Asia real estate and outbound investment news
US private equity firm Stonepeak has reached a final closing of its first Asia infrastructure fund with capital commitments of $3.3 billion, exceeding the vehicle’s hard cap of $3 billion.
The fund represents Stonepeak’s first dedicated Asia strategy and targets… Read More>>
Global private real estate fundraising in 2023 suffered its sharpest drop in 14 years, tumbling 33.1 percent to $151.3 billion, according to data provider Realfin.
The number of private vehicles reaching a final closing recorded the deepest decline of all… Read More>>
Weave Living has secured further investment from existing shareholders, founder and CEO Sachin Doshi and private equity major Warburg Pincus, as the rental residential operator looks to double its portfolio in an expansion set to take it beyond Hong Kong,… Read More>>
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has reached a final closing of its inaugural fund with investments in two Melbourne projects with an end value of A$650 million ($427.9 million).
The fully deployed fund, dubbed… Read More>>
Dutch pension fund manager APG has committed more than $400 million to a Korean logistics core fund set up with longtime partners ESR and the Canada Pension Plan Investment Board.
ESR Korea Logistics Core Fund is a continuation of the… Read More>>
GLP Capital Partners has set up a fund targeting industrial parks in China with an initial investment capacity of more than $350 million.
The new vehicle will focus on properties catering to advanced research manufacturing (ARM), the asset management arm… Read More>>
Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.
The investment manager in December acquired Omega 1 Bang Na,… Read More>>
KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US buyout giant having already deployed more than half of the vehicle’s committed capital across 10 investments.
The fund, dubbed KKR Asia Pacific… Read More>>
Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.
Dubbed NCW, the 50:50 JV of Cushman… Read More>>
Hidden Hill Capital on Wednesday announced the final close of its second RMB private equity fund targeting logistics and proptech companies, with the strategy having raised RMB 8 billion ($1.1 billion) in capital commitments.
Hidden Hill PE RMB Fund II… Read More>>
