CapitaLand China Trust (“CLCT”) (SGX:AU8U) used to focus on retail properties and malls in China but has expanded its mandate in 2020 to include office and industrial assets, including business parks, logistic facilities, data centres and integrated development.   Last month, CLCT proposed to acquire a portfolio of four prime logistic assets in China’s key logistic hubs of Shanghai, Kunshan, Wuhan and Chengdu.  The portfolio of four high-quality modern logistics properties has a total gross floor area (GFA) of 265,259 sqm with a committed occupancy of 96.3% and weighted average lease expiry (WALE) of 2.1 years as at Aug 31, 2021.  (Source: Company presentation slides) These properties are located near transportation nodes such as seaports, airports and railways, which serve the growing domestic logistical needs in China’s eastern, central and southwest regions.  Major tenants are involved in logistics and warehouses to distribute goods from coastal cities to inner cities, as...