| Benedicte Gravrand, Opalesque London:Cube Capital's Asia real estate fund, launched in the midst of the credit crisis, has managed to return impressive returns by banking on office building rentals in Tokyo, REITs, Australian companies needing restructuring, and opportunities in China and Hong Kong.
Cube Asia Real Estate Securities Fund (CARE) Cube's $45m Asia Real Estate Securities Fund (CARE) returned 31.38% in '09 and -0.58% (est.) in January, annualising 24.40% since its September '08 inception. This can be compared to the TSE REIT (Japan) index which returned -0.8% in '09 and 1.4% in January, the UBS Singapore REIT index 64% and -5.6%, and the GPR Asia RE 250.....................................Full Article: Source
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