Indian housing lender HDFC will function as an ‘asset reconstruction fund’ targeting developers facing a tougher real estate market. Along with its asset management unit, HDFC will acquire distressed real estate projects in the country.
1 min read · 22 January 2013
Carlyle is making up for losses with some burned investors, reveals David Snow.
2 min read · 22 January 2013
A special report in PERE magazine reveals a secretive firm that is building out its franchise in Asia and Central and Eastern Europe. The real estate investment arm of Goldman Sachs’ fundraising prowess has been undeterred by some LPs who see a dizzying array of fees cutting into net performance.
2 min read · 22 January 2013
The McLean, Virginia-based firm has swooped on GE veteran Karim Habra as well as Christopher Zeuner and Petr Kosar to boost activities in Central and Eastern Europe.
2 min read · 22 January 2013
Investors should look beyond ‘volatile’ short-term concerns in Europe and focus on longer-term issues such as economic growth, liquidity and risk-adjusted performance, according to a report by UK real estate fund manager, Invista. Germany, it said, was one of the most attractive locations.
2 min read · 22 January 2013
UFG, a Moscow-based real estate investment firm, says it has made aggregate net IRRs of 71 percent from exiting four plots of a large-scale development project near St. Petersburg.
1 min read · 22 January 2013
Thus far, the majority of the opportunity funds have been conservative in their approach to the UK. Slowly yet surely, they are moving in.
2 min read · 22 January 2013
Dominic Petrucci, former chief operating officer of Cornerstone Real Estate Funds, has joined the firm as chief financial officer.
1 min read · 22 January 2013
The Singapore developer and real estate investment firm looks to increase its exposure to Asia’s emerging markets just as it sells the Capital Tower Beijing complex for $352m. It first acquired the property three years ago, while it was under construction.
1 min read · 22 January 2013
The real estate development and investment firm acquires 310 acres of industrial land in South Carolina saying increasing costs at West coast ports and rising demand from Asian shipping companies is boosting the attractiveness of East coast shipping-related investments.
1 min read · 22 January 2013
