First Close of Shariah-compliant Fund with 70% in capital commitments for a fund size of up to US$250 million; Anchored by PNB and KWAP as First Close investors; Funding will be channelled into the development of sustainable, large-scale, integrated modern logistics assets with green building certification at its E-Metro Logistics Park in Bandar Bukit Raja,…
PETALING JAYA (April 11): The Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd announced that their joint venture (JV) company — SDPLOG — has successfully secured preliminary commitments of 50% for the first close of its inaugural Industrial Development Fund at US$250 million (RM1 billion). According to a press statement on Monday (April…
Source : The Edge The basis for competitive advantage in the industrial and logistics sector is rapidly evolving, with the exponential growth of e-commerce driving global demand for the sector. On the local front, a recent independent market research report by Statista shows that the total revenue from e-commerce in Malaysia will reach approximately US$10.95 billion…