Fund name: CBRE Asia Value Partners VI
Amount raised: $1.74 billion (including firm co-investment)
Target size: $1.2 billion
Stage of fundraising: Final close
Predecessor fund: CBRE Asia Value Partners V ($900 million)
CBRE Investment Management has announced its final close on CBRE Asia Value Partners VI at its hard-cap of $1.74 billion, exceeding its $1.2 billion target. The vehicle will make at least 80 percent of its investments in the logistics sector and may selectively invest in other sectors.