APAC Logistics and Cove Residence

APAC Logistics and Cove Residencesn1peradmin882020-04-14T20:32:14+08:00

APAC Logistics Centre & Cove Residence is strategically placed to tap escalating demand for logistics and quality rental accommodation in the region.

The warehousing/logistics and residential projects also represent MPO’s first foray into mainland China.

In February 2014, Sniper Capital divested both projects for a combined price of US$64.7 million, generating a net profit of US$29 million.

Project Details

August 2008

Acquisition date

Investment / Development

Project type

February 2014

Divestment date

Zhuhai, China

Location

Warehousing & Logistics

Sector

1.5m sqft/139,350 sq m
Current status Exited

Est. gross floor area

Exited

Current status

MPO

Underlying fund

Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents for further details, including the risk factors, before investing. Investment returns not denominated in HKD/USD are exposed to exchange rate fluctuations. This web page is published by Sniper Capital Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.

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Project Description