Private Equity Fund News
Ascendas Firstspace plans $300-M third fund for logistics parks
Source Ascendas Firstspace (opens in a new tab)Business Line (opens in a new tab)
Ascendas Firstspace is gearing up to raise over USD 300 million for its third industrial and logistics real estate fund. The proposed fund will see participation from a consortium of limited partners (LPs), including Singapore’s Temasek Holdings, sovereign wealth funds, and overseas pension funds.Ascendas Firstspace is a joint venture between Ascendas, a member of CapitaLand Group, and Firstspace Realty.