ARA Asset Management Limited : Press Release - PERE Global Awards

MISCELLANEOUS

Page l of l

Miscellaneous

* Asterisks denote mandatory information

Print this page

Name of Announcer *	ARA ASSET MANAGEMENT LIMITED
Company Registration No.	32276
Announcement submitted on behalf of	ARA ASSET MANAGEMENT LIMITED
Announcement is submitted with respect to *	ARA ASSET MANAGEMENT LIMITED
Announcement is submitted by *	Lim Hwee Chiang
Designation *	Director
Date & Time of Broadcast	04-Mar-2013 07:48:17
Announcement No.	00013

>> Announcement Details

The details of the announcement start here ...

Announcement Title * PRESS RELEASE - ARA ASSET MANAGEMENT CLINCHES "ASIA FIRM OF THE YEAR"AT 2012 PRIVATE EQUITY REAL ESTATE (PERE) GLOBAL AWARDS

Description Please see attached.

Attachments

PressRelease-PrivateEquityRealEstate_PERE_GlobalAwards.pdf

Total size = 30K

(2048K size limit recommended)

Close Window

https://wwwl.sgxnet.sgx.com/sgxnet/LCAnncSubmission.nsf/vwprint/959l3362lD05...

04/03/20l3

ARA Asset Management clinches "Asia Firm of the Year" at 2012 Private Equity Real Estate (PERE) Global Awards

4 March 2013 - ARA Asset Management Limited ("ARA" or the "Group") was awarded 1st place as the "Asia Firm of the Year" at the 2012 Private Equity Real Estate ("PERE") Global Awards.
ARA emerged the winner of the "Asia Firm of the Year" category from among leading global fund managers. The annual PERE awards, jointly hosted by London-based PERENews.com and PERE magazine, are the only global private real estate investment and finance awards that are voted on entirely by the industry. This year, over 50,000 votes were cast to select the best people, firms and deals from the private equity real estate community worldwide.
ARA is a leading Asian real estate fund management company that manages six public-listed REITs in Singapore, Hong Kong and Malaysia and five private real estate funds investing across Asia. ARA also provides real estate management services, including property management and convention and exhibition services, as well as corporate finance advisory services. The Group's Assets under Management ("AUM") stood at S$22.1 billion as at 31
December 2012.
ARA was recognized for its success in raising close to US$1 billion for two new funds despite the challenging fund raising environment in 2012. The first fund is the ARA Asia Dragon Fund II, which follows ARA's successful flagship ARA Asia Dragon Fund raised in 2007/8. The two Asia Dragon funds are pan-Asian opportunistic funds anchored by, inter alia, California Public Employees' Retirement System ("CalPERS") and Teacher Retirement System of Texas, which are leading public pension funds in USA.
The second fund is the ARA China Investment Partners, LLC, which is a long-term, core-plus separate account vehicle with an initial committed capital of US$500 million primarily from CalPERS, targeted at the key cities in China, including Hong Kong.
Commenting on the award, ARA Private Funds CEO, Mr Ng Beng Tiong said: "We are honored and at the same time humbled by this prestigious award. By placing our investors' interests first, we have won their trust as well as the recognition of our peers. Kudos to everyone in the team who have worked tirelessly in the past few years. We are now even more driven to scale greater heights."

- End of Release -

Page 1 of 2

About ARA Asset Management Limited

ARA, an affiliate of the Cheung Kong group, is a real estate fund management company listed on the main board of the Singapore Exchange. ARA's business is focused on the following primary segments:

(a) REITs - The Group is one of the largest REIT managers in Asia ex-Japan and currently manages six REITs listed in three countries namely, Fortune REIT dual-listed in Singapore and Hong Kong, Suntec REIT and Cache Logistics Trust listed in Singapore, Hui Xian REIT and Prosperity REIT listed in Hong Kong and AmFIRST REIT listed in Malaysia;

(b) Private real estate funds - The Group manages several private funds investing in real estate in Asia;

(c) Real estate management services - The Group provides property management services and manages the award-winning Suntec Singapore International Convention & Exhibition Centre; and

(d) Corporate finance advisory services - The Group has an in-house advisory arm providing corporate finance advisory services to related corporations.

For more information, please contact: Cheryl Seow

Senior Director, Group Finance [e-mail]

Tel: [phone]

Fax: [phone]

This announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of uncertainties, risks and assumptions. Representative examples of these factors include but are not limited to general market and economic conditions, interest rate trends, competition from other real estate investors, changes in operating expenses including employee wages and benefits, changes in government policies, and the continued availability of financing in the amounts and terms necessary to support future business. You are cautioned not to place undue reliance on any of the forward-looking statements in this announcement, which are based on the current view of management on future events.

Page 2 of 2