Experience Sustainable Shopping Comfort: Tung Tau Shopping Centre
- February 2, 2024
We are proud that our member, REITHUB has unveiled the latest Asset Enhancement project of Link REIT – Renovation Work at Tung Tau Market, which aims to convert the traditional market into a modern and carbon-neutral shopping centre.
REITHUB is delighted that M&E is designed to achieve carbon neutrality by offsetting the mall’s power consumption with solar power generated by the photovoltaic panels installed by Link REIT.
Alongside a comprehensive building renovation, and transformer upgrade for future EV chargers, this project combines human comfort, eco-friendly engineering, and shopping indulgence in one iconic location.
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Asset partners comprise capital investors and real estate providers with financial resources and physical logistics properties such as warehouses, logistics centers, and distribution centers. Both parties are driven by achieving long-term stable returns and asset appreciation, but they may need more experience in operating logistics assets.
With the increasing demand for online shopping, the logistics industry faces significant challenges and opportunities. To meet the growing needs, logistics operators must invest substantial funds in acquiring new logistics equipment, such as automation, intelligence, and digitization, to enhance operational efficiency and service levels. However, such investments can be a significant burden for many logistics operators.
Logistics technology solution providers such as Lonlink Smart Storage Solution, CoEvolution Technology and logistics facilities partners contribute significantly to the smart logistics ecosystem.
The PLT platform brings together assets and logistics technology (PLT), using assets as the core facilitated by technology. Reitar partners with SmartMore Logtech to utilize innovative logistics technology, "LogiBrains" operating an extensive logistics network.