Ti: Warehousing tracker
TRANSPORT INTELLIGENCE reports: Warehouse costs rising steadily since Q1 2022, but y-o-y cost growth slowing substantially ...
On the back of last week’s deal that saw Singapore Global Logistic Properties buy Blackstone’s US warehouse portfolio for $8.1bn, this piece for a specialist property publication reveals that GLP, along with Australia’s Goodman Group, have had huge injections of capital recently from investors, particularly sovereign wealth funds. Finally, institutional investors have begun to understand what many of us in the trade have known for some time – namely that the upgrade of logistics and distribution facilities in Asia is likely to be a pretty safe investment given the year-on-year growth in demand.
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Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Hong Kong drops out of world's top 10 busiest container ports
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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