SF REIT Asset Management has named Alan Lam Chung Chi as its next Executive Director and Chief Executive Officer. Currently serving as Deputy CEO, Mr Lam will take over the leadership role following the annual general meeting on 12 May 2026. He succeeds Hubert Chak, who is retiring after five years of service. Mr Lam brings extensive experience from the logistics property and financial sectors to the position.
ESR has successfully raised US$850 million in fresh equity capital from its existing shareholders. This major financial boost is intended to speed up the firm’s expansion within the logistics and data centre sectors across the Asia-Pacific region. The move follows a period of significant portfolio simplification, where the company raised over US$2 billion by selling non-core assets to focus on high-growth digital and supply chain infrastructure.
Global investment group La Caisse and Prologis, Inc. have formed a new joint venture, Prologis Logistics Investment Venture Europe (PLIVE). The partnership begins with a EUR 1 billion portfolio of logistics assets across five European nations. La Caisse will hold a 70 per cent stake in the venture, while Prologis acts as the operating partner. The deal focuses on long-term growth through the acquisition and development of high-quality industrial properties.
Incheon International Airport Corporation and UPS have officially opened the expanded Express Logistics Center following a 30 billion won investment. The project increases import cargo capacity from 27,000 tons to 190,000 tons per year. This development secures a more stable national supply chain and reinforces Incheon Airport as a leading logistics hub in Northeast Asia despite ongoing global supply chain volatility and regional instability in the Middle East.
Industrial developer SEGRO has reached an agreement with dermatology firm ISDIN to create a new 22,000 m² logistics hub in Martorelles, Barcelona. Scheduled for completion in late 2027, the facility is part of a brownfield regeneration project on a former industrial site. The hub will prioritise sustainability and employee wellbeing, aiming for top-tier environmental certifications and featuring advanced energy management systems to support ISDIN’s global expansion.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
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