Investment Management Group, the Russia-focused company co-founded by Maksim Kunin who took Morgan Stanley into Russia for the first time, has struck a deal to take a stake in Moscow-based Kvartsroy.
1 min read · 21 January 2013
The Abu Dhabi Investment Company, whose real estate arm focuses on mixed-use developments in the MENA region, believes there is a 'window of opportunity' amid declining values.
1 min read · 21 January 2013
The New York Common scandal will tar the reputation of placement agents unless market participants disseminate and enforce a clear distinction between valuable fundraising services and sleazy influence peddling, writes David Snow.
3 min read · 21 January 2013
Royal Bank of Scotland is financing the acquisition of the Royals Shopping Centre in Southend and the Meadows Retail Park in Chelmsford, both in the South East of England. The facility was set up last November.
1 min read · 21 January 2013
The Tellesma Sustainable Real Estate Opportunity vehicle is still on the fundraising trail despite a Middle Eastern investor reportedly pulling out.
1 min read · 21 January 2013
CITIC is reportedly in discussions with Australian bank Macquarie to buy a residential development in the city.
1 min read · 21 January 2013
Counterparties to the largest long-term lease of an airport in US history agreed not to extend a deadline for financial close. A Citi-led consortium secured debt for the deal but fell short in raising more equity for the upfront fee. Chicago intends to rebid the airport.
3 min read · 21 January 2013
Her departure, a possibility PEO reported last week, is a huge blow to ICICI Venture, which is currently in the market for a $1.2bn fund.
2 min read · 21 January 2013
The Japanese fund manager is planning to invest up to 35 percent of its fourth domestic opportunity fund into real estate distressed debt.
2 min read · 21 January 2013
In an effort to attract investors to its $100m Abu Dhabi focused residential fund, the UK fund manager, Lewis Charles Securities, has restructured the vehicle to provide both a dividend and a capital return.
2 min read · 21 January 2013