Even after closing its ninth value-add fund on $2.3bn, the Dallas-based firm remains committed to its property-by-property approach to deployment.
Fundraising figures are encouraging as the region adapts to covid-changed conditions.
The US real estate investment firm has attracted Asian capital for the first time in the 13-year history of the fund series.
The investment manager has raised an initial £140m of investor capital and is targeting £500m for its latest UK lending vehicle.
The alternatives giant's vehicle would be the second-largest pot of capital dedicated to the strategy so far.
The investment management business of US insurer Prudential Financial raised $1.1bn of equity for its European Value Partners II vehicle after generating a strong performance from its predecessor.
The amount of private real estate capital raised in the first half of the year fell by a third compared with H1 2020.
The Maryland-based firm completed the capital raise for Fund V at an expedited pace relative to its predecessor, despite the pandemic.
A successful fundraising by the secondaries business would help to prove investors are not concerned about a conflict of interest.
Landmark Real Estate Partners IX would overtake its 2018-vintage predecessor as the largest secondaries fund raised in the asset class.