Listed pan-Asian life insurance group AIA Group has formed a partnership with investment manager to invest in the global logistics real estate industry and related opportunities.
Mark Konyn, AIA鈥檚 Group CIO, said: 鈥淎IA believes in the strong fundamentals that support the future development of the global logistics real estate market. The alliance is a core part of AIA鈥檚 growth strategy to create scalable relationships with world-class investment partners.
鈥淲e are very excited about partnering with GLP, which will allow AIA to acquire exposure in the growing and exciting logistics real estate industry.鈥�
The partnership is expected to help AIA 鈥漝iversify its investment portfolio and enhance returns鈥� for its customers and shareholders.
Craig Duffy, GLP鈥檚 managing director, fund management, said: 鈥淲e look forward to launching this significant investment partnership with AIA.
鈥淲e take a strategic and innovative approach to growth and value creation for our investment partners and believe we can deliver value to the partnership as experienced global investors and operators.鈥�
To read the digital edition of the latest 麻豆映画 Real Assets magazine click here.
