LEGO made a net profit of US $10 million from selling its overseas warehouse in the US


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1151 commerce, LLC, an overseas subsidiary of LEGO Ergonomics Technology Co., Ltd., plans to sell its overseas warehouse in New Jersey to Cabot industrial value fund VI operating partner ship, L.P. Free service


The transaction price of this asset transaction is determined to be US $23 million through negotiation. Up to now, the original value of the underlying assets is US $12470186.66. By the end of January 2022, the depreciation has been accrued US $230352.07, with a net value of US $12239834.59.


The funds obtained from the sale of the underlying assets will be used to lease and build larger overseas warehouses, further improve the company's overseas warehousing and logistics system, and deepen the scale operation barriers of the company's cross-border e-commerce public overseas warehouse innovation service complex project. Free service


From 2013 to 2020, lege purchased seven overseas warehouses in the core hub port area of the United States, and from early 2019 to 2020, began to systematically plan and fully promote the innovative service complex project of lege's cross-border e-commerce public overseas warehouse. The project has developed well since its opening. By the end of 2021, in addition to the overseas warehouses and rental warehouses purchased by itself in the core hub port area of the United States, Lego also has overseas warehouses in Germany, Japan and other places, with a total of 15 warehouses worldwide, with a delivered area of 260000 square meters. In the first half of 2021, lege cross-border e-commerce public overseas warehouse innovation service complex project achieved an operating revenue of 68.1102 million yuan and a good profit.



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