The Dubai-based investment bank says it will avoid regulatory conflicts from a dual listing, as well as boost liquidity and trading volume by remaining traded only in Dubai.
1 min read · 21 January 2013
The South Carolina theme park, backed by publicly listed Israeli holding companies Africa Israel Investment and Polar Investments, failed to find a buyer while in bankruptcy and will liquidate just nine months after opening.
1 min read · 21 January 2013
The Singapore-listed leisure resort manager and developer aims to complete fundraising for the Vietnam, Cambodia and Laos development-focused fund this quarter. It is targeting between $300m and $400m.
2 min read · 21 January 2013
The $35bn United Nations Joint Staff Pension Fund will start investing in funds of hedge funds and private equity. It will also expand its real estate portfolio, currently valued at around $1.8bn, to include infrastructure, agricultural land and timberland.
1 min read · 21 January 2013
Alex Edwards will spearhead the placement agent’s development in South Asia, New Zealand and his home country of Australia.
1 min read · 21 January 2013
The firms have held a $150m first close and expect to raise $200m by the end of the first quarter.
1 min read · 21 January 2013
The Australian infrastructure specialist believes that it will be in a negative net asset position as of 31 December 2008 as a result of impairment charges, which will come from non-core assets being marked-to-market prior to being sold.
2 min read · 21 January 2013
European private equity firm Doughty Hanson has completed its eleventh purchase for its €590 million ($801 million) Doughty Hanson & Co European Real Estate II fund.
2 min read · 21 January 2013
The transformation of Atrium European Real Estate continues with the hire of a chief financial officer.
2 min read · 21 January 2013
During 2008, office vacancy rates in the prime New York City location increased by 43% – with sublease space accounting for a third of all Class A availability in midtown Manhattan.
1 min read · 21 January 2013