MGPA launches EUR 500m Asian Spezialfonds

Independent private equity real estate investor MGPA has announced plans to launch a EUR 500 mln core-plus spezialfonds for German institutional investors.

The special fund will focus on established Asian markets including Hong Kong, Singapore, Malaysia, South Korea, Japan and Taiwan. The fund will to focus on commercial property and follow a core/core + investment strategy.

The fund will also be able to borrow a further EUR 500 mln, offering a potential investment volume of EUR 1 bn. MGPA will be advised on structuring the product by Selinus Capital. MGPA currently manages US$11 bn (EUR 7.6 bn) in assets across Asia and Europe.

Quelle: PropertyEU, Online-Ausgabe, 30.09.2011

Review of Placement Agents

The role of a placement agent is predominantly to assist fund managers to identify and target investors to which they can market the fund in order to secure commitments. Placement agents can also provide valuable planning and structuring services to fund managers.

Artikel als PDF lesen: The 2011 Preqin Global Real Estate Report