Boustead Projects has established a private business trust, Boustead Industrial Fund, in Singapore on Dec 31, 2020.

The fund has an investment mandate to invest in, administer and manage certain investments in logistics, business parks and industrial properties, to achieve a stable flow of recurring income and capital growth for its unitholders.

The fund manager is Boustead Projects’ wholly-owned subsidiary Boustead Industrial Fund Management, the trustee of Boustead Industrial Fund is Perpetual (Asia) Limited.

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