Shortly after announcing Singapore’s largest office letting since the credit crunch, MGPA has secured Starwood Hotels and Resorts’ hotelier Westin for the second tower of its two-tower Marina Bay development.
1 min read · 24 January 2013
The London-based firm has hired former Invesco Real Estate professional Jochen Schäfer-Surén as a partner as it seeks to grow into the hotel and leisure sector.
2 min read · 24 January 2013
The US firm is committing to a £37m JV with operating partner, The Local Shopping REIT, to invest in retail parades and precincts.
2 min read · 24 January 2013
The firm, founded by Jeff Krasnoff and backed by Lennar, has already acquired one of the largest FDIC portfolios to date for its Rialto Real Estate Fund, which is believed to be targeting $750m.
2 min read · 24 January 2013
The real estate policy announced on Sunday by China’s government has been interpreted by many as a clamp-down on international commercial property investors. However, much has been lost in translation, PERE sources say.
2 min read · 30 January 2013
The Swiss-headquartered alternatives firm has already deployed 30 percent of its equity in regions including North America, Latin America, Europe and Asia Pacific.
1 min read · 24 January 2013
Former Morgan Stanley Real Estate Investing Asia Pacific head Zain Fancy has left his position at New York-based private equity firm Och-Ziff Capital Management Group, two years after joining.
2 min read · 24 January 2013
The real estate policy announced on Sunday by China’s government has been interpreted by many as a clamp-down on international commercial property investors. However, much has been lost in translation, PERE sources say. By Jonathan Brasse.
2 min read · 24 January 2013
It has been reported that China’s State Administration of Foreign Exchange has allowed the Shanghai government to greenlight the conversion of $3bn into RMB for investment into private equity funds. Whether this money will be treated as local capital still remains unclear.
3 min read · 24 January 2013
The $8.8bn pension is shifting its focus to private real estate, away from REITs, as it increases its allocation to the sector.
2 min read · 24 January 2013
