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SilkRoad holds $456m final close for Asia fund

by Zoë Wolff

SilkRoad Property Partners has held a final close of $455.5 million for its SilkRoad Asia Value Partners, exceeding its $350 million target, according to a statement.

The fund, which launched in August 2014, received investments from insurance companies, endowments, pension funds and other institutional investors from Europe, North America and Asia.

The value-added fund will invest in real estate assets in Singapore, Hong Kong, Shanghai and Beijing and has already made four investments in Singapore and Hong Kong.

 

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