Jul 03 2019

The Quintessential Equity Master Fund No. 2 targets a $150m raise

Invest / Direct Property Funds

To accommodate yield investors Quintessential Equity is set to launch a commercial property fund, which will shortly raise $150million from investors

Australia

May 11 2019

Centennial Industrial and Logistics launches its latest Enhanced Value Fund – to provide larger scale access to industrial and logistics assets in major cities for smaller to medium size investor groups

Invest / Direct Property Funds

The Centennial Industrial and Logistics (CIL) launches its latest Enhanced Value fund will follow on from the success of the CIL I and CIL II funds which currently own 6 industrial and logistics properties across Brisbane and Melbourne totalling around $90 million in value.

Australia

Apr 22 2019

CapitaLand raises US$391 million in first closing of its maiden discretionary equity fund

Invest / Direct Property Funds

CapitaLand Limited (“CapitaLand”) has successfully set up its first discretionary real estate equity fund – CapitaLand Asia Partners I (CAP I). Tapping into CapitaLand’s extensive network and strong asset management expertise, CAP I will invest in value-add and transitional office buildings in Asia’s key gateway cities, specifically Singapore, Beijing, Guangzhou, Shanghai, Shenzhen, Osaka and Tokyo.

Singapore

Feb 06 2019

Dexus half year results

Invest / Direct Property Funds

Dexus today announced its result for the half year and reaffirmed its guidance for distribution per security growth of circa 5% for FY19. Dexus Chief Executive Officer, Darren Steinberg said: “It has been a productive six-month period where we have added value through enhancing our development pipeline and attracting new investors to our funds management business. This has all been achieved while maintaining low balance sheet gearing. “In our office portfolio we continue to outperform the MSCI office benchmark1 over one, three and five years through driving higher rents and lower incentives, particularly in Sydney which has been reflected in property valuations during the period. “In our funds management business, we now have $15 billion under management with investors and partners that can invest alongside us through the cycle, reinforcing our objective of being the wholesale partner of choice in Australian property.”