CBRE Investment Management Closes Asia Value Partners 7 Fund with $2.115 Billion in Equity

– CBRE Investment Management closed its Asia Pacific value-add real estate fund, Asia Value Partners 7 (AVP 7)

– Fund closed with $1.865 billion in equity commitments, exceeding its $1.5 billion target

– An additional $250 million in co-investment capital brings total equity raised to $2.115 billion

– Total purchasing power of the fund expected to exceed $5 billion over a 36-month investment period

– Focus on unlocking value in Japan, targeting well-located standing assets below replacement cost

– Strategy includes developing and repositioning high-demand logistics facilities to capture structural growth

– Fund has secured three investments to date, supported by a strong pipeline for 2026 deployment

– Diversified investor base: 15 institutional investors across the US, Europe, Middle East, and Asia Pacific

– Fundraising completed in 15 months with positive assessments from leading consultants

– AVP 7 will pursue build- and reposition-to-core opportunities in the most developed and liquid APAC markets

Adrian Baker, President and CIO of APAC Direct Real Estate and Portfolio Manager for the fund series, said the APAC region continues to offer compelling opportunities for value creation, with a focus on Japan and high-demand logistics facilities

– Logistics will remain central, with at least 80% of equity commitments allocated to the sector

– Fund may selectively invest in other sectors with strong structural drivers or mispricing

Yilan Koh, CFA, APAC Direct Head of Product Development & Operations, said the fund received strong support from both existing and new investors, highlighting a diversified client base of 15 institutional investors across the US, Europe, Middle East, and Asia Pacific

– Since 2016, APAC Direct Real Estate team completed 139 logistics investments totaling 9.5 million sq. m., valued at $14.7 billion

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