APAC Logistics Centre & Cove Residence
Located in Zhuhai, China, just minutes away from the Macau border, this 1.1 million square foot site is being developed into warehouse facilities and accommodation for local workers. With world-class hotels and casinos of the Cotai Strip close by, the site is ideally positioned to serve the growing needs of the gaming, tourist and retail industries in Macau. It also has excellent access to deep water harbours, airports and planned railway connections. The development of the Hong Kong-Zhuhai-Macau bridge will also improve the site’s accessibility and strategic importance.
View Website:  www.apaclogistics.com
Total Commitment*US$45 million
Acquisition CostUS$11 million
Projected Development CostUS$34 million
Acquisition DateAugust 2008
Estimated Completion Date2012/2013
Project TypeWarehousing/logistics and residential
 
LocationZhuhai, China
SectorWarehousing & logistics
Est. Gross Floor Area1.5m sq.ft. / 139,350 sq.m.
Current StatusLeasing and under construction
Underlying FundMPO
*Total Commitment = Acquisition cost & projected development cost