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Just Closed: SilkRoad raises $445.5m


SilkRoad Property Partners, a singapore-based private equity real estate firm, today announced the final close its latest fund, SilkRoad Asia Value Partners, at $445.5 million, exceeding its $350 million original target.

The fund was launched in 2014 seeking value-add opportunities in Hong Kong, Singapore and tier 1 cities in China such as Shanghai and Beijing. Its investors include insurers, endowments, pensions and other investors from Europe, North America and Asia.