On August 22, China Logistics Assets announced the signing of a cooperative framework agreement with TSENG Investment Management Company to establish a joint venture plan with a total investment of US$300 million to operate China's logistics warehousing projects, and granted TSENG the preemptive right to purchase a number of existing logistics assets and development projects.
在協議底下，中國物流資產將出資達9千萬美元，獲聘為該基金旗下所有物流資產提供項目及物業管理服務，是集團今后實現多樣化收入、進一步定位為領先的物流設施供貨商，及向輕資產模式邁進的一大里程碑。
Under the agreement, China Logistics Assets will invest $90 million and be hired to provide project and property management services to all of the Fund's logistics assets. This is a milestone for the Group to diversify its revenues, further position itself as a leading supplier of logistics facilities, and move towards a light asset model.
中國物流資產首席執行官潘乃越先生表示：“近年電子商務及國內消費高速發展的積極帶動下，核心物流市場的需求持續強勁。此次能吸引得世界級地產業內機構投資者領盛作為我們的伙伴，對集團的策略是莫大的肯定。我們樂與領盛深化合作關系，透過此次合作加強雙方業務的發展。”
Mr. Pan Naiyue, Chief Executive Officer of Logistics Assets in China, said: "With the rapid development of e-commerce and domestic consumption in recent years, the demand in the core logistics market continues to be strong. This time we can attract world-class institutional investors in the real estate industry to lead Sheng as our partner, the group's strategy is a great affirmation. We are happy to deepen our cooperation with Sheng Sheng and strengthen the development of bilateral business through this cooperation. "
