EWI Capital anchors Australian office fund as investor

KUALA LUMPUR: EWI Capital Bhd (formerly Eco World International Bhd), via its wholly-owned subsidiary, EWI Investment Holdings Ltd, has committed A$100mil as an anchor investor in TrustCapital Australian Office Fund No 3 (Fund) as it shifts towards investment holding.

In a statement, EWI Capital said the fund, managed by TrustCapital Advisors Investment Management Pte Ltd (TCA), is set up to invest in prime office assets across identified Australian capital cities.

TCA is a Singapore-based investment and advisory firm with a strong record in acquiring, managing and divesting Australian office assets.

The Fund aims to raise up to A$500mil in equity, including EWI Capital’s A$100mil commitment and contributions from other investors, to invest in prime commercial office assets across Sydney, Melbourne, Canberra, Brisbane and Perth.