LOGOS

It will be DSV’s largest facility in Singapore upon its completion in 2025.

The initial raising was led by LOGOS on behalf of ESR Group.

The ESR Cayman-ARA Asset Management amalgamation is poised to benefit from the New Economy and increasing financialisation

ARA set to raise stake in LOGOS ahead of merger with ESR Cayman as EGM is set for Nov 3

Upon completion of the subscription, the shareholders of GVL and LOGOS will also enter into a shareholders’ agreement.

While good first quarter and partnership with Logos are cause for optimism, analysts are holding back due to Covid-19 uncertainty.

The manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 0.997 cents for 1Q2020 ended March. This is down 34.1% from 1Q2019’s DPU of 1.513 cents.

Both Chia and Hawkins acknowledge there has been a slowdown due to the coronavirus but say it is too soon to gauge the impact on their properties in Singapore and the region.

SINGAPORE (Dec 12): ARA Asset Management will partner integrated logistics property specialist Logos Group to establish a logistics real estate development and investment management partnership in the Asia Pacific region. 

SINGAPORE (March 13): Canada's two biggest pension funds have agreed to partner with LOGOS, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle cla