{"id":353875,"date":"2023-06-28T20:05:48","date_gmt":"2023-06-28T12:05:48","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=353875"},"modified":"2023-06-30T12:23:18","modified_gmt":"2023-06-30T04:23:18","slug":"glp-heitman-jll-and-bei-talk-hong-kong-industrial","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/","title":{"rendered":"GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Industrial Panel - MTD Hong Kong Forum\" src=\"https:\/\/player.vimeo.com\/video\/840731422?title=0&amp;byline=0&amp;portrait=0&amp;speed=0&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" width=\"780\" height=\"439\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe>Hong Kong&#8217;s ageing industrial stock is creating opportunities for developers and fund managers ready to create modern warehouses, cold chain facilities and self-storage ventures, according to senior executives speaking at an industry forum in the city on Tuesday.<\/p>\n<p>\u201cSome of the existing stock, whether it is ambient warehouse or cold storage, were (a product of) conversion from aged or old factory buildings. The ceiling height, the vertical circulation, the number of loading bays are all inadequate for modern logistics use but we just had to make do,\u201d Ricky Tse, senior vice president for investment management at GLP Capital Partners, told the audience at Mingtiandi\u2019s Hong Kong Focus Forum, indicating that the challenges of using these aging facilities opens the door for those able to provide more efficient alternatives.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N6563.3378992MINGTIANDI\/B30546704.375324595;dc_trk_aid=566156183;dc_trk_cid=192150727;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=;dc_tdv=1\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Copy of APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real Estate\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><script language='JavaScript1.1' src=\"https:\/\/ad.doubleclick.net\/ddm\/trackimpj\/N6563.3378992MINGTIANDI\/B30546704.375324595;dc_trk_aid=566156183;dc_trk_cid=192150727;ord=+ Date.now();dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=${GDPR};gdpr_consent=${GDPR_CONSENT_755};ltd=;dc_tdv=1?\" attributionsrc ><\/script><\/p>\n<p>\u201cThere&#8217;s a lot of potential in this space in Hong Kong, and hopefully, there are opportunities for GLP to participate in some of those,\u201d Tse added.<\/p>\n<p>Speaking at the same forum, which was sponsored by Yardi, Christopher Young, a senior director with JLL\u2019s Asia Pacific capital markets team, said that with only around a quarter of the city\u2019s industrial space meeting the requirements of top tenants, there are opportunities for investors able to offer higher grade facilities in Hong Kong.<\/p>\n<h3>Making a Difference<\/h3>\n<p>Citing JLL research data, Young said that of the city\u2019s 200 million square foot stock of industrial space, only about 55 million square feet (5.1 million square metres) can be considered prime warehouses.<\/p>\n<div id=\"attachment_353901\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-353901\" class=\"wp-image-353901 size-full\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2609-1.jpg\" alt=\"Ricky Tse of GLP Capital Partners\" width=\"780\" height=\"584\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2609-1.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2609-1-400x299.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2609-1-640x479.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><p id=\"caption-attachment-353901\" class=\"wp-caption-text\">Ricky Tse of GLP Capital Partners<\/p><\/div>\n<p>\u201cA lot of the stock is actually not quite fit or the specs are not suitable for today&#8217;s modern needs of tenants and operators,\u201d he said. \u201cI think there are some ways to try to repurpose it, whether it is doing renovations structurally, or demolishing it and redeveloping it into something more modern.\u201d<\/p>\n<p>For US real estate fund manager Heitman, which a year ago embarked on a cold storage conversion play with its <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/finance\/heitman-buys-hong-kong-industrial-asset-from-new-world-heir-for-reported-57m\/\">purchase of the New China Laundry building in Fanling<\/a>, effective value-add strategies allow the company to enhance returns on investments in one of Asia\u2019s priciest cities, according to Brad Fu, its head of acquisitions for Asia Pacific.<\/p>\n<p>\u201cWe are trying to find the highest and best use for each of the locations and assets and that is being driven because of the higher capital values that we&#8217;re seeing in Hong Kong,\u201d Fu told the audience of nearly 200 real estate professionals. \u201cIt&#8217;s the higher land costs in Hong Kong that drives us to put in more thought into our process and on business plan execution that extends beyond the traditional warehouse.\u201d<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>Fu said some of Heitman\u2019s self-storage investments in Hong Kong have yielded net per square foot rents which are on par with rates at premium grade offices in the city, which he attributed to effective management.<\/p>\n<p>Landlords also have to consider factors including demographics and the potential for deploying more efficient technology when upgrading warehouses to meet rising demand in the city, said Collin Lau, founder and chief executive officer of property and alternative investment firm BEI Group.<\/p>\n<p>\u201cYou need to think through how you actually add value to make a difference. In fact, you&#8217;re trying to compete with yourself because you&#8217;re trying to increase the efficiency of your supply chain,\u201d Lau said.<\/p>\n<h3>Covering Hong Kong<\/h3>\n<p>The industrial panel was one of eight separate discussions at Mingtiandi\u2019s inaugural Hong Kong Focus Forum, which kicked off with <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/apg-link-cw-and-wework-lead-off-hk-event\/\">a keynote panel<\/a> featuring top executives from APG Asset Management, Link REIT, WeWork and Cushman &amp; Wakefield.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-1820897820\"><a data-no-instant=\"1\" href=\"https:\/\/www.yardi.asia\/Resource\/?resource=Technology+Transformation+in+Asian+Real+Estate+%28White+Paper%29&#038;utm_source=mingtiandi&#038;utm_medium=website&#038;utm_campaign=wp23ttare\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Yardi &#8211; Asia Proptech Report 2023 v3_250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/Yardi-Asia-Proptech-Report-2023-v3_250.gif\" alt=\"\"  width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>The full-day event also hosted exclusive interviews with <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/pags-weijian-shan-shares-insights-on-asia-pe\/\">PAG co-founder and chairman Weijian Shan<\/a>, as well as with Ellen Ng, managing director and head of China real estate for Warburg Pincus.\u00a0Following the on-location conference, MIngtiandi will be holding its <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-apac-data-centre-forum-2023\/\">fourth annual data centre forum<\/a> via our MTD TV video platform in September, before returning to the physical stage in November for our second <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-singapore-focus-forum-2023\/\">Singapore Focus Forum<\/a>.<\/p>\n<h3>Panel in Pictures<\/h3>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 25%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\\\/\"}' id='gallery-1' class='gallery galleryid-353875 gallery-columns-4 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2681\/'><img decoding=\"async\" data-attachment-id=\"354072\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Brad Fu Heitman\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Brad Fu Heitman\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2681-e1688098464462-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2679-2\/'><img decoding=\"async\" data-attachment-id=\"354071\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Brad Fu Heitman\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Brad Fu Heitman\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2679-1-e1688098446652-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2647\/'><img decoding=\"async\" data-attachment-id=\"354067\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Ricky Tse GLP\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Ricky Tse GLP\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2647-e1688098399492-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2649-2\/'><img decoding=\"async\" data-attachment-id=\"354068\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Ricky Tse GLP\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Ricky Tse GLP\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2649-1-e1688098409507-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2559-2\/'><img decoding=\"async\" data-attachment-id=\"354063\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Christopher Young JLL\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Christopher Young JLL\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2559-1-e1688098329316-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2657-2\/'><img decoding=\"async\" data-attachment-id=\"354069\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Christopher Young JLL\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Christopher Young JLL\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2657-1-e1688098421909-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2593\/'><img decoding=\"async\" data-attachment-id=\"354074\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2593-e1688098805353.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" 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data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Panel: Hong Kong&#8217;s Industrial Future\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933-400x267.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Panel: Hong Kong&#039;s Industrial Future\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2533-1-e1688098925933-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/attachment\/img_2718\/'><img decoding=\"async\" data-attachment-id=\"354073\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495.jpg\" data-orig-size=\"780,520\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Panel: Hong Kong&#8217;s Industrial Future\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495-400x267.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Panel: Hong Kong&#039;s Industrial Future\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_2718-e1688098944495-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong&#8217;s ageing industrial stock is creating opportunities for developers and fund managers ready to create modern warehouses, cold chain facilities and self-storage ventures, according to senior executives speaking at an industry forum in the city on Tuesday.<\/p>\n<p>\u201cSome of&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/glp-heitman-jll-and-bei-talk-hong-kong-industrial\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":12201,"featured_media":353901,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[9216,5382,294,6140,694,9071,1671,8380,8400],"ppma_author":[8848],"authors":[{"term_id":8848,"user_id":12201,"is_guest":0,"slug":"beatrice-laforga","display_name":"Beatrice Laforga","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d4be689d8f5a82939d685df6ef171fcb?s=96&d=mm&r=g","user_url":"","last_name":"Laforga","first_name":"Beatrice","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/353875"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/12201"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=353875"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/353875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/353901"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=353875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=353875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=353875"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=353875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}