Temasek, CenterSquare to launch commercial real estate debt co-investment vehicle

The investment vehicle will be invested in high-quality subordinate real estate loans.

Temasek partners with US-based CenterSquare Investment Management (CenterSquare) to launch a commercial real estate debt co-investment vehicle.

The investment vehicle is expected to have $200m to deploy and will invest in high-quality subordinate real estate loans once fully funded.

The first tranche of capital will be deployed alongside CenterSquare’s most recent debt fund in largely pre-identified deals with a focus on multifamily assets.

“In the current, higher-rate environment, we continue to see many borrowers in need of ‘gap capital’ as loans come due and they are no longer able to secure the same level of mortgage loan proceeds that were available previously in the lower-rate climate. We believe this creates an excellent opportunity for disciplined investors to earn attractive all-in returns,” Michael Boxer, managing director of CenterSquare’s Private Real Estate Debt vertical said.

Follow the link for more news on

Temasek Holdings

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia