Christie Ou
The Singapore-headquartered firm will combine its real estate and alternative assets units into a real assets platform led by the group CEO.
One major takeaway from the week-long event was the differing real estate estate appetites between Korean and Japanese investors.
The South Korean pension fund has kicked off its return to equity investing in the asset class with commitments to logistics strategies.
The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.
Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.
Asia’s top real estate managers hold at least $65bn of dry powder, but are struggling to invest it.
Third logistics deal for investor-manager partnership comes on the back of strong interest in South Korea from Middle Eastern investors.
The firm is looking for the right conditions to float the vehicle amid volatile C-REIT market pricing in China.
Cost and stability are key factors in evaluating whether to opt for fixed or floating rate loans to finance deals in the country.
With only a 7.4% increase, the investor also recorded a slower climb in real estate commitment compared with prior years.