Sydney-based LOGOS has established its first Vietnam venture with a global institutional investor for the development of modern, high-quality logistics facilities across the key markets of Greater Ho Chi Minh, Greater Hanoi and Greater Danang.
The LOGOS Vietnam Logistics Venture aims to establish an initial forecast portfolio of approximately $350 million by gross asset value.
The new venture is the fourth venture closed by LOGOS this year, with the group raising more than $1 billion throughout the region despite the current market disruptions. Through this venture, LOGOS and its investment partner aims to establish a modern, quality portfolio of logistics facilities to support local and international customers’ growth across Vietnam.
Trent Iliffe, LOGOS’ managing director and co-CEO, said, “Our move into Vietnam is an important step in our regional growth strategy driven by customers’ needs, and we are pleased to be partnering with a leading global inst
