ARA LOGOS Logistics Trust Management Limited’s S$188.7 Million Funding Raising

ARA LOGOS Logistics Trust Management Limited's S$188.7 Million Funding Raising

Allen & Gledhill advised ARA LOGOS Logistics Trust Management Limited.

ARA LOGOS Logistics Trust Management Limited announced a S$188.7 million equity fund raising to partially finance the Proposed Acquisitions of five logistics properties located in Australia and Fund Investments.

The equity fund raising comprises of (i) a private placement of approximately S$50 million, (ii) subscription of new units by investors of up to approximately S$88.7 million and (iii) a pro rata and non-renounceable preferential offering of approximately S$50 million.

The Allen & Gledhill team included Managing Partner Jerry Koh (Picture) and Partner Teh Hoe Yue.

Involved fees earner: Teh Hoe Yue – Allen & Gledhill LLP; Jerry Koh – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: ARA LOGOS Logistics Trust Management Limited;

Sonia Carcano

Author: Sonia Carcano