Published by Hubbis – 18th Feb 2019
Aberdeen Standard Investments (ASI) has expanded further its Asia Pacific real estate capability with the acquisition of Orion Partners.
The move bolsters ASI’s investment strength in Asia real estate and adds to its market-leading USD56.3 billion global real estate franchise.
Orion Partners manages approximately USD900 million of direct real estate investments in Asia for international institutional investors seeking access to the region’s growing markets. The transaction expands ASI’s global real estate capabilities and offerings with the addition of Orion Partners’ direct real estate team and established track record in Asia. The acquisition is highly complementary, harnessing the combined investment skillsets of both firms across the entire real estate value chain. It signals ASI’s ambition to develop and distribute a wider range of Asia Pacific products to meet rising global demand for “new active” investment solutions.
Hugh Young, Head of Asia Pacific, Aberdeen Standard Investments commented “For investors seeking diversification, Asian real estate offers attractive risk-adjusted returns, with less correlation to broader market volatility. Having established a track record across equities, fixed income, private equity and real estate multi-manager investing in Asia Pacific over the years, this is a good opportunity for us to build out our regional real estate presence. At a time when global investors’ allocation to alternatives and real assets are growing, being able to offer a truly one-stop real estate solution is an integral part of our growth strategy.”
