Announced
Completed
Financials
Sources
Tags
Majority
Single Bidder
Private Equity
Real Estate Holding and Development
Acquisition
Australia
Private
Completed
real estate development
Friendly
Synopsis
Investment companies ARA Asset Management and Warburg Pincus completed the acquisition of LOGOS Group, a vertically integrated logistics property specialist with operations in Australia, China, India, Indonesia and Singapore. Financial terms were not disclosed. "This acquisition marks an exciting milestone for both ARA and LOGOS and we both look forward to expanding our logistics platform in Asia Pacific. LOGOS is one of the largest and fastest growing logistics real estate players in the region with a strong track record and its fund products are highly complementary to those of ARA. We will be able to offer our investors a comprehensive set of investment vehicles across the risk spectrum to meet their investment needs in the logistics real estate space via the new platform," John Lim, ARA Group CEO.
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