Photo of Richard Price Richard Price is Asia Pacific CEO at CBRE Global Investors.

LOS ANGELES—CBRE Global Investors said Monday it had closed on its latest value-added fund targeting the Asia Pacific region. With a focus on the logistics sector, CBRE Asia Value Partners IV and its co-investment vehicles have equity commitments totalling $1 billion from 21 institutional investors worldwide.

The new fund and its co-investment vehicles are expected to have total purchasing power of more than $2.5 billion, including leverage. Already, the investment team has acquired or committed to $1.1 billion of real estate through five investments, primarily in logistics assets across Japan, China and South Korea.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.