The real estate investment arm of Singapore developer Keppel Land has closed its second Macro Trends fund on $1.65 billion, equal to the largest capital raising for private real estate investments in Asia since the start of the global financial crisis.
3 min read · 28 August 2013
The San Francisco-based private real estate investment firm will inject fresh capital into the development of two office buildings within a vast mixed-use community owned by Deutsche Asset & Wealth Management and Endeavor Real Estate Group.
2 min read · 28 August 2013
The London-based private equity firm that last week shelved plans for a €1.1 billion initial public offering of its German residential property company, Deutsche Annington Immobilien, amid ‘adverse market conditions’, has announced it is coming back for a second tilt.
2 min read · 28 August 2013
The Sydney-based firm’s open-ended logistics real estate fund has attracted €550 million in fresh equity from institutional investors although it stated it there was €900 million trying to get in. Together with a bond issued in March, the fund now has more than €800 million in firepower.
2 min read · 28 August 2013
Chinese insurer Ping An has completed its first overseas real estate investment, acquiring for £260 million, the Lloyd’s Building in London from German real estate company Commerz Real.
2 min read · 28 August 2013
The Boston-based real estate investment manager has sold its interest in two US hotel properties, both of which the firm acquired two years ago on behalf of its third real estate fund.
2 min read · 28 August 2013
Property now shares the top spot with direct hedge funds when it comes to the value of assets within the alternative investment universe, according to a new report by Towers Watson.
2 min read · 28 August 2013
The New York firm has bought Greensborough Plaza, a large retail mall in Melbourne, for A$360 million. It was the first deal for its Asia fund, which held a first close just last month.
2 min read · 28 August 2013
Stockholm-based private equity real estate firm Andersson Real Estate Investment Management has earned fresh commitments from two more LPs to take its final capital tally for AREIM Fund II to €324 million at the final close.
1 min read · 28 August 2013
The Singaporean sovereign wealth fund is strengthening its presence in the West amid expectations of higher interest rates and slower growth in Asia.
2 min read · 28 August 2013