A consortium led by Shanghai-based conglomerate Fosun Group is reported to have raised approximately $900 million for a private equity real estate fund aimed to be used to invest in Chinese real estate developments.
1 min read · 24 January 2013
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
4 min read · 24 January 2013
New York private equity firm Apollo Management is reportedly buying loans backed by European assets
1 min read · 24 January 2013
The international real estate investor and fund manager pays $54.5m for a 730-unit complex in Plano
1 min read · 24 January 2013
An opportunity fund, European Property Investors Special Opportunities, has bought a completed centre with expansion plans in Slupsk
1 min read · 24 January 2013
The firm will target slightly more for the fourth private equity fund than the $700m it raised for Fund III. Earlier this year, Blackstone bought a 40% stake in Patria for $200m.
2 min read · 24 January 2013
The senior management of HSBC’s infrastructure and real estate arm, HSBC Specialist Investments, will buy an 80% stake in the unit from the parent bank. The management buyout is expected to be completed in the first quarter of 2011.
2 min read · 24 January 2013
The Inter-American Development Bank approved the loan as a way to ‘foster more participation’ in the fund. Macquarie also released details of the fund’s recent purchase of Decarred, a company that maintains 10 stretches of highway in the US-border state of Durango.
3 min read · 24 January 2013
A core fund managed by JP Morgan Asset Management focussed on Europe and the US has bought the landmark OpernTurm tower from Tishman Speyer and UBS in a joint venture with the Government of Singapore Investment Corporation.
2 min read · 24 January 2013
The London-based firm has acquired a package of 12 properties from private real estate firm Propinvest.
2 min read · 24 January 2013
