PETALING JAYA: The Sime Darby Property Bhd
(SimeProp) and LOGOS SE Asia Pte Ltd joint venture (JV) has announced that it has secured preliminary commitments of 50% for the first close of its inaugural industrial development fund at US$250mil (RM1.06bil).
In a statement, it said it will focus on investing and developing high-quality industrial and logistics real estate assets in Bandar Bukit Raja in Klang, Selangor.
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