Explosive growth in the GBA logistics property market! Reitar capitalizes on e-commerce service expansion

According to South China Morning Post, the logistics property market in the Greater Bay Area boomed in 2023 due to the expansion of Chinese e-commerce giants like Temu, Shein, AliExpress and TikTok Shop. They urgently need warehouses to keep up with their business.

Key cities like Guangzhou, Shenzhen, Dongguan, Foshan, and Huizhou dominated the warehouse demand in the region. Despite new supply, the market performed well with low vacancy rates.

This high demand has made logistics warehouses a top choice for investors. The Greater Bay Area’s production, procurement, and export advantages are driving the growth of cross-border e-commerce platforms, further fueling the need for warehouses.

Experts predict a balanced supply and demand in the Chinese logistics warehouse market in 2024. With its strategic location, the Greater Bay Area continues to attract investors’ attention.
Don’t miss out on this opportunity!
Reitar Logtech offers a comprehensive solution for investors, operators, and tenants. They leverage Hong Kong’s advantages as the primary sorting warehouse and surrounding cities as secondary warehouses, optimizing e-commerce expansion.

For instance, Cainiao, a logistics giant, is also seizing the chance by establishing the “Cainiao smart gateway” in Hong Kong and expanding in Dongguan and Hong Kong, the logistics super hubs.

Reitar Logtech’s concept harnesses the geographical advantages, cost-effectiveness, and the expansion of cross-border e-commerce platforms in the Bay Area to maximize supply chain benefits.

Learn more about Reitar’s Bay Area development:www.reitar.io/zh/greater-bay-alliance/
Source:South China Morning Post

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