Founded in 2010, LOGOS Property Group Ltd (“LOGOS”) is one of Asia Pacific’s leading logistics property groups with operations across Australia, China, Singapore, Indonesia, Korea, Malaysia, Vietnam, India and New Zealand. LOGOS Indonesia Logistics Venture L.P. (“Sponsor”) is a platform established by LOGOS under its Southeast Asian arm to develop and own high quality, modern warehouses in Indonesia.  The Sponsor has approximately US$280 million committed capital from its limited partners, namely, LILV Sponsor Investment Pte. Ltd. (subsidiary of LOGOS), Canada Pension Plan Investment Board and Ivanhoé Cambridge, the real estate subsidiary of Caisse de dépôt et placement du Québec.

Both Borrower 1 and Borrower 2 are 100% owned by the Sponsor.                                         

The total cost of the Project is estimated not to exceed approximately US$286 million. The proposed IFC senior loan facility will be allocated between Sub-Project 1 and Sub-Project 2 in proportion to estimated cost for undertaking Sub-Project 1 and Sub-Project 2, respectively.  The loan facility will comprise (i) an A loan of up to US$73 million for IFC’s own account, and (ii) a Trust Loan of up to US$ 47 million from IFC acting in its capacity as implementing entity for the Managed Co-Lending Portfolio Program.                                         

 The Project is located in Cikarang and Cibitung of West Java, Indonesia.