Alpha Investment Partners, Manulife and Mega Manunggal Property launch Indonesian logistics property venture

Alpha Investment Partners, PT Asuransi Jiwa Manulife Indonesia (a subsidiary of Manulife Financial Corp.) and PT Mega Manunggal Property Tbk (MMP) have entered into a new venture which will focus on Indonesia’s fast-growing logistics property sector.

Alvin Mah, CEO of Alpha said, “With Indonesia’s growing middle-class population driving the rapid growth in consumption and e-commerce, coupled with the limited supply of modern logistics facilities in Jakarta, the Indonesian logistics property sector is seeing strong demand. We are very happy to partner with two industry leaders, Manulife and MMP, for this venture, which will allow us to capture opportunities arising from this evolving landscape, and to offer our venture partners exposure to the high growth potential of the logistics property sector in Southeast Asia’s largest economy. The successful formation of the venture during a period of unprecedented market uncertainty is testament to Alpha’s ability to seek out