Our Approach
Our strategy is focused on Asia-Pacific – with an emphasis on Malaysia.
Leveraging sponsor resources and brands, we target value-add opportunities arising from gaps in real estate operating expertise and distressed situations. We aim to partner with skilled local operators with a de-risked exit strategy in place.
4 Principles
Perpetual
Own and enhance with a long-duration multi cycle mindset
Prime
Own in great locations and neighborhoods
Price
Aim to underwrite values close to replacement, if not, at a slight premium to market.
Prudent
Adopt consistent financing guidelines to ensure asset durability during unexpected downcycles.

Strategies
Kuala’s team offers comprehensive multi-sector, risk return and capital stack opportunities with a localized approach.

- real estate
Core+
Stabilized assets in high conviction sectors with prudent leverage, income oriented, and moderate capital upside. income-oriented real estate strategies focus on investing in substantially stabilized assets throughout the United States and Western Europe with a medium to long term investment horizon and focus on high-conviction sectors. Our real estate income product in the US is Apollo Realty Income Solutions, a non-traded REIT focused on a combination of stabilized properties and first mortgage loans. We also manage Apollo Diversified Real Estate Fund, a real estate interval fund focused on active management across public and private real estate equity, debt funds and securities.
Key Components:
- Stabilized assets in high conviction sectors
- Net lease and core plus assets
Value Add
Stabilized assets in high conviction sectors with prudent leverage, income oriented, and moderate capital upside. income-oriented real estate strategies focus on investing in substantially stabilized assets throughout the United States and Western Europe with a medium to long term investment horizon and focus on high-conviction sectors. Our real estate income product in the US is Apollo Realty Income Solutions, a non-traded REIT focused on a combination of stabilized properties and first mortgage loans. We also manage Apollo Diversified Real Estate Fund, a real estate interval fund focused on active management across public and private real estate equity, debt funds and securities.

- Infrastructure
In Progress...
Kuala is currently developing pipeline for Malaysian based infrastructure opportunities within the palm oil and renewable energy sector.
Decarbonization remains a key agenda for the platform.