ARA LOGOS Logistics Trust Management Limited, the manager of ARA LOGOS Logistics Trust, has announced the proposed acquisitions from LOGOS Property Group managed ventures, namely:
the acquisition of five logistics properties located in Brisbane, Australia, including a development asset, Corner Heron Drive and Curlew Street, Port of Brisbane, which will have an approximate purchase consideration of S$225.9 million ($165.92 million)
the fund investment in 49.5 percent interest in New LAIVS Trust and 40 percent interest in Oxford Property Fund (OP Fund), which have a combined portfolio of five logistics properties in New South Wales and Victoria, Australia, for a consideration amount of approximately S$178.5 million ($131.11 million)
“The proposed acquisitions and fund investments, which comprise a portfolio of prime logistics properties, will not only strengthen ALOG’s portfolio, but importantly provide further income and geographic diversificat
