The sector has only been institutionalized in recent years but is bolstered by long-term e-commerce growth in the country.
Buying opportunities will come from both expiring closed-end funds and developers motivated to sell to either repay debt or recycle capital.
The New York-based global investment firm closed its first Asian real estate fund.
The India-based investment firm has launched its fifth Indian real estate fund.
The Miami-based investment firm has completed its biggest-ever initial closing with its latest property vehicle, which is also the largest in market.
The London-based manager attracted €844m in commitments.
More than half of the capital for the California firm’s latest vehicle came from the region, much of it from first-time investors.
The Singapore-based manager was able to raise $549 million, well in excess of its target.
The new capital for the vehicle, which has now reached $5.4bn in AUM, will be used to acquire three new assets from GLP Japan Development Venture II.
Park Madison Partners expects capital commitments to bounce back in 2021 but with a strong preference for certain strategies.