SC Investment Management Pte Ltd, an affiliate of SC Capital Partners, a real estate private equity platform that invests across the Asia-Pacific region, has been awarded a Capital Markets Services licence by the Monetary Authority of Singapore to provide fund management services in Singapore.
Despite a growing reputation for successfully investing his RECAP opportunity funds via an array of unorthodox strategies, Thai-entrepreneur Suchad Chiaranussati tells PERE’s Arshiya Khullar he’s keen to demonstrate his firm’s conservative side.
The Singapore-based private equity real estate firm will be initially be targeting to raise $400 million for the pan Asia open-ended vehicle. SC Capital Partners, the Singapore-based private equity real estate firm, has officially launched its first coreplus real estate fund in Asia.
SC Capital Partners Pte, a Singapore-based real estate money manager, is seeking to raise $400 million for a new Asia-focused property fund.
SC Capital Partners has purchased the 2 Meredith Street building, one of the area’s best office assets, sources said. It is understood the sale price reflects a yield of around 10 percent.
SC Capital Partners, the Singapore-based private equity real estate property firm, has made its first property investment in the Maldives with the acquisition of a luxury resort.
Being able to tap into the local Asian network has been the key driver behind SC Capital’s investment success for the past 10 years. With the recent closing of its latest fund, the real estate focused private equity firm will continue to look for property growth opportunities around the evolving Asian region.
SC Capital Partners – Press Release Singapore, 19th January 2015 – SC Capital Partners, a Singapore-based institutional real estate private equity investment firm, is pleased to announce the final closing of its fourth real estate private equity fund, Real Estate Capital Asia Partners IV L.P. (“RECAP IV”), with $850 million of total equity commitments.
The Singapore-based private equity real estate firm has exceeded the original $750m capital-raising target for its latest opportunity fund and it is thought to have had $1.3bn of demand.
Denwol Group has sold The Rydges Darwin Airport Hotel and Resort to a fund controlled by Singapore’s SC Capital for a price in the mid $80 million range, giving the offshore group a strong foothold in the Australian hotel market.