China Warehouses

active

Carlyle has invited IFC to participate with an equity investment of up to $30 million in a dedicated co-investment vehicle to develop a modern warehouse platform Roma Holding Company Limited (the Platform). The IFC Asset Management Company is also considering a co-investment. The Platform will develop, build and operate between 10 and 15 warehouses in various cities across China. The warehouses will be built to modern efficient designs incorporating green building technology, and will be leased to third parties such as retail and logistics operators. These warehouses are typically single or double-story structures with a clear net height of up to 9m and with an average size of 110k square meter of total leasable area. All the warehouses are located in large population centers with easy access to major  transportation networks and in industrial parks with no or no large residential communities nearby. Two of the warehouses have already began construction with two others in pre-construction phase and the rest are still in pipeline. The targeted tenants of the warehouses are third party logistics providers, e-commerce companies, retailers, or manufacturers with light assembly activities onsite.