To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionStonepeak forms strategic logistics investment partnership with Equalbase
Stonepeak has formed a strategic investment partnership with Equalbase, an integrated development and management platform focused on the logistics sector across Asia Pacific led by a team with more than 40 years of industry experience.
The partnership will facilitate investment in the development of high-quality logistics projects throughout Asia Pacific, specifically in South Korea and Malaysia, both fast-growing logistics markets in which Equalbase has an existing operating presence. Equalbase has identified an attractive pipeline of potential modern logistics projects in the region, including a seed project in the greater Seoul area currently controlled by Equalbase’s sponsor.
“We believe the Asia Pacific region presents significant opportunities for investment in class A modern logistics assets as the market continues to exhibit favorable supply-demand dynamics and sustained structural tailwinds,” said Hajir Naghdy, Stonepeak senior managing director and