Real estate
SCREP VII
SCREP VII is the firm’s ninth opportunistic real estate fund. The fund is focused on opportunistic property-related investments in Japan, China, Korea and other selected markets. The fund closed in April 2020 with US$2.75 billion in capital commitments.
PAG Real Estate Partners II (PREP II)
PREP II the firm’s second pan-Asian core-plus/value-add real estate fund. The fund seeks to generate attractive income-driven returns in key gateway cities around Asia.
SCREP VI
SCREP VI is the firm’s eighth opportunistic real estate fund. The fund is focused on opportunistic property-related investments and distressed debt in Japan (~65%) and other opportunities across China, Korea and other selected markets. The fund closed in September 2017 with US$1.9 billion in capital commitments.
PAG Real Estate Partners I (PREP I)
PREP I, the firm’s pan-Asian, core-plus/value-add real estate fund, closed in September 2016 with US$1.3 billion in capital commitments. The fund seeks to generate attractive income-driven returns in markets and sectors where PAG has demonstrated investment and management capabilities – primarily Japan, China, Australia, South Korea and Hong Kong.
Secured Capital Real Estate Partners V (SCREP V)
SCREP V is a US$1.5 billion opportunistic real estate fund focused primarily on distressed debt, hard assets, platform equity, bridge financing and co-development opportunities. The fund focuses primarily in Japan but also invests in regional markets such as Australia, Korea and China.