BGO has held a final close for its BentallGreenOak Asia IV (BGO Asia Fund IV), its flagship Asia-focused value-added real estate strategy, raising more than $5.1 billion in total capital commitments for the fund and co-investment sidecars.
This represents the largest closed-end capital raise in BGO’s history, underscoring the firm’s history and reputation as a premier global real estate investment manager in Asian markets.
BGO Asia Fund IV targets value-added opportunities in office, hospitality and logistics assets across Japan, South Korea, Australia and Singapore. The firm said Japan represents a central pillar of its investment strategy, driven by regulatory reforms and corporate governance shifts that are catalyzing an estimated $3 trillion in non-core asset divestitures.
“Japan is undergoing a profound transformation, and we see strong, sustained tailwinds across the region,” said Fred Schmidt, managing partner and chairman of Asia, BGO. “Tokyo i
