The Tokyo-based firm is going for its biggest fundraising yet for its Secured Capital Real Estate Partners V real estate opportunity fund. The firm, formerly known as Secured Capital Japan, could spend up to 40% of the vehicle’s equity in China.
2 min read · 18 January 2013
Cerberus’ abandoned deal to acquire US hotel chain Innkeepers may signal a return of firms exercising Material Adverse Change or Material Adverse Effect Clauses in response to global market uncertainty.
2 min read · 18 January 2013
The Dutch group has entered into a five-year partnership with a developer to build apartments for first-time buyers in Macau, an area heavily dependent on gambling and tourism.
2 min read · 18 January 2013
According to the investment advisory group, the number of Asian private equity real estate funds to come to market in the first half of 2011 has almost matched the whole of last year.
2 min read · 18 January 2013
Both vehicles have $320 million in equity commitments and a combined investment capacity of $850 million for multifamily development.
1 min read · 18 January 2013
Denmark’s ATP Real Estate has selected two funds as part of its programme to invest €700m in unlisted real estate, joint ventures and club deals, including a first commitment to a Morgan Stanley real estate fund.
2 min read · 18 January 2013
Blackstone, Starwood duo receive backing from one of the world’s richest men to launch Crosstree Real Estate Partners in a bid to invest in up to £1bn of property in the UK and possibly further afield into Europe.
1 min read · 18 January 2013
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
2 min read · 18 January 2013
The San Francisco firm has raised $155 million of its $400 million target for its latest value-added vehicle.
1 min read · 18 January 2013
The Japanese powerhouse’s property subsidiary, Diamond Realty Management, has launched a real estate fund to invest in Japanese data centres.
2 min read · 18 January 2013