Keppel’s China logistics property fund partners BLOGIS to acquire its first asset, located in Wuhan
Keppel’s China logistics property fund partners BLOGIS to acquire its first asset, located in Wuhan
  Investments  |  Economy  |  Industrial / Warehousing  |  International

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

The Wuhan warehouse spans 70,000 sqm and serves e-commerce, third-party logistics and cold-chain sectors.
Share Copy Link
RE+D magazine
05.01.2023
Keppel Capital Holdings Pte. Ltd. (Keppel Capital), through its China logistics property fund (the Fund), has partnered BLOGIS Holdings Limited (BLOGIS), a leading developer and operator of logistic parks in China, to acquire the Fund’s first asset, a grade-A high-standard warehouse, located in Dongxihu, Wuhan, China.

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. 

LOGISTICS ΚΙΝΑ