trending Market Intelligence /marketintelligence/en/news-insights/trending/flqzf7npyenvuzvbqhojua2 content esgSubNav
In This List

LOGOS pays A$72.4M for Sydney industrial asset

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


LOGOS pays A$72.4M for Sydney industrial asset

Australian logistics real estate company LOGOS Property Pty Ltd. purchased a 4.4-hectare industrial warehouse site in Sydney from a syndicate of 22 private owners for A$72.4 million, The Australian Financial Review reported.

The site at 2-6 Moore St. in the Banksmeadow suburb was acquired in an off-market deal that closed just before 2017-end, according to the report. The asset, leased to packaging company Orora, previously changed hands in 2008 for A$26.2 million.

The publication noted that it was unclear whether the site was acquired for the company's new A$500 million LOGIS Australia Logistics Portfolio fund.