The fund is an unlisted property trust investing in prime industrial assets throughout Hong Kong. It is focused on providing investors and customers with both a geographically and functionally diverse portfolio concentrating on logistics and warehousing properties. It is jointly run by integrated property developer Goodman and the Macquarie Group, both based in Australia.
The capital raising for the fund will pay for a 50% stake in the Strategic Interlink and Seaview development projects, purchased jointly from Goodman and Macquarie for HK$900 million and to fund its share of development costs...
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