TH Real Estate raises $111m for U.S. strategic industrial fund

TH Real Estate has raised $111 million for TH Real Estate U.S. Strategic Industrial Fund I, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

The recently launched closed-end real estate fund will invest in industrial assets throughout the United States. TH Real Estate is seeking $600 million in fundraising, according to the filing.

In additional fundraising, TH Real Estate also raised $550 million in a first close for its ERES APAC II: China Outlet Mall Fund, in November. Investors were attracted by the opportunity to acquire and gain long-term exposure to a scalable portfolio of leading designer outlet malls in China.

TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), is one of the largest real estate investment