of institutional-grade assets.

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Amazon

Amazon has turned a middle-class warehouse career into a McJob

As Amazon opens about one US warehouse every day, it is transforming the logistics industry from a career destination with the promise of middle-class wages into entry-level work just a notch above being a burger flipper or convenience store cashier.

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Transport and logistics

Warehouse investment soars as Covid-19 sparks online delivery boom

Institutional investors, insurance giants and sovereign wealth funds are rapidly increasing their investments in logistics properties in China and the wider region as an e-commerce boom spurs demand for storage facilities.

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The logistics and industrial sector proved the region’s most resilient in the second quarter. Photo: Bloomberg
Robotics

Robotics start-up Geek+ in push to expand China’s smart logistics

Four-year-old Chinese start-up Geek+ Technology has deployed more than 7,000 logistics robots for a new generation of almost zero-labour, automated warehouses.

Logistics robots from Geek+ Technology are seen at the company’s factory in Nanjing, capital of the eastern coastal province of Jiangsu. These moving systems are deployed to carry shelves for inventory management in modern automated warehouses. Photo: Handout
US-China trade war

How the US-China trade war is redrawing the rules of global logistics

Import traffic at America’s busiest port, the Port of Long Beach in California, drop in May despite an increase in US tariffs on Chinese goods.

International Property

Warehouse operator launches Hong Kong’s largest IPO of the year

ESR Cayman, backed by private equity firm Warburg Pincus, is issuing 560.7 million shares to raise up to US$1.24 billion in Hong Kong IPO.

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Transport and logistics

Logistics major GLP forms US$2 billion fund with Singapore’s GIC

A logistics centre in Huaibei, Anhui province. The Singapore-based GLP is the largest warehouse operator in China, accounting for 30 million square metres of space. Photo: Reuters
Transport and logistics

Is a board spat brewing at China Logistics amid e-commerce boom?

Several China Logistics executives have said that ESR’s entreaty for a boardroom seat is ‘not an option’ because they compete for the same customers

Transport and logistics

World's biggest warehouse operator to use AI, data and robotics to cut wastage

Leading logistics solutions provider GLP says application of cutting edge technology can improve the efficiency of China’s booming logistics industry

Hong Kong shipping and logistics

Australian firm Goodman to build robotics-led Hong Kong warehouse

The site in Tuen Mun won by Goodman. It is expected to yield a total gross floor area of 852,000 sq ft. Photo: Winson Wong

China’s largest warehouse space operator GLP posts 34pc second quarter profit rise

Global Logistics Properties, the Singapore-listed logistic giant, owns 17.5 million square metres of warehousing space in China, more than double the combination of what its four biggest rivals own, according to its annual report in March. Photo: Reuters
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