Christie Ou
With the multifamily sector still in its infancy in Australia, the Melbourne based manager is seeking A$1bn to lend to first mover developers.
The rapid spread of coronavirus has thrown a spotlight on the country’s growing need for healthcare facilities, a sector of the local real estate market that remains undercapitalized.
Two founding investors are planning to offload over 40 percent of shares in the Shanghai-based mixed-use developer and operator.
The full extent of the outbreak in China is yet to be seen, but the short-term impact has already manifested itself in Asia’s private real estate markets
The group acquired the portfolio for around ¥200 billion in 2014 before selling it to Anbang for ¥260 billion in 2017.
The shopping center owned by Mapletree reopens its doors two months after suffering extensive damage and operational disruption.
Ongoing protests mean more for the private real estate market than broken windows
The investor is moving up the risk curve to meet return expectations in the domestic real estate market.
Since 2018, Fund VI has deployed 40 percent of its capital over 14 investments across both traditional and alternative asset classes.
The investor believes the demand for data storage will increase exponentially with the advances in sectors like artificial intelligence and 5G.