China Logistics Portfolio

Co-investment deal in partnership with Blackstone Asia. Portfolio of 18 logistics assets for lease totaling 32.3M sf located across China mostly around major cities. Assembled through 13 transactions since September 2018.

China's logistics real estate market benefits from structural tailwinds: e-commerce penetration growth, supply chain modernization, and a shortage of modern, institutional-grade logistics facilities. The partnership with Blackstone Asia provides access to best-in-class operational capabilities and deal sourcing in a market where local expertise is essential. The portfolio's diversification across major Chinese cities reduces concentration risk.

Active investment. The portfolio of 18 logistics assets totaling 32.3M sf across major Chinese cities continues to benefit from strong demand for modern logistics facilities, assembled through 13 transactions since September 2018.