LOGOS, Ivanhoe Cambridge and Bouwinvest have completed a first close to establish a new logistics development venture in China with an investor based in the Gulf Cooperation Council region for the development of high-quality logistics and industrial facilities in the key logistics markets servicing greater Beijing, Shanghai, Guangzhou and selected markets in the midwest of China. The establishment of the LOGOS China Logistics Venture 4 and its investment strategy build on the proven and successful strategies of LOGOS and Ivanhoe Cambridge’s previous three ventures in China.
The venture’s investment strategy is to develop a diversified portfolio of facilities targeted at third-party logistics and industrial tenants that service the growing domestic consumption and e-commerce markets. The venture will have more than $800 million in investment capacity from this first closing, and the investment program is set to commence when China’s market conditions stabilize following