SilkRoad Asia Value Partners II’s $549 Million Fund Formation


Dechert has advised SilkRoad Property Partners on the deal.

SilkRoad Property Partners (‘SilkRoad’), a Singapore-based real estate investment manager, completed the launch of its second real estate fund investing into opportunities in Asia. The fund, known as SilkRoad Asia Value Partners II (‘SAVP II’) closed at US$549 million, in excess of its US$500 million target.

SAVP II will employ SilkRoad’s proven value-add investment strategy, targeting real estate assets that have favourable risk-return profiles in primarily Singapore, Hong Kong and the Greater Bay Area, Shanghai, Beijing and Tokyo. SAVP II has already made six investments primarily in pandemic resilient sectors such as industrial/logistics and neighbourhood retail.

Dechert acted as legal advisor to SilkRoad with a team led by Singapore-based partner Dean Collins (Picture) and supported by associates Zachary Oswald and Tony Liu in Singapore, as well as Claire Bentley in London.

Involved fees earner: Claire Bentley – Dechert; Dean Collins – Dechert; Tony Liu – Dechert; Zachary Oswald – Dechert;

Law Firms: Dechert;

Clients: SilkRoad Property Partners;

Avatar

Author: Michael Patrini