Prudential Corporation Asia, Warburg Pincus and other undisclosed firms are reportedly investing $300m in Bangalore-based property developer MetroCorp. The developer is targeting 6,000 acres in India.
1 min read · 22 January 2013
The Australian property group, which has a stand at this year’s Expo Real property show, has hired Robert Rackind to join its European team.
1 min read · 22 January 2013
The energy-related company will change private equity sponsors for the third time. New York-based Harvest Partners bought Aquilex from First Reserve last March and grew the company into a $550m industrial service provider.
1 min read · 22 January 2013
The bailout of the German commercial property lender, Hypo Real Estate – which is partially owned by private equity firms JC Flowers and Grove International – could prompt investors to wait for further distress to enter the market, according to ING Real Estate's European chief investment officer Will Rowson at ExpoReal.
3 min read · 22 January 2013
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
2 min read · 22 January 2013
Investor confidence in the sector remains strong with a total of 79 private equity real estate deals made between August 2007 and August 2008, according to a report by Cushman & Wakefield.
1 min read · 22 January 2013
The Kuwait-based investor’s latest development follows on the debut earlier this year of its $500m Shariah-compliant real estate vehicle, Global GCC Real Estate Fund II.
1 min read · 22 January 2013
The private equity real estate firm has picked up two industrial properties, acquired through its value-added Hampshire Partners Fund VII and its Hampshire Generational Fund.
1 min read · 22 January 2013
The charitable foundation of Jeremy Coller, founder of UK secondaries firm Coller Capital, has made a ‘multi-million pound’ commitment to help create a private equity education and research institute at London Business School.
2 min read · 22 January 2013
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 22 January 2013
