ARA LOGOS Logistics Trust says it has acquired five logistics properties in Brisbane, Australia for a purchase consideration of some $225.9 million on Oct 26, making this the first acquisition for the trust since its rebranding.

See: Logos and ARA explain strategy, say they are a perfect fit

In the same announcement, ARA LOGOS said it has also acquired a fund investment which has a 49.5% interest in New LAIVS Trust (New LAIVS Fund) and 40.0% interest in Oxford Property Fund for a consideration of some $178.5 million.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook