Investors in Asia have yet to fully capitalise on opportunities in real estate, and are behind the strong demand for private equity real estate Investments, said Jeffrey Perlman, managing director and head of Asia-Pacific Real Estate at Warburg Pincus.
The private equity firm has just closed its debut Asia real estate fund at $2.8 billion. That is nearly double its initial target of $1.5 billion, and raised in the space of a year. About 60% of the fund’s limited partners are institutions in Asia.
