To build or not to build: The real estate dilemma and the rapid rise of China’s cold chain industry

• Main Authors: LIM, Yun Fong, ANG, Marcus, KOH, Chaik Ming
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Asset Allocation; Distribution and Logistics Industry; corporate strategy; Real estate development; Warehousing Industry; operations and supply chain management; Operations and Supply Chain Management; Real Estate
• Online Access: https://ink.library.smu.edu.sg/cases_coll_all/461; https://smu.sharepoint.com/sites/admin/CMP/cases/SMU-23-BATCH%20%5BPDF-Pic%5D/SMU-23-0003%20%5BPJ%20Group%5D/SMU-23-0003%20%5BPJ%20Group%5D.pdf?CT=1684147360207&OR=ItemsView
• Institution: Singapore Management University

This case has been written to illustrate the pros and cons of asset-light and asset-heavy strategies. China has seen a rise in the use of asset-heavy strategies over the last few years, particularly with heavy asset users. By using financial tools such as sale and leaseback, fund management business...