Announced
Synopsis
NWS Holdings, an investment holding company, agreed to acquire six premium logistics properties in Chengdu and Wuhan from Goodman, a property developer, for $350m. “The croup is proactively integrating into the national development. The development of the logistics industry is underpinned by supportive government policies. It is also benefiting from the thriving e-commerce and the fast-developing multimodal transportation, further bolstering its market demand. The Group is therefore confident about the outlook of the industry in the Mainland and Hong Kong, and we are committed to expanding our business in this field," Eric Ma, NWS CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.