Asia-Pacific

The firm has recently ventured into the country’s logistics sector by acquiring three logistics properties for $240 million.

Q3 2021’s record $51bn of closed capital proves that more than a few mega-managers can benefit from market consolidation.

Fundraising activity took off during the quarter, fueled by a robust market for midsized vehicles and a record-high average closing size.

The head of the Korean state pension’s real estate team is leaving after six years in the role and has made a recommendation for his successor.

The mega-manager is ahead of schedule on deploying several opportunistic funds and using core-plus capital to close its biggest deals, its COO says.

The US firm has already started making investments from the vehicle, which will focus on hard assets and is expected to have significant exposure to China.

The Los Angeles-based firm has appointed a new head of China logistics to take on Matthew Yao’s responsibilities.

A €150m seed commitment to Deutsche Finance International’s second Europe value-add fund comes five years after the NZ$58bn investor exited from a portfolio of offshore fund positions.

The Xintiandi shopping district is set to be part of an initial public offering by its developer Shui On Land.

Private real estate investors can expect the Chinese developer to offload some of its better-quality assets but should not anticipate any major fire sales.