Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China’s largest real estate brokerage, according to a report in the Wall Street… Read More>>
Heitman Announces Final Close of $338M Asia Property Fund
Chicago-based Heitman LLC has raised $338 million for a new closed-end fund targeting property in the region from Melbourne to Tokyo. Demand was seen as strong, as the initial target for the Heitman Asia-Pacific Property Investors (HAPI) vehicle was only… Read More>>
AEW Holds Final Close of Third APAC Value-Add Fund at $1.12B
Global real estate investment manager AEW has achieved the final close of its third Asia Pacific value-added fund with total commitments of $1.12 billion, far surpassing its $750 million fundraising target.
An array of US and Europe-based public and private… Read More>>
Blackstone Bags $7.1B for Biggest-Ever Asian Real Estate Fund
US private equity firm Blackstone Group has forged the largest-ever fund dedicated to property investments in Asia by holding a final close on Blackstone Real Estate Partners Asia II (BREP II), at around $7.1 billion of capital commitments.
Blackstone’s second… Read More>>
Gaw Capital Announces $412M Close of Third US Value-Add Fund
Gaw Capital has closed its third US value-add real estate fund with total commitments reaching a hard cap size of $412 million, the Hong Kong-based private equity shop announced. The Gaw Capital US Fund III will mainly target real estate… Read More>>
LaSalle Raises $1.15B for Fifth Asia Opportunity Fund
US-based real estate investment firm LaSalle Investment Management has secured $1.15 billion of equity for its fifth pan-Asia opportunistic fund, topping the initial target of $750 million as global institutional investors pile into the region’s property assets.
The capital will… Read More>>
PAG Said Gearing Up for New $6B Asia Buyout Fund
Hong Kong-based alternative investment firm PAG is planning a new Asia buyout fund with a target of $6 billion, according to a Reuters account citing people with knowledge of the plan. PAG has reportedly started canvassing investors about the vehicle… Read More>>
Kailong Promotes Ivan Ho to HK CEO, Launches USD Fund with $500M Target
Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on properties in Greater China, with a target size of $500 million.
Ivan Ho, who has just been promoted to the newly create role of… Read More>>
CBRE GI Aims $1B at Asia’s Logistics Sector After Latest Fund Close
CBRE Global Investors will be adding more Asian properties to its $98.3 billion in global assets under management, as the Los Angeles-based firm has announced the final closing of a $1 billion Asia real estate fund.
Warehouse-focussed vehicle Asia Value… Read More>>
LaSalle Closes Fourth Japanese Logistics Fund at $350M
LaSalle Investment Management has closed its fourth Japanese logistics fund after raising $350 million in new cash to expand its fleet of logistics facilities in the Land of the Rising Sun.
The fund-raising haul paves the way for LaSalle to… Read More>>