Hactl scores again at Supply Chain Asia Awards
Hactl – Hong Kong’s major independent cargo handler – scooped two awards at this year’s Supply Chain Asia Awards in Singapore.
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Hactl – Hong Kong’s major independent cargo handler – scooped two awards at this year’s Supply Chain Asia Awards in Singapore.
The rapidly growing e-commerce sector will continue to boost market demand for logistic properties in Malaysia and other Asia Pacific countries, according to JLL Property Services (M) Sdn Bhd.
Investments in logistics and industrial real estate in the Asia-Pacific will double in the next three to five years as investors look to increase exposure to the asset class, property consultant Jones Lang LaSalle forecast in a recent report.
JLL has hired former Knight Frank executives Tan Boon Leong and Ng Ee Kiat as directors with its industrial and logistics team in Singapore.
Global real estate: Logistics centres reach a new milestone In February, Legal & General Investment Management (LGIM) invested more than £100 million (€117 million) in UK industrial real estate sites, citing investors’ enthusiasm for the sector as a result of Covid-19. The firm is one of many worldwide seeking to increase exposure to industrial and logistics properties – a trend galvanised by the accelerated shift towards online retail during government-ordered lockdowns to combat the pandemic. According to LGIM, the rise of e-commerce and a scarcity of “high-quality, well-located”...