Asia real estate and outbound investment news
Australia’s biggest owner-operator of student housing, Scape, has converted its flagship purpose-built student accommodation vehicle into a A$6 billion ($3.8 billion) open-ended core fund with a 16,000-bed portfolio across 33 operational assets.
As part of the conversion, the fund has… Read More>>
The Teacher Retirement System of Texas committed $1.64 billion to private real estate funds in 2024, marking a 61 percent surge from the pension manager’s total commitment the year before.
The annual increase was due entirely to TRS’s December real… Read More>>
Data center operator Digital Edge announced on Monday that it has raised over $1.6 billion in equity and debt financing, with the capital earmarked for expanding its data center infrastructure in Asia.
The deal mix includes $640 million in equity… Read More>>
GLP Capital Partners on Friday announced the closing of its latest mainland China income fund with RMB 2.8 billion ($380 million) in assets under management.
China Income Fund XIII is a partnership with a leading global institutional investor, the asset… Read More>>
Nuveen has secured a $100 million commitment from South Korea’s Government Employees Pension Service for a US-focused private capital mandate.
GEPS selected Churchill Asset Management, a private equity arm of Chicago-based Nuveen, to oversee the investment, which aims to enhance… Read More>>
The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and Citadel boss Ken Griffin for an upsized Series B round to raise $1.2 billion in equity.
The new commitments from the SoftBank… Read More>>
Nuveen has reached a first closing of its maiden Australia real estate debt strategy, with the US fund manager scoring A$400 million ($257.2 million) in anchor investments from parent company TIAA and Singapore state holding firm Temasek.
The new vehicle… Read More>>
Keppel Ltd on Wednesday announced the $300 million first closing of its third private credit fund, with the Singaporean firm committing $100 million to the vehicle.
Keppel Private Credit Fund III was launched earlier this year with a target size… Read More>>
M&G Real Estate is ramping up in Asia Pacific residential after winning a $250 million commitment to the sector from its parent group’s life business.
The property division of British insurer and asset manager M&G has furthered its exposure with… Read More>>
The Abu Dhabi Investment Authority has made a commitment to alternative asset manager SC Lowy’s South Korean private credit strategy focusing on the real estate sector, the parties announced Tuesday.
The fund will provide real estate credit to developers, construction… Read More>>
