日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Europe

Chinese fund to channel investment into UK warehousing and logistics

By Cecily Liu in London | chinadaily.com.cn | Updated: 2016-10-24 21:33

A Chinese fund intends to channel 1 billion yuan of investment into the UK's logistics and warehousing industry, to meet the UK's desire to strengthen logistics capacities post Brexit.

Shanghai based private equity firm PGC Capital signed an agreement on Monday with the UK's McCafferty Asset Management Group to launch a UK Logistics Warehouse Investment Scheme, targeting Chinese institutional investors. The actual launch date is yet to be announced.

PGC Capital will extend this scheme to Israel, Germany, South Africa and Switzerland, after successfully testing the water in the UK. McCafferty Group is in charge of selecting actual warehouse projects for investment.

Sangeeta Khorana, a professor of Economics at Bournemouth University, said this scheme comes at a time when the UK is building its own logistics strengths, realizing it can no longer rely on European logistics centers like Germany and Holland for international trade, if it leaves the European single market.

Hence British ports like Liverpool, Southampton Dover and Brighton, as well as London airports and Manchester Airport all require more logistics capacity, said Khorana said.

This week the UK government is due to give green light to adding a new London airport runway. Manchester Airport is meanwhile in process of constructing its 800 million pound business hub around the airport, including a big logistics capacity boost.

PGC Capital's move came at a time of Chinese exporters increasingly building their own logistics centers in the UK to improve supply chain efficiency and add customer service to in the UK, said William Franklin, founder of the London-based China Investors Club.

"We've seen growing Chinese exporters setting up warehousing facilities in the UK particularly in the past 12 months, especially medical devices, advanced machinery and raw materials for the transport sector like metals and steel," Franklin said.

"Since the referendum vote we've seen inquiries from these Chinese exporters grow two-fold. They're keen to build UK warehouse facilities to avoid sending products to EU logistics centers first," Franklin said.

Franklin added that Chinese exporters' warehousing investment in the UK fits into the story of growing Chinese trade along the Belt and Road countries, and he expects warehousing demand along all those countries to grow.

PGC Capital, founded in 2015, is best known in the UK for funding the development of Birmingham's Jewel Court, a project that will build 77 luxury apartments, with construction to finish in 2017.

Denise Li, CEO of PGC Capital, said the warehouse scheme already has in mind 3-5 potential warehouses near Manchester. It will raise 1 billion yuan in a year, and investment will be made with a time horizon of more than 5 years.

The fund will be aimed at Chinese institutional investors and individuals who qualify under the government's Overseas Direct Investment (ODI) scheme, which allows them to invest overseas bypassing China's capital restrictions.

Charles Whittle, CEO of McCafferty Group, said, said he is confident about this scheme, judging on warehouse demand.

The vacancy rate of UK warehouses decreased to 7.1 percent in 2016 compared with 18 percent in 2012, while unit rents have grown rapidly at an annual rate of 5 percent, Whittle said.

To contact the reporter: cecily.liu@chinadailyuk.com

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 免费黄色一级视频 | 国产精品二三区 | 国产夫绿帽单男3p精品视频 | 国产精品美女在线 | 欧美激情xxxxx | 欧美在线一二三 | 色婷婷一区二区 | 热久久中文字幕 | 日韩h在线 | 久久综合一区二区三区 | 色桃花网 | 一级黄色a级片 | 黄色一级大片在线免费看国产一 | 韩国久久久| 日本三级视频在线播放 | www.猫咪av.com | 亚洲天堂一区在线 | 国产视频久久久 | 欧美国产第一页 | 伊人五月婷婷 | 日日夜夜干 | 亚洲综合一区二区三区 | 久久久久久美女 | 四虎最新网址在线观看 | 成人福利视频导航 | 黄色大片av | 欧美亚洲第一页 | 国产一区二区三区视频在线 | 国产精品视频免费在线观看 | 国产黄色网络 | 欧美成人午夜精品免费 | 欧美一区一区 | 日日夜夜草 | 在线观看成年人视频 | 久久一区 | 热热色av | 成年人免费在线观看视频网站 | 久久av不卡| 一区二区三区视频免费看 | 国产精品久久久久久久精 | 国产毛片欧美毛片久久久 |