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Archive for May 29th, 2012

World’s Largest Trade Show

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“Encouraging Growth at a Difficult Time”

GUANGZHOU, China, May 28, 2012 /PRNewswire-Asia/ — Difficult financial and job market conditions in Europe and the United States have impacted on trade at the 111thCanton Fair, the world’s largest trade show held in China concluded early this May, although the slowdown was far less than many had expected.

The event still managed to post some record-breaking figures: as of May 4th, 210,000 buyers from 213 countries and regions had attended, up 0.23% and 1.23% from the 110th and 109th sessions in 2011 respectively.

Troubling times in the US and Europe were reflected in the total value of export deals concluded at the Fair. These fell 2.3% year-on-year to US$36.03 billion, down 4.8% from last year’s autumn session. The trade volume of the US and Europe was down 8.1% and 5.6% respectively.

On a positive note the number of export deals concluded with companies based in emerging markets – such as India, Brazil and Russia – displayed an encouraging 4.1% increase. The volume of trade with African countries also rose sharply to 13.5%. These figures illustrate the rising of emerging market as new stars of the world, and Canton Fair, being one of the most influential trade events in global import and export, offers business opportunities for growth even at a difficult time.

The experience of those who visited the Fair was also overwhelmingly positive.

“This is my first time to be in the Canton Fair,” said Kristrian Holmqvist, a buyer from a trading company in Finland.”It saved me a lot of time from going to many places to search for new suppliers. For the financial crisis around the world, it’s hard to say that it has specific effect on my business. But the Canton Fair does provide better ideas on doing trade business and make us to be more competitive.”

“I think the world economy is experiencing a recession, but it is a good time for us to develop,” said Hassan El Bizri from Brazil.

With the next installment of the Canton Fair set to kick off in October, event organizers look forward to extending a warm welcome to all international buyers. “Where there are people, there are business opportunities, and there is hope,” said one staff from the trade show.

For further information please visit: http://www.cantonfair.org.cn/en/index.asp

SOURCE﹛China Foreign Trade Centre (CFTC)

Written by asiafreshnews

May 29, 2012 at 2:49 pm

Posted in Uncategorized

Goodman Report Sees Significant Logistics Opportunity from the Rapid Global Growth in e-Retailing

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SYDNEY, May 22, 2012 /PRNewswire-Asia/ — An e-retailing research report commissioned by Goodman Group (Goodman) has highlighted that online shopping now accounts for almost a fifth of all purchases in developed markets and is growing between 15% and 20% per annum. The growth rate in developing economies is far higher, with China for example currently experiencing around 75% growth a year.

The comprehensive research report on the global online shopping market was conducted by Transport Intelligence, one of the leading providers of research on the global logistics industry, and focused on the key areas of:

+ Take-up rates and popularity of online shopping around the world; + The impact of the growth in e-retailing on logistics operations in developed and developing markets; + The warehousing requirements and operations of some of the main e-retailing players; and + Factors that will play a role in the growth of the industry.

Highlights from the study are today being published in a White Paper entitled ‘Logistics of Online Shopping – Where the Real Opportunities Lie’. Containing the latest stats and insights gained from canvassing the opinions of e-retailers, logistics companies and developers, the report provides the most comprehensive overview of the sector of its kind. The White Paper is available on Goodman’s website, click here ( http://www.goodman.com/~/media/Files/Sites/Global/about%20us/TI%20Goodman%20White%20Paper%20May%202012%20-%20final.pdf ) to view.

The report showed that at a time when retail sales in many markets have been sluggish, internet retailing has grown rapidly and this shift in consumer attitude has brought enormous benefits to the global logistics market. With growth in excess of 10% per annum in developed economies and more than 30% per annum in many less developed areas, e-retailing is at present in the rapid growth phase, with little sign of leveling off, the report said.

In line with the rapid growth in e-retailing around the world, it has been estimated that the global e-commerce market could be valued as much as US$1 trillion in 2013 and up to US$1.4 trillion by 2015.

In developed markets, the US is currently the largest e-retailing market in the world, with 170 million users spending on average US$1,000 each per annum and according to Forrester Research is estimated to grow to approximately US$279 billion by 2015. Similarly, Europe which is growing at around 16% a year is estimated to be valued at over US$184 billion by 2015.

This compares with emerging markets such as China, which currently has more than 150 million users, each spending on average US$200 to US$250 a year. The increasing number of middle class Chinese, with rising incomes and greater demand for western goods is seen as the main driver for China becoming a major e-commerce market, which Boston Consulting Group has estimated to be worth around US$305 billion by 2015.

Goodman’s Group CEO, Mr Greg Goodman said, “The research has enabled us to better understand the key drivers in the e-retailing market globally and the trends that are shaping the industry, including logistics operators. What is very apparent is that there is no ‘one size fits all’ approach to optimising distribution efficiency, with e-retailers in different markets adopting very different fulfilment and distribution strategies.”

To highlight this point, in China for example, the lack of infrastructure and limited provision of logistics are key factors as they have not kept pace with the growth in e-retailing, and service gaps are widespread, the report said. Logistics costs in China are in excess of 20% of GDP, more than double that in Europe, and outside of the major cities logistics offerings are almost non-existent. This has led to e-retailers developing a far wider network of facilities, aiming to get ‘closer to the customer’.

By contrast, in developed regions where logistics infrastructure is relatively sophisticated, geographic factors determine the distribution strategies that e-retailers are adopting, ranging from overnight delivery from a single distribution point, to utilising multiple distribution points and duplicating main inventory lines. This highly fragmented situation has led to e-retailers developing their own fulfilment centres rather than relying on logistics operators, and dedicated purpose built facilities are being increasingly demanded.

“The report’s findings confirm that there is strong demand for high quality, built-to-suit warehousing solutions amid the rapid growth in this sector. This presents a range of opportunities for property groups like Goodman, who understand local market dynamics and have the specialist expertise and experience to respond to the specific property needs of individual e-retailers and third party logistics providers,” Mr Goodman added.

As one of the largest global industrial property groups, Goodman has world-class expertise in developing tailored logistics and warehousing solutions, and is a leader in meeting the unique requirements of its e-retailing and logistics customers. To illustrate this, Goodman has delivered more than 581,000 sqm of new warehouse space across nine facilities for Amazon in Europe alone, with a further 225,000 sqm currently being developed across two projects in Germany.

Goodman also recently announced the development of a new 42,410 sqm built-to-suit facility in Tianjin, China for Moonbasa, a major online retailer of ladies fashion and accessories.

“The continued rapid growth in e-retailing is a real game changer for our business. We have undertaken a number of developments for the e-retailing sector over the last two to three years which is reflected across our portfolio, making it one of our largest customer groups,” Mr Goodman concluded.

About Goodman

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe and the United Kingdom. Goodman Group, comprised of the stapled entities Goodman International Limited and Goodman Industrial Trust, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.

Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

For further information, please contact Goodman:

Mathew Werner Group Corporate Communications Manager Tel +61-2-9230-7159

SOURCE Goodman Group

Written by asiafreshnews

May 29, 2012 at 11:20 am

The First Investor Announces the First Closing of the TFI-Hines Brazil Income Real Estate Fund and Makes a Strategic Investment in the Iconic World Trade Centre Complex, Sao Paulo

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DOHA, Qatar, May 28, 2012 /PRNewswire-Asia/ — TFI-Hines Brazil Income Real Estate Fund announces its first seed acquisition by investing in the iconic World Trade Centre complex in Sao Paulo, Brazil. This investment represents the first closing of the Fund. The announcement was made by The First Investor (TFI), the investment banking division of Barwa Bank Group. Barwa Bank is also a cornerstone investor in the Fund, together with US based Hines International Real Estate Holdings.

Located in the heart of Sao Paulo, the World Trade Centre complex provides a unique service offering that includes office, retail, and hospitality components along with the largest convention center in South America all in a premier business location. TFI believes that the acquisition will greatly enhance the Fund’s profile. The Fund already boasts a strong pipeline of attractive investment opportunities.

Launched in March 2012, the TFI-Hines Brazil Income Real Estate Fund is the first Shari’ah compliant closed-end income generating fund in Brazil, offering investors substantial risk adjusted returns through high quality, proprietary real estate investment opportunities. The Fund has a target size of US$500 million and is expected to achieve a net leveraged IRR of 10.5% to 12.5% for investors. Furthermore, it targets to distribute an average annualized yield of 8% (quarterly distribution) on the invested capital over the life of the Fund.

Mohammed Al Saad, Vice Chairman of Barwa Bank Group, stated, “The World Trade Centre complex, Sao Paulo, possesses an extremely diversified and high-quality revenue stream which has huge upside potential due to the synergies amongst the different business components of the complex. The asset will provide an attractive, long term income stream to investors.”

The Fund has been structured to maximize returns to investors. Combining TFI and Hines resources and expertise, the Fund will source and acquire attractive real estate assets in Brazil. Mr. Al Saad went on to explain the background of this venture, “This represents the second collaboration between TFI and Hines. We are happy to give investors the opportunity to invest in a Shari’ah compliant manner in Brazilian real estate sector. I am confident that with TFI’s investment expertise and Hines knowledge of Brazilian real estate market, investors will be very satisfied with the expected results.”

Hines boasts a 14 year track record in Brazil, having set up its office in São Paulo in 1998. Since then, Hines has developed or acquired over 17 million square feet of property in cities in Brazil with an additional six million square feet in design or under construction.

Mr. David McGinnis, Chief Investment Officer for the Fund commented “The Fund will focus on high-quality assets in premium locations with limited competitive supply. The Fund will seek assets with high-quality tenant credit to ensure stable and predictable cash flows and promising expectation for capital appreciation.”

On this note, Mr. David Clarke, CEO, TFI went on to say: “The Fund offers unique opportunities for investors to benefit from the high growth economy in Brazil. it will offer an innovative product previously not available to the investors in the GCC and elsewhere. Mr. Clarke continued “With Brazil set to host the 2014 Football World Cup and 2016 Olympics, the timing of this launch could not be more compelling. These events will further enhance the economics of the country and will help the Fund to source even more attractive investment opportunities.”

About The First Investor (TFI)

TFI is a leading Shari’ah investment company in Qatar owned by Barwa Bank and regulated by the Qatar Central Bank. It is emerging as one of the most respected investment banking firms within the region, combining Qatari leadership with both international and local expertise to provide dedicated services in Investment Banking, Asset Management and Real Estate Investment. Through its strong international network of relationships and deep technical expertise, TFI provides a global approach in helping clients formulate, deliver and manage effective corporate strategies. Visit http://www.tfi.com.qa for more information

About Hines

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,126 properties representing more than 459 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 106 cities in 17 countries and controlled assets valued at approximately $23.7 billion, Hines is one of the largest real estate organizations in the world. Visit http://www.hines.com for more information.

Contacts
The Agency Public Relations
Aziz Louksah:(+974)5573-6001
Communications Director

SOURCE The First Investor (TFI)

Written by asiafreshnews

May 29, 2012 at 9:53 am

Posted in Uncategorized