Abu Dhabi Investment Authority Injects More into LOGOS Australian Logistics Venture
Posted on 03/14/2022
LOGOS is a logistics specialist with operations across Australia, China, Singapore, Indonesia, Malaysia, Vietnam, India and New Zealand. A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) made an additional equity commitment to its flagship LOGOS Australian Logistics Venture (LALV), providing investment capacity to grow the LALV portfolio to a Gross Asset Value of more than A$ 5 billion.
LALV was established by LOGOS and a wholly owned subsidiary of ADIA in November 2014. LALV’s primary strategy is to acquire and develop prime logistics assets in Australia.
LALV’s portfolio currently consists of nine, large multi-tenanted logistics estates with a total end value of A$ 3.7 billion, including a major stake in the recently acquired Qantas Sydney Airport Precinct.
ARA Asset Management Limited is a majority shareholder of LOGOS, which operates as ARA’s logistics real estate platform.