Global real estate: Logistics centres reach a new milestone
In February, Legal & General Investment Management (LGIM) invested more than £100 million (€117 million) in UK industrial real estate sites, citing investors’ enthusiasm for the sector as a result of Covid-19.
The firm is one of many worldwide seeking to increase exposure to industrial and logistics properties – a trend galvanised by the accelerated shift towards online retail during government-ordered lockdowns to combat the pandemic.
According to LGIM, the rise of e-commerce and a scarcity of “high-quality, well-located” industrial assets has created a significant supply-demand imbalance.
The main issue facing the logistics and industrial sector, aside from climate change, is this lack of assets, says Jonathan Holland, senior fund manager at LGIM Real Assets.
JLL names Asia Pacific Head of Logistics, Industrial and Supply Chain
Submitted
25/01/2021 - 10:32am
JLL has appointed Tom Woolhouse to the newly created role of Head of Logistics, Industrial and Supply Chain, Asia Pacific.
Based in Singapore, Woolhouse will be responsible for expanding and enhancing JLL Asia Pacific’s capabilities across the entire value chain of this strategically important sector. He will also serve as a member of JLL’s Global Industrials Board.
The appointment will allow JLL’s clients to unlock new opportunities and better capitalise on the huge growth potential in industrial and logistics real estate in Asia Pacific. The acceleration of existing trends across supply chains, retail and e-commerce have led to an increased demand for services related to this sector and an advisory model that operates across diverse business lines and geographies. According to JLL Research, over 80 per cent of investors expect to increase allocations into this secto
Mingtiandi
Username
Ken Sakuramoto joins JLL from Eastdil Secured
Global property consultancy JLL made a pair of leadership appointments in Asia in the past week, looking outward to hire Ken Sakuramoto as head of equity advisory for Japan and Radha Dhir as chief executive for India.
Based in Tokyo, Sakuramoto will take charge of expanding JLL’s international capital coverage, both inbound and outbound, and further developing the agency’s corporate finance capabilities in Japan. He comes to JLL from Eastdil Secured, a real estate investment bank, where he was managing director and head of Japan.
Sakuramoto’s primary focus will be major international and institutional client coverage for Japan, JLL said in a press release issued on 21 January. He will serve as part of JLL’s global and regional client programme and provide coverage to all international investors investing in or actively looking to invest in Japan, advising on local market practices, corporate structuring an
JLL names Tom Woolhouse Asia Pacific Head of Logistics, Industrial and Supply Chain Australia JLL names Tom Woolhouse Asia Pacific Head of Logistics, Industrial and Supply Chain
Newly created role reinforces long-term strategic importance of logistics and industrial sector and client demand for holistic occupier and investor services January 21, 2021
SINGAPORE, 21 January 2021 – JLL (NYSE: JLL) has appointed
Tom Woolhouse to the newly created role of Head of Logistics, Industrial and Supply Chain, Asia Pacific. Based in Singapore, Woolhouse will be responsible for expanding and enhancing JLL Asia Pacific’s capabilities across the entire value chain of this strategically important sector. He will also serve as a member of JLL’s Global Industrials Board.