Singapore-based asset manager Keppel Capital has launched its inaugural China-focused logistics property fund with an initial equity commitment of 1.4 billion yuan ($217 million), according to an announcement.
The fund, which will be managed by Keppel Capital’s wholly-owned subsidiary Keppel Capital China, will invest in developing high-quality logistics assets in key logistics hubs in China, including those in Greater Beijing, Greater Shanghai, and the Greater Bay Area.