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Property

Asia logistics attracts billions as post-pandemic winner

Foreign funds rush to acquire distribution centers amid e-commerce boom

Chinese logistics centers, like this one in Nanjing, have become a hot commodity for yield-seeking investors.   © Reuters

TOKYO -- As China shakes off the economic impact of the coronavirus outbreak, investors have flocked to funds focused on logistics facilities there and elsewhere in Asia, anticipating that growth in e-commerce will drive strong demand even after the pandemic.

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