05 Jan 2023

Keppel’s China logistics property fund partners BLOGIS to acquire its first asset, located in Wuhan

  • RE+D Magazine

Managed by Keppel Capital China (SG) Pte. Ltd. (Keppel Capital China), the Fund, together with BLOGIS, has committed to a combined asset under management of approximately RMB 3,200 million (approximately S$634 million). 

Launched in 2021, the Fund aims to invest in and develop high-quality logistics assets in key logistics hubs in China, together with its local partner BLOGIS. 

The Wuhan warehouse spans 70,000 sqm and serves e-commerce, third-party logistics and cold-chain sectors. 

Following the acquisition of the Wuhan warehouse, the Fund and BLOGIS will jointly continue to invest in a pipeline of investment opportunities in key logistics markets, such as Yangtze River Delta, Beijing-Tianjin-Hebei region and other logistics hubs. 




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