LaSalle commences construction on five new logistics parks in China

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Real estate investment manager LaSalle Investment Management has commenced construction on five new logistics developments in China, according to a statement.

The five logistics parks, located in Shanghai Qingpu, Suzhou, Jiaxing, Chongqing and Xi’an in China, are expected to deliver leasable gross floor area (GFA) of 359,000 sq m upon completion in early 2020.

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