ARA Asia Dragon Fund

Established2007TypeClosed-end fundCommitted CapitalUS$1,133 millionInvestment StrategyOpportunisticAsset ClassRetail, office and residential are the preferred sectorsMarketChina, Singapore, Hong Kong and Malaysia, and other emerging economies in Asia

OVERVIEW

ABOUT

ARA Asia Dragon Fund is ARA's flagship private fund designed to provide a platform for global institutional investors to invest in a diversified portfolio of real estate investments in various growth economies of Asia.

The Fund had attracted a stellar group of institutional investors, including pension funds, endowment funds and a sovereign wealth fund. Leveraging on ARA’s experience and intimate knowledge of the real estate market in Asia, the Fund sought to make strategic and opportunistic investments in a diversified portfolio located across Asia, with the goal of optimizing total returns from a combination of income and capital appreciation. The investment mandate covered retail, office and residential real estate primarily in the main cities of China, Singapore, Hong Kong and Malaysia, and secondarily in other emerging economies in Asia.

STATUS The Fund had invested in office, retail and residential assets in four countries and all the assets were successfully divested.           
HIGHLIGHTS The success of the Fund led to a successor fund, ARA Asia Dragon Fund II.