SDP, LOGOS Raises RM1 Billion For Its Industrial Development Fund

The Sime Darby Property Berhad and LOGOS SE Asia Pte. Ltd. joint venture has announced the successful close of its Industrial Development Fund of RM1bil Shariah-compliant Fund sponsored by both Sime Darby Property and LOGOS Property.

It also consists of five other limited partners, including local institutional investors such as Permodalan Nasional Berhad via unit trust funds under its management, Kumpulan Wang Persaraan (Diperbadankan), alongside Great Eastern Life Assurance (Malaysia) Berhad and sophisticated investors through TA Islamic Private Investment Fund.

The firm will be using the fund to focus on key logistics, e- commerce, and cold-chain sectors, aligning with global trade trends and supply chain advancements.

The Fund’s maiden project is the 177-acre E-Metro Logistics Park located within Sime Darby Property’s mature township of Bandar Bukit Raja, totalling 8 million sq. ft. of Gross Lettable Area (“GLA”) on completion. The development includes built-to-
specification and ready-built solutions for tenants to grow their businesses by expanding layout designs according to their commercial needs, including enhancements required for warehouse automation.

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