CBRE Investment Management Exceeds Target Capital Raise for Value-Add Real Estate Fund Asia Value Partners 7

CBRE Investment Management has announced the close of its Asia Pacific value-add real estate fund, Asia Value Partners 7 (AVP 7).

The fund closed with equity commitments of $1.865 billion, exceeding its fundraising target of $1.5 billion. An additional $250 million was secured in co-investment capital, taking total equity raised to $2.115 billion. The fund is expected to have total purchasing power of more than $5 billion to be deployed over a 36-month investment period.

“The APAC region continues to offer compelling opportunities for value creation,” said Adrian Baker, President and CIO of APAC Direct Real Estate and Portfolio Manager for the fund series. “We are unlocking value in Japan in particular, targeting well‑located standing assets below replacement cost and applying our operating expertise to develop and reposition high‑demand logistics facilities. These strategies allow us to capture structural growth in the logistics sector while creating durable, long‑term performance for our investors.”

The fund has already secured three investments to date, further supported by an advanced pipeline that is expected to drive active deployment throughout 2026.

Yilan Koh, APAC Direct Head of Product Development & Operations, added: “The fund received strong support from both existing and new investors, with a diversified client base comprising 15 institutional investors across the United States, Europe, the Middle East and Asia Pacific. Completing the fundraising in just 15 months with positive assessments from several leading consultants underscores the strong conviction investors have in our strategy and platform.”

Consistent with its predecessor funds, AVP 7 will pursue build- and reposition-to-core opportunities within the most developed and liquid markets of Asia Pacific. Logistics investments will continue to be the central focus of the fund’s strategy, with at least 80 percent of equity commitments to be deployed toward the sector. The fund may also selectively invest in other sectors that are supported by either strong structural drivers or mispricing.

Since 2016, the APAC Direct Real Estate team has completed 139 logistics investments across the region totaling 9.5 million square meters with a cumulative asset value of $14.7 billion.

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $155.5 billion in assets under management* as of December 31, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.