As China e-commerce booms, private equity sees room for growth in storage space: Reuters
Deep-pocket investors, including Carlyle Group LP, Canada Pension Plan Investment Board (CPPIB) and Warburg Pincus, have splashed US$12 billion on the logistics sector in China since 2013, Reuters reported, citing data from Jones Lang LaSalle. The increased attention paid to warehouses and logistics businesses owes to greatly intensified online shopping on the part of Chinese consumers.
24 August 2016•4 mins read
