Logos Aims to Double $400 Million Indonesian Logistics Platform
- MAN Real Estate
- May 1, 2019
- 1 min read
Updated: Jul 10, 2019
Published May 1, 2019
Two years after launching its U$400m (€356m) Indonesian platform with two Canadian institutions, pan-Asian logistics specialist Logos is set to double the size of the venture.
The platform was established in March 2017 with support from Canada Pension Plan Investment Board (CPPIB) and Ivanhoé Cambridge.
Stephen Hawkins, Logos Southeast Asia’s managing director, told IPE Real Assets that Logos and its partners were planning to increase their investment to tap strong demand for state-of-the-art logistics facilities.
“We are working with our investors to commit more capital for the venture. Our intention is to raise sufficient funding to deploy over the next 3 years.”
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