APAC Logistics & Industrial Capability Statement

TRACK RECORD

DOLE

SANDVIK

CENTRAL INDUSTRIAL BUILDING

Location

Location

Weiyang District, Xi’an City, China

Jiading District, Shanghai, China

Location

Kwai Chung, Hong Kong

Service

Service

Sale

Sale

Service

Site acquisition & property valuation

Date

2022

Date

2023

Date

2021

Land area: 1,118,349 SF Building area: 433,042 SF

Land area: 215,276 SF Building area: 155,574 SF

Value

24,336 SF (site area)

Size

Size

Successfully assisted Dole to complete the project evaluation and asset disposal of Dole Fengdong Industrial Park and provided a series of services such as buyer search, market promotion, price strategy, transaction negotiation strategy, contract negotiation, etc., so as to maximize the value disposal of Dole Company's assets and production equipment.

Cushman & Wakefield was engaged by BDx in the lease acquisition of their third DC site in Hong Kong for business expansion. Following an extensive market search and thorough technical evaluation of several shortlisted building options, BDx decided to kick off the negotiation for pre leasing the major portion of a brand-new industrial building developed by Sino Land for data centre conversion. Following an intensive 18-month lease negotiation and legal documentation process, both BDx and Sino Land entered into a legally binding agreement prior to the occupation permit of the building. The transaction was the biggest of its kind in Hong Kong at the time.

Despite strong competition from various buyers and the tight completion time frame the seller aims to divest, our Capital Markets and Industrial & Logistics teams helped our client to secure the site and assured him the power supply for future data centre redevelopment. We successfully managed the seller’s price expectations even though the market was trending upwards. As a publicly listed data centre service provider, the client was required to undergo stringent and comprehensive due diligence process, our Hong Kong Valuation & Advisory team also completed a valuation report to meet client’s requirement.

TONY SU Head of Logistics & Industrial, China

JOHN SIU Managing Director, Hong Kong

MEI CHIANG Director, Tenant Advisory Group, Taiwan

CONTACTS

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