Macquarie Asset Management raises $846m to invest in Asia-Pacific region

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Macquarie Asset Management has raised AU$1.1 billion in equity from institutional investors to pursue opportunities in the Asia Pacific region in the real estate sector, per an announcement.

With the investment, the Sydney-based asset manager plans to invest in developed markets across the region with a special focus on specialist platforms, direct real estate, and opportunities arising out of recent market dislocation.

Macquarie Asset Management and its partners have invested over $12 billion in the region’s real estate sector since 2012.

The Australian financial group has also invested in specialist operators in the region, including LOGOS Property Group’s logistics platform, Iglu’s student accommodation platform and Greystar Asia Pacific’s purpose-built rental housing business.

Macquarie Asset Management head of real estate Brett Robson said that the impacts of the COVID-19 crisis have acted as a trend accelerator, creating opportunities for real estate investors.

“Global megatrends including shifting demographics, digitalisation, and urbanisation are driving the need for real estate development and investment. The market dislocation we’ve seen over the past 18 months has acted as an accelerator in many areas, creating opportunities across Asia-Pacific,” he added.

As of 31 March 2021, Macquarie Asset Management had AU$562.2 billion of assets under management. The firm has over 1,900 staff operating across 20 markets in Australia, the Americas, Europe, and Asia.

Macquarie Asset Management is the asset management arm of Macquarie Group. It oversees Macquarie Infrastructure and Real Assets (MIRA) and Macquarie Investment Management.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.