The Indian real estate fund manager appoints the former Indian government housing development chairman, Dr. P S Rana, to head its real estate and infrastructure projects.
2 min read · 22 January 2013
The US firm is to go on the fundraising trail to acquire up to €5 billion of real estate in Europe.
2 min read · 22 January 2013
Jones Lang LaSalle’s hotel and investment management arms announce $250 million joint venture to redevelop and reposition upscale and luxury hotels in high barrier-to-entry US markets.
1 min read · 22 January 2013
Fundraising for Asia shows no signs of abating as the pan-Asian buyout firm raises the region's ‘biggest ever fund’, its first since ending a joint venture with Citi.
2 min read · 22 January 2013
Having nearly deployed all of its $210 million first fund, the South Korea property investor is planning a second fund for the country.
1 min read · 22 January 2013
The Fiscal Policy Institute estimates a two percent tax on carry would produce annual revenues of $160m to $200m – a figure budget-conscious legislators aren’t likely to miss.
2 min read · 22 January 2013
The Swiss alternative asset manager has opened in Luxembourg, where it will use an investor-friendly funds regime to structure products. The firm has already set up some of its funds in the country.
1 min read · 22 January 2013
The Los Angeles-based fund tied to basketball legend Magic Johnson, Canyon-Johnson Urban Fund, has closed its third vehicle on $1 billion saying its strategy of revitalizing urban neighborhoods across the US is a proven success.
2 min read · 22 January 2013
The fund has closed at $1.2 billion, having attracted 16 LPs in Europe, North America, Asia and the Middle East.
2 min read · 22 January 2013
Cordea Savills, the international property fund manager, intends to launch a Turkish opportunistic vehicle to capture mainly retail and residential development projects.
2 min read · 22 January 2013