Sniper Capital, the Macau-focused fund management business, has launched its first private equity real estate fund as it aims to capitalise on a lack of non-gaming leisure real estate on the former Portuguese colony.
2 min read · 24 January 2013
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
2 min read · 24 January 2013
Mubadala, the Abu Dhabi sovereign wealth fund, is to step up its real estate investment programme via a joint venture with Pramerica Real Estate Investors. Mubadala Pramerica Real Estate Investors will initially focus on investing in Abu Dhabi and the Middle East but is expected to evolve into a more international platform in time.
2 min read · 24 January 2013
The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.
3 min read · 24 January 2013
BMB Group, founded by Rayo Withenage and Brunei’s Prince Abdul Ali 'Yil-Kabier, has invested an undisclosed sum in Contrarian Capital Partners and its subsidiary Beacon Hospitality Partners SARL. In separate news, former CEO of Irvine Company Michael McKee has joined advisory firm Kennedy Associates as chief executive.
2 min read · 24 January 2013
PERE March issue 2010
2 min read · 24 January 2013
The country’s Ministry of Finance sets rules governing how the sovereign wealth fund will invest 5% of its portfolio in real estate. The fund can target unlisted funds but mainly in developed markets.
3 min read · 24 January 2013
Brookfield Asset Management has been named global firm of the year in the PERE Awards 2009. Normandy Real Estate Partners, Partners Group and MGPA have taken the titles in North America, Europe and Asia. Here we present a full list of the winners.
4 min read · 24 January 2013
The Government of Singapore Investment Corporation has reportedly booked a loss on equity and debt positions taken when Tishman Speyer and BlackRock bought New York City’s Stuyvesant Town and Peter Cooper Village in 2006.
2 min read · 24 January 2013
A heated battle has emerged for PERE’s prestigious title of global industry figure of the year between Lone Star’s John Grayken, Starwood’s Barry Sternlicht, CIC’s Lou Jiwei and Vision Brazil Investment’s Rodrigo Abbud.
2 min read · 24 January 2013