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Photo of Richard Price Richard Price is Asia Pacific CEO at CBRE Global Investors.

LOS ANGELES—CBRE Global Investors said Monday it had closed on its latest value-added fund targeting the Asia Pacific region. With a focus on the logistics sector, CBRE Asia Value Partners IV and its co-investment vehicles have equity commitments totalling $1 billion from 21 institutional investors worldwide.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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