Savills IM targets €500m

The London-based investment firm launches its first pan-Asian fund.

Fund name: Savills IM Asia-Pacific Income and Growth Fund
Amount raised: €97 million
Target size: €500 million
Launched date: July 2020

Savills Investment Management has announced its first close on Savills IM Asia-Pacific Income and Growth Fund. The vehicle, with €500 million target size, targets office, logistics/industrial, retail and residential sectors in Asia-Pacific’s gateway cities including Australia, Japan, South Korea and Singapore. It focuses on core-plus investments and incorporates a defined value-add component, with the potential to offer co-investment opportunities.