The Duke of Westminster's property company wants to invest in Chinese shopping malls, according to a report.
1 min read · 22 January 2013
The fund will invest in private equity and special situation portfolios in South Korea and Asia Pacific.
1 min read · 22 January 2013
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 22 January 2013
The placement agent has moved Franklyn Chang from its Connecticut office and hired former UBS placement agent Christophe Pietersen and Stephanie Brendel, previously with Bear Stearns.
1 min read · 22 January 2013
The industrial property investment firm has paid $44m for the 392,000-square-foot distribution warehouse in Icheon City. The firm’s Korea-focused fund raised $500m last year and has acquired 14 properties and developments to date.
1 min read · 22 January 2013
Executives at the private equity real estate group are searching for a new sponsor for the firm’s latest opportunity fund, which closed on $3.2bn days before the investment bank collapsed. The stake is worth a reportedly $780m.
1 min read · 22 January 2013
The placement agent has moved Franklyn Chang from its Connecticut office and hired former UBS placement agent Christophe Pietersen and Stephanie Brendel, previously with Bear Stearns.
1 min read · 22 January 2013
The private equity real estate arm of Jones Lang LaSalle is reportedly eyeing property bargains in Japan, China and Australia, after raising $3bn for its latest fund. People familiar with the matter told PERE, the fund has 80% capital left to invest.
2 min read · 22 January 2013
Department store Mervyns, bought in 2004 by Lubert-Adler, Cerberus and Sun Capital for $1.2bn, will liquidate after filing for bankruptcy protection in July. Mervyns blamed the decision by its private equity-backers to separate its real estate assets from the operating company as the reason for the failure.
2 min read · 22 January 2013
Stauffenberg Capital’s first fund of funds will be exclusively advised by real estate advisor Townsend as it seeks to capitalise on the dislocation in the markets. A first close is planned by the end of the year.
2 min read · 22 January 2013
