The Hong Kong-based firm has held a first close on its $325 million car park fund, banking on the demand for parking space in China’s burgeoning cities.
2 min read · 28 August 2013
Korean capital buying international properties reached $5 billion in just the first half of 2013, in a trend that looks set to continue as Korean institutions seek higher yields, according to a study by Jones Lang LaSalle.
2 min read · 28 August 2013
The fund management arm of the New York-based developer has teamed with the JP Morgan Asset Management subsidiary to originate high-leverage debt for US real estate projects.
3 min read · 28 August 2013
Green REIT, which today revealed that it is seeking a listing on the Irish Stock Exchange, is looking to deliver income and capital growth through ‘opportunistic investments’, as well as active property management and ‘prudent’ use of debt finance
2 min read · 28 August 2013
The real estate investment management business of French insurance giant AXA has won a competitive tender process to acquire 13 offices in Barcelona from and let to Catalan state authorities in a deal valued at €172 million.
2 min read · 28 August 2013
Chinese authorities have completed feasibility studies on REIT regulations bringing the long anticipated investment vehicles a step closer to arriving.
2 min read · 28 August 2013
The private equity real estate investment arm of Bogota-based property developer Terranum has completed fundraising for its first investment vehicle, which will pursue residential and retail projects in Peru, Colombia and Mexico.
2 min read · 28 August 2013
The Washington, DC-based private equity giant is hoping to exit from its investment in China hotel operator New Century Hotel Group via the Hong Kong REIT market, expecting Hong Kong and international investors to pay $254 million for the company and its portfolio.
2 min read · 28 August 2013
New ‘powerhouse’ created as TIAA-CREF combines its Asia and Europe property business with that of Henderson Global Investors. The transaction, which also includes TIAA-CREF buying Henderson’s US business, is valued at $176.6 million.
5 min read · 28 August 2013
A combination of £200 million in fresh investment and cancelled redemptions has helped stave off collapse of UBS Global Real Estate’s flagship fund in the UK.
2 min read · 28 August 2013
