ALOG's properties are strategically located near major expressways and ports in key logistics centres in Singapore and Australia. ALOG has a majority share of ramp-up warehouses in Singapore which enjoy modern and attractive technical specifications such as high floor loading, high ceiling heights and wide column spans. Ramp-up warehouse space in Singapore is limited due to high barriers to entry that exist for the development of new efficient ramp-up warehouses as specialised planning and design specifications are required for such properties.
As at 30 September 2021, the committed portfolio occupancy stood at 97.6% and the WALE (by gross rental income) was approximately 4.6 years.
The Manager has a professional team with extensive experience in fund and asset management in Singapore and regional logistics property markets, and brings with them diversity in terms of gender roles, nationalities and academic qualifications.
Strong Commitment from ARA and LOGOS
Operating as ARA’s exclusive global logistics real estate arm, LOGOS is one of Asia Pacific’s leading logistics property group with over 9.0 million sqm of property owned and under development, with a completed Assets Under Management of over US$17 billion, across 26 ventures, including ALOG.
Backed by ARA and LOGOS, ALOG will leverage on the following key benefits:
- Expansion opportunities and enlarged footprint
- An enlarged network in key and new high-growth markets
- Enhanced complementary capabilities and resources
- Provides extensive development expertise
- Increase attractiveness to a larger pool of institutional investors
Prudent Capital Management
Vital to our strategy and success thus far has been our continued emphasis on prudent capital and risk management. As at 30 September 2021, ALOG has a strong interest cover ratio of 3.6 times with a weighted average debt to maturity of 3.0 years.