Announced
Financials
Sources
Tags
Malaysia
Majority
real estate
Private
Pending
Cross Border
Acquisition
Single Bidder
Friendly
Real Estate Holding and Development
Synopsis
Logos Group, a logistics property group, agreed to acquire a 60% stake in Global Vision Logistics, a realty firm, from Aspen Group, an integrated design-build firm, for $73m. "We are pleased to have Logos as a partner for the project. The logistics and warehousing industry is one of the fastest-growing industries due to the rise in demand from e-commerce business," Dato Murly, Aspen Group President and CEO.
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