Pan-Asia logistics real estate developer ESR, backed by Chinese investors, has completed US$575 million in fund raising for its most recent Japan fund, bringing the total equity closings for the fund to US$1.2 billion, the company announced. RJLF2 (Redwood Japan Logistics Fund 2) achieved the US$575 million fundraising after an existing limited partner, German insurance company Allianz, increased its earlier commitment to a total US$185 million. Other RJLF2 investors include a leading Southeast Asian pension fund which made a US$200 … ESR Raises $1.2B For Japan Logistic Real Estate Developments appeared first on China Money Network.