Managed by Keppel Capital China (SG), the fund, together with BLOGIS, has committed to a combined asset under management (AUM) of approximately RMB3,200 million ($634 million).
Keppel Capital, through its China logistics property fund, has partnered Chinese logistic park developer and operator BLOGIS to acquire the fund’s first asset, a grade-A high-standard warehouse, located in Dongxihu, Wuhan, China.
The Wuhan warehouse spans 70,000 sq m and serves e-commerce, third-party logistics and coldchain sectors, according to a Jan 4 press release.
