SINGAPORE (March 30): On Dec 12, about a week before news of the first patient with Covid-19 broke out in Wuhan, ARA Asset Management announced the transfer of the manager of Cache Logistics Trust to Logos. ARA subsequently announced that it had acquired a majority stake in Logos.

Logos is an unlisted developer and owner of logistics properties in Asia-Pacific. It has over 6 million sqm of property owned and under development with a completed value of A$10 billion, and it manages 88 logistics estates across the region, including development properties. 

Two of Logos’ founders, John Marsh and Stephen Hawkins, were former Goodman Group executives. “Logos is looking to actively grow its AUM,” says Hawkins in a recent interview. “We will work in our established markets and we will continue with investors to raise more funds.”

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