Kuala Lumpur, August 2024 - Private Equity and Investments Management firm, Crewstone International, has announced its strategic partnership with Lumen Exal Sdn Bhd to launch the MYR50 million Crewstone Exal Property Fund. This fund is dedicated to identifying and investing in high-potential real estate opportunities across the APAC region, with a particular emphasis on high-quality residential and mixed-use developments in rapidly expanding urban areas.
The Crewstone Exal Property Fund is designed to capitalize on the burgeoning real estate markets within strategically important cities and regions across the Asia-Pacific. By focusing on value creation and income generation, the fund aims to deliver strong returns for investors through targeted investments in high-growth areas. Key markets include Malaysia and Australia, where urbanization and economic expansion present significant opportunities for real estate development.
A progressive partnership for the property sector
Crewstone International Private Equity, a licensed private equity firm based in Malaysia, brings extensive expertise in managing funds with a strong commitment to governance and transparency. The firm’s new property fund will focus on real estate development projects associated with the LMEX, ensuring that each investment is managed with the highest standards of integrity and accountability.
Lumen Exal Sdn Bhd, a prominent property developer headquartered in Western Australia, is renowned for its over 25 years of experience in real estate, property investment, engineering, and project management. Led by industry veterans Dr. Bay Yeo and Albert Ko, the renowned corporate group specializes in delivering high-quality residential and mixed-use developments that prioritize sustainability and innovation.
Exal’s portfolio includes notable projects such as the Waterford Purpose-Built Student Accommodation near Curtin University, Melvista on Broadway luxury apartments, and de Oasis in Beckenham. In 2022, Lumen Exal expanded its operations into Malaysia with the SÓL Estate project in Kuching, which focuses on sustainable, multi-generational living environments. The group's ongoing efforts include financing and developing innovative real estate projects across Sarawak and Australia, further solidifying its reputation as a leader in sustainable property development.
Strategic Focus on APAC Growth Markets
The Crewstone Exal Property Fund will strategically target high-growth regions within the APAC area, including key cities in Malaysia and Australia, to maximize returns on investment. By leveraging Lumen Exal’s deep expertise in sustainable development and Crewstone’s robust investment management capabilities, the fund is poised to deliver exceptional value to its investors.
The fund notably marks a significant step forward in the collaboration between Crewstone International and Lumen Exal Sdn Bhd. With a shared commitment to innovation, sustainability, and high standards of governance, this MYR50 million fund is set to capitalize on the dynamic growth of real estate markets in the APAC region.
About Crewstone International Private Equity
Crewstone International Private Equity is one of the most innovative and high-returning private equity firms based out of Malaysia. The company's diversified investment portfolio includes investments in healthcare, technology, real estate, and other segment fields that are underwriting strategic growth with strength.
With a strong track record for successful asset management and private investments empowered by a strong network of partnerships in the ASEAN region, Crewstone International sets its sights on further expansion to strengthen its position for more solutions enabling strategic investments.
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