Report on China Yiwu Logistics Industry Expo 2017

1, China's high standard warehousing new and stock replacement demand is strong, but the supply is seriously deficient

In the entire real estate stock hold domain, the logistics estate is in the fine molecule industry the demand and the supply relations most healthy plate. Released in February 28th of 17 of the depth of the real estate industry report "Chinese logistics logistics real estate demand" from the perspective of American experience is analyzed in detail to promote the core factor in the rapid growth of logistics real estate, it is found that the nature of industrial logistics or logistics warehousing for the high grade consumer demand because improve logistics efficiency and reduce logistics cost of the internal demand.

From our country's logistics industry, the overall low logistics efficiency, high logistics costs, logistics costs accounted for the proportion of GDP is much higher than that of the developed countries, in promoting China's social logistics to improve the efficiency and to reduce the demands of the industry, the incremental and stock replacement demand for space.

From the downstream demand side, at present, China's high standard logistics warehousing demand side mainly includes high-end manufacturing, traditional retail, electricity supplier and the third party logistics. Of course, different demand side for the geographical location and rent of different trade-offs, there are some differences in the distribution. The electricity supplier and the third party logistics have higher requirements for distance and convenient transportation of the core city distance (more close to the terminal consumers), and the rent of low sensitivity, so in the choice of logistics warehousing select large city traffic convenient location or distance of the core city near the satellite city. Retail and manufacturing customers are relatively low in location and transportation convenience, and are sensitive to rents, so manufacturing will choose the core cities in Central China and southwest china.

2, high standard warehousing investment return rate is higher, to provide support for subsequent project exit

In the overall state of supply, logistics and warehousing facilities in our country the low vacancy rate, and rents showing steady growth year by year, DTZ data show that China's logistics real estate rent from 2011 25.6 yuan / m2 increased to 15 years of 30.2 yuan / square meters, the average annual compound growth rate of about 4%.

From the point of view of investment returns, high standard logistics and warehousing facilities yield was significantly higher than other types of commercial real estate, at present our country first-tier cities logistics real estate yields in 6.5%-7%, and office buildings and shopping center yields only 4%-5.5%. In addition, the city, although the satellite city of logistics real estate absolute rent level is lower than the first and the second part of the ring first-tier cities, but considering the cost of land is relatively low, therefore, from the yield point of view, the pattern of supply and demand better second line and ring satellite city logistics real estate returns is higher. That rate is higher than other property holders is the essential reason of logistics real estate in recent years has been the capital of concern, and for logistics warehouse operators to provide support from back-end development funds, closed to help open up the logistics real estate.