MacarthurCook is in the final stages of establishing a real estate securities fund in Asia, with a product disclosure statement expected to be available in the coming weeks.
The MacarthurCook Asian Real Estate Securities Fund will invest in a diversified portfolio of real estate companies and investment trusts to provide Australian investors with long-term capital growth and income.
It will seek to raise $100 million by way of public offer, partly underwritten by Citigroup Global Markets Australia and Bell Potter Securities.
The fund manager expects Asia’s robust GDP growth and high savings rates combined with the region’s developing REIT laws to continue to drive the strength of Asia’s real estate values.
