FS Sustainability: ASA launches $250m social infra fund

ASA Real Estate Partners has launched a social infrastructure fund for select wholesale investors, with a target to raise $250 million over a five-year fund term.

The ASA Equal Living Social Infrastructure Fund is raising $50 million of initial equity, and ASA Real Estate Partners together with Equal Living Group will co-invest up to 10% of the equity in it.

The assets provide 'step down' healthcare accommodation for Australians with life-changing injuries - those who cannot live long term in hospital but equally need care such that they can't live at home.

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