ARA LOGOS Logistics Trust ("ALOG") is a real estate investment trust ("REIT") that invests in quality income-producing real estate used for logistics purposes, as well as real estate-related assets, in Asia-Pacific.
Previously known as Cache Logistics Trust ("Cache"), the REIT was listed on the Mainboard of the Singapore Exchange Securities Trading Pte Ltd ("SGX-ST") on 12 April 2010 and has a market capitalisation of approximately S$616 million as at 30 June 2020.
On 5 March 2020, ARA Asset Management ("ARA") completed its acquisition of a majority stake in LOGOS Group ("LOGOS"), one of Asia Pacific’s largest and fastest growing logistics real estate players. LOGOS operates as ARA’s exclusive platform for logistics real estate assets globally. ARA will retain control of the Manager via its holdings in LOGOS and continue to grow ALOG to enhance long-term value for its unitholders.
As at 30 June 2020, ALOG's portfolio comprises 27 high quality logistics warehouse properties strategically located in established logistics clusters in Singapore and Australia. The portfolio has a total gross floor area of approximately 9.0 million square feet valued at approximately S$1.26 billion.
Updated: 27 Nov 2020 08:43
(10 mins delayed)
52 Weeks' Range
0.320 - 0.735
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