NEW YORK, Sept 27 (Bernama-BUSINESS WIRE) — Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that certain of its associated investment vehicles have formed a strategic investment partnership with Equalbase, an integrated development and management platform focused on the logistics sector across Asia Pacific led by a team with more than 40 years of industry experience.
The partnership will facilitate investment in the development of high-quality logistics projects throughout Asia Pacific and accelerate the growth of the Equalbase platform as a leading sustainable developer and specialist manager in the region. The initial focus of the investment program will be in South Korea and Malaysia, both fast growing logistics markets in which Equalbase has an existing operating presence and track record of developing large scale logistics projects. Equalbase has identified an attractive pipeline of potential modern logistics projects in the region, including a seed project located in the greater Seoul area currently controlled by Equalbase’s sponsor.