MALAYSIA: SDPLOG, the joint venture of property development company LOGOS and Sime Darby Property, has reached its targeted RM1 billion (US$212.1 million) in the final close of its Shariah compliant Industrial Development Fund.
The capital committed enables SDPLOG to continue to pursue the opportunity to develop industrial and logistics real estate in Malaysia that is certified with green building standards. The fund focuses on key logistics, e-commerce and cold-chain sectors.
