Property News · April 27, 2026

Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets


Alibaba Group Holding gained approval from the Hong Kong stock exchange to proceed with a proposed spin-off of a warehouse park in mainland China, two years after the tech giant withdrew the listing plan of its logistics arm Cainiao.
The e-commerce giant said it could separate an infrastructure real estate investment trust (Reit) and list it on the Shenzhen Stock Exchange, with the underlying asset being the Jiaxing Park, a logistics and warehousing infrastructure hub in eastern China’s Zhejiang…

Source : South China Morning Post
Read more…Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets