Pacific Star - Asia .  Europe . North America

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AREIF
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Baitak AREF
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AREPDF
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Pacific Star IV: Asia Fund Select
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Funds

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Asia Real Estate Prime Development Fund (AREPDF)
 
Total Investment size
(including leverage):
USD650 million
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Type: Development
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Key shareholders: Institutional investors from Europe
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Target: Prime luxury residential and serviced apartments including mixed development projects in key Asian gateway cities in China, Hong Kong, Japan, Korea, Thailand, Malaysia and Singapore.
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Notable Investments /
Investment Strategy:
An equity stake in a joint venture for two residential sites in Bangkok with listed Asian Property Development (APD), one of the largest residential property developers in downtown Bangkok. The two land parcels at Soi 12 in Sathorn and Ratchadapisek close to mass transit stops will yield some 1,500 condominium units when fully developed by 2010.