The Indian company has reportedly bought a 30 percent stake on JB Pharma’s special economic zone, a future hub for pharmaceutical manufacturing, for $15m. The deal was made through the $525m ILFS India Realty Fund I.
2 min read · 22 January 2013
The London-based financial services group is hoping to tap the UK, United Arab Emirates and investors from the wider Gulf region to target property in Abu Dhabi.
1 min read · 22 January 2013
The size of the infrastructure opportunity is almost unfathomable. It is screaming out for private investors.
2 min read · 22 January 2013
Sohil Chand, formerly with Goldman's Asian special situations team, will be responsible for making growth equity investments in Indian companies.
2 min read · 22 January 2013
Thirteen Asia-focused funds, which also invest in Greater China, raised $19bn in the third quarter, with growth funds accounting for the most capital raised.
2 min read · 22 January 2013
The student accommodation fund operated by the UK's UNITE Group has £30 million of asset sale proceeds in the London branch of Landsbanki, the Icelandic bank that has plunged into a form of administration. The firm says it is doing all it can to recover the money.
1 min read · 22 January 2013
The total capital raised by dedicated Asia real estate vehicles in 2008 to date has surpassed those targeting all other regions worldwide, according to data by PERE.
2 min read · 22 January 2013
The private equity real estate arm of Prudential Financial has bought two office properties in Lyon from Invista's publicly listed real estate trust. The offices are let to IBM, BASF Agro, Scotts France and Merial SAS. Invista will use the proceeds to pay down debt.
1 min read · 22 January 2013
The fund of funds manager is looking to close its debut real estate fund on its €200m hard cap by the end of 2008. The firm is also pencilling in 2009 for the launch of its next buyout fund.
1 min read · 22 January 2013
The world's largest owner of infrastructure assets will now raise third-party capital to back infrastructure GPs around the globe.
2 min read · 22 January 2013
