Henderson plans to start US$1b Asia property fund, FT says

Henderson Global Investors plans to start a US$1 billion fund focusing on real estate in Asia, the Financial Times reported, citing Chris Reilly, head of Henderson Property in the region. The Henderson Asia Indirect Property Fund (Pagoda) will invest in both listed and unlisted property companies in the Asia -Pacific region, the newspaper reported.

The fund will invest in developed and developing nations, including Australia, Japan, South Korea, Indonesia, Thailand, the Philippines and Vietnam, the FT said. There will be a strong focus on India and China, the paper cited Reilly as saying.

 

Category: Business