Christie Ou
The firm has added medical, life sciences and research-related real estate assets to its latest flagship fund strategy.
The healthcare specialist has hired InfraRed’s former chief investment officer in Asia to lead the new real estate platform.
The New York-based firm’s Asia value-add series, known for its strategic evolution, is shifting into non-traditional property types.
The new vehicle, formed with Japanese manager Samurai Capital, will focus on real estate assets with a social impact without having a lower return target.
The firm has recently ventured into the country’s logistics sector by acquiring three logistics properties for $240 million.
Nearly $4bn has been raised across three China logistics vehicles in the past two months alone.
The US firm has already started making investments from the vehicle, which will focus on hard assets and is expected to have significant exposure to China.
The Los Angeles-based firm has appointed a new head of China logistics to take on Matthew Yao’s responsibilities.
Private real estate investors can expect the Chinese developer to offload some of its better-quality assets but should not anticipate any major fire sales.
The inequality percentage is the highest during the 'motherhood years' for both bonuses and total cash compensation, according to ANREV and Aurex Group’s compensation report.