Guidance in the News

14 March 2016 Guidance Investments buys 4 properties in Asean markets under its logistics fund

by: Liz Lee

14 March 2016, DealStreetAsia | Guidance Investments, part of Guidance Financial Group, has acquired four more properties in key Southeast Asian markets, as part of its Guidance Southeast Asian Real Estate Partners LP fund.

Launched in 2013, it is Southeast Asia’s first fund focused on the logistics and industrial sectors in Malaysia, Singapore, Thailand and Indonesia.

The four properties acquired are warehouses and distribution centers in Malaysia, Indonesia and Thailand, located close to transport hubs and highway networks.

They also cover a total net area of approximately 100,000 square meters, with an investment of $50 million, Guidance Investments said in a statement.

The fund targets to return an average of 6 to 7 per cent per annum over seven years.

Guidance Investments completed the fund’s first closure in Q4 2015 at $100 million, putting the fund in a strong position to hit its next target closure of $150 million to $200 million in 2016 and an additional offering of $200 million in 2017.

The fund’s investors in its initial closing included government-related institutions in Southeast Asia and the Gulf region.

The structure of the fund is designed to offer investors a stable stream of returns realized from annual rental income, in addition to benefiting from the increasing value of the properties over time and general economic growth in these markets.

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