The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.
2 min read · 21 January 2013
Forum Partners has expanded its business by buying the global real estate securities platform of Citi Alternative Investments. The deal sees Forum inherit a platform responsible for managing $450m of equity.
1 min read · 21 January 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 21 January 2013
Just as Starwood Capital plans a $500m debt IPO, Colony Capital also launches its own debt vehicle, Colony Financial. This is the first time Colony has managed a REIT, according to regulatory filings.
2 min read · 21 January 2013
Delhi-based Unitech has raised $575 million through a share issue as it seeks to reduce its debts and take advantage of investor appetite for affordable housing.
1 min read · 21 January 2013
The duo have left the Los Angeles-based real estate investment firm. The placement agency they co-founded in 2001, Wetherly Capital, was mentioned in a legal complaint regarding the New York pay-to-play scandal. Wetherly has not been accused of any wrong-doing.
1 min read · 21 January 2013
James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 21 January 2013
ProLogis European Properties, the listed European division of Denver-based ProLogis, has sold five distribution assets in the UK to the US alternative asset management firm, Harbert Management Corporation.
2 min read · 21 January 2013
The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
The former Starwood Capital vice chairman takes over the day-to-day running of JE Robert Companies from Joseph Robert, who has been undergoing treatment for brain tumours. Robert will become executive chairman.
2 min read · 21 January 2013
