The Canadian Pension Plan will continue to target the asset class after its real estate portfolio rose in value by C$2bn in the six months to September.
2 min read · 24 January 2013
Singapore-listed development and fund management firm Banyan Tree has raised RMB 953 million for its first China hospitality and resorts fund. The firm aims to hold a final closing for the six-year vehicle in January.
2 min read · 24 January 2013
German pension funds, foundations, insurance companies and family offices have invested in the open-ended core fund, DIC Office Balance I
1 min read · 24 January 2013
Partners Capital, a London- and Boston-based investment office which advises $6bn in capital, is about to plant its first flag in Asia as a way of tapping into rising domestic fund manager talent.
2 min read · 24 January 2013
The firm expects to raise another $275m for the fund by the end of the year and also picked up a $1.1bn separate account for Korea’s National Pension Service
3 min read · 24 January 2013
In seeking to maximise the value of its portfolio, the estate of Lehman Brothers has made another investment in its legacy assets – this time through its partnership with Monday Properties
3 min read · 24 January 2013
The Greenwich, Connecticut-based firm said it would keep its new São Paulo operations “lean” by targeting local partners for project-level deals and as possible entity-level investments for Starwood.
2 min read · 24 January 2013
A new player in UK private equity real estate has emerged, as Wainbridge Capital reaches a first close of £50m for a value-added fund with equity mainly from wealthy Russians.
3 min read · 24 January 2013
Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
2 min read · 24 January 2013
Singapore-based Pacific Star has appointed former Jones Lang LaSalle executive Leslie Chua as senior vice president, research and strategic planning for Asia Pacific.
2 min read · 24 January 2013