TH Real Estate launches $2b Asia Pacific Cities Fund

TH Real Estate launches $2b Asia Pacific Cities Fund

TH Real Estate's Asia Pacific Cities Fund has acquired its first asset, 183 Clarence Street, in Sydney, Australia.

TH Real Estate has launched a $2-billion open-ended, core property fund focusing on selected cities across the Asia Pacific. Its parent company, TIAA, has committed an initial co-investment of $200 million.

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