Versus' new fund of funds for retail investors has the potential to transform the real estate industry the same way REITs did.
3 min read · 18 January 2013
Versus' new fund of funds for retail investors has the potential to transform the real estate industry the same way REITs did.
3 min read · 30 January 2013
The New Delhi-based private equity real estate firm has raised $79m in a first closing for its Red Fort India Real Estate Fund II, according to filings with the SEC. The firm’s ultimate capital raising target for the vehicle is $500m
2 min read · 18 January 2013
The Blackstone Group has agreed to buy Australia’s Valad Property Group in cash, with an equity outlay of around $226m.
1 min read · 18 January 2013
Fir Tree Partners, a New York private investment firm with a 4.3% stake in ProLogis European Properties, says ProLogis’ takeover approach undervalues the company, and cites concern about conflict of interests.
4 min read · 18 January 2013
The $300 billion Exchange Fund managed by the Hong Kong Monetary Authority last year made its first investments into real estate, according to its latest annual report. The fund has reportedly also been used to invest in private equity.
2 min read · 18 January 2013
New York state will enforce a permanent ban on elected officials, lobbyists and all placement agents, whether paid or unpaid, from doing business with New York’s giant pension fund.
2 min read · 18 January 2013
The European spinout from Bank of America Merrill Lynch’s Global Principal Real Estate Investments business, has sold a German residential complex on behalf of Peakside Real Estate Fund I, one of two funds it inherited from the Wall Street Bank.
2 min read · 18 January 2013
The start-up firm Almacantar has bought Centre Point next to London’s busiest shopping street, with a loan provided by Eurohypo.
1 min read · 18 January 2013
The alternative investment management business of Deutsche Bank has won a KRW500bn separate account mandate to invest in core markets around the world from Samsung Life Insurance. The mandate brings RREEF’s capital under management in Asia to the $3bn mark.
3 min read · 18 January 2013
