Macquarie Group Says Unified Industrial to Acquire Boustead Projects' Real Estate Business, Plans Launch of Real Estate Platform
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Macquarie Group announced that Unified Industrial will acquire Boustead Projects' real estate business, forming a Pan-Asian logistics real estate platform called UIB. This platform, backed by Macquarie Asset Management, aims to target high-growth sectors like logistics and data centers, with an expected $3.5 billion in assets under management across Japan, China, Singapore, and Vietnam. The transaction's final close is subject to certain conditions.
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