ARA Logos Completes Divestment of Kidman Park
June 1, 2021 – ARA LOGOS Logistics Trust announced that the divestment of Kidman Park located at 404-450 Findon Road, Kidman Park, South Australia, Australia, has been completed.
Pursuant to the Sale and Purchase Agreement, the Purchaser is able to nominate a new purchaser and, in this regard, the Purchaser has nominated Fairland Group Pty Ltd.
Following this divestment, ALOG owns 10 properties in Singapore, 20 properties in Australia and 49.5% and 40.0% stakes in the New LAIVS Trust and Oxford Property Fund respectively.
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