One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 21 January 2013
Jumpstart Capital Partners, a Los Angeles based real estate investor, is hoping to raise $100m for an opportunity fund aiming to buy from distressed sellers in New Zealand. Jumpstart’s CEO Jason Neal has projected IRRs greater than 40%.
1 min read · 21 January 2013
Cohen & Steers’ global funds of funds chief Stephen Coyle warned that vehicles which bought assets with more than 65% leverage after 2003 are in ‘serious trouble’. Expectations the UK was already starting to recover were wrong though, with the economy likely experiencing a ‘head fake’.
2 min read · 21 January 2013
Real estate has become an institutional asset class, however for ING Clarion’s head of research David Lynn more analysis and ‘rigour’ is needed when thinking about property investments. Lynn shares his thoughts about real estate, portfolio theory and where the next best opportunities could be.
3 min read · 21 January 2013
As private fund managers look to the US public markets to raise capital, one public REIT is looking to a private fund to take advantage of the downturn. By Zoe Hughes
2 min read · 21 January 2013
LaSalle Investment Management has managed to refinance a property in the French capital for its Growth Fund II.
1 min read · 21 January 2013
The New York firm has raised an opportunity fund to acquire mortgage securities, structured products and other opportunities from the US mortgage market.
1 min read · 21 January 2013
Last week Los Angeles-based CBRE Investors held a $100 million close for its Asian fund of funds, the Asia Alpha Plus Fund. One investor swapped out of a commitment to an Asian country specific vehicle to join the fund. Here Jeremy Plummer, head of CBRE’s multi manager business, explains why.
2 min read · 21 January 2013
The quoted opportunistic firm is planning to boost its equity by £219.5m via another share offer.
1 min read · 21 January 2013
The real estate investment arm of Prudential has formed a 10-year joint venture with the development company Corporación GEO targeting low-income housing.
1 min read · 21 January 2013
