The New York-based real estate investment firm has appointed Michael Chen to managing director of global capital markets activities as part of the firm’s efforts to expand its investor base.
2 min read · 08 July 2014
The New York-based real estate and private equity firm will acquire for the second time the Manhattan office building from Shorenstein Properties, seven years after buying it the first time.
2 min read · 08 July 2014
Aberdeen has successfully hit its €300m fundraising hard cap for its first secondaries real estate fund of funds in a further sign that the indirect form of investing in private real estate is gaining traction with investors.
2 min read · 08 July 2014
One of China’s largest developers is sounding out international investors about raising funds for its real estate projects as it adopts an “asset light” business model.
2 min read · 08 July 2014
According to data from PERE’s Research & Analytics division, fundraising for private real estate investment strategies has reached $56.3 billion for the year to date, thanks in no small part to fundraises in Europe.
2 min read · 07 July 2014
The New York firm has bought a London office for £300 million in its maiden deal for a ‘light-fix’ strategy. The seller was Carlyle on behalf of its European opportunity fund.
2 min read · 07 July 2014
The private equity real estate firm led by Gary Garrabrant and Thomas McDonald plans to launch its first institutional fund within the year for which it is understood to be targeting $750m.
3 min read · 07 July 2014
Just a year after launching, the Singapore-based firm has exceeded its final target for both funds upon the first closing.
2 min read · 07 July 2014
Following a particularly acquisitive period, GIC has also taken advantage of the outbound appetite of Chinese developers to make a divestment.
2 min read · 04 July 2014
The removal of Thailand from the strategy of one Asian private equity real estate firm has given rise to debate about how much political upheaval opportunistic investors can handle.
3 min read · 04 July 2014
