Sime Darby Property-LOGOS JV announces first close of US$250mil fund


KUALA LUMPUR: Sime Darby Property Bhd (SDP) and LOGOS SE Asia Pte Ltd joint venture, SDPLOG has announced the first close of its inaugural Industrial Development Fund, with 70 per cent in capital commitments secured for a fund size of up to US$250 million.

The Shariah-compliant fund will be anchored by Permodalan Nasional Bhd and unit trust funds under

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Sime Darby Property , LOGOS , PNB , KWAP , logistics , sustainable

   

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