BPEA Real Estate secures $1.2b for Forest Logistics fund in China
Hong Kong–based Baring Private Equity Asia (BPEA) Real Estate has raised $1.2 billion for its logistics fund in China, Forest Logistics, closing the latest round of capital raising.
Forest Logistics was launched last year. Shortly after, the BPEA Real Estate Fund II, which closed in 2018 with $1 billion in capital commitments, contributed part of a $480 million investment in Forest Logistics, alongside BPEA Real Estate.
Forest Logistics will use the funds to scale the Company and construct a network of