CBRE, Logos hit final close of China logistics fund at $786m

CBRE, Logos hit final close of China logistics fund at $786m

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

Real asset investment management firm CBRE Global Investors and Australian logistics developer Logos Group have reached the final close of their joint China-focused logistics fund at 5.5 billion yuan ($786 million), according to a joint announcement.