A partnership between CapitaLand and Maybank Group is planning to raise a $250m private equity real estate vehicle for Malaysia.
2 min read · 23 January 2013
Private equity firms RREEF and H&Q Asia Pacific have teamed up with Hilton Hotels to build more than 20 hotels in China.
2 min read · 23 January 2013
Investment bank JP Morgan has invested $60m in a 50-story luxury residential building—in what could be the biggest investment ever made in a Mumbai-based developer.
1 min read · 23 January 2013
The UK Treasury has relaxed rules for the introduction of real estate investment trusts, which some believe could offer private equity firms an alternative exit route for property investments.
2 min read · 23 January 2013
The Greenwich-based private equity real estate firm is teaming up with China’s largest hotel operator to develop hospitality projects in the country.
2 min read · 23 January 2013
The financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
In recent years, environmentally friendly hybrid cars have become increasingly prevalent in North America and Europe. Are green offices, home, hotels and shopping centers next? By Alison Granito
8 min read · 23 January 2013
Private equity real estate investors are rushing into Brazil in search of heavenly returns. But amid the aura of political and economic stability, the emerging market risks continue to loom large. By Paul Fruchbom
10 min read · 23 January 2013
In the mid-1990s, Chicago-based Heitman became one of the first major property players to invest in Central Europe. The firm formed a JV in 1996 to develop the Warsaw Financial Center, a 32-story office building that was the tallest building in Eastern Europe. In 2000, the firm launched Heitman Central Europe Property Partners to focus on Poland and the Czech Republic, which closed on $125 million. Slovakia and Hungary were added to the mandate for the second fund, which closed on €175 million in 2002. By the time Heitman launched its third vehicle on €350 million in 2005, it was also looking for opportunities in Estonia, Latvia, Lithuania, Slovenia, Romania and Bulgaria. Otis Spencer, the firm's Warsaw-based portfolio manager, spoke with PERE about the evolution of Heitman's strategy in the region and where the firm is looking for value as competition grows.
4 min read · 23 January 2013
China's explosive economic growth has led to some amazing real estate projects. But what happens if the bubble bursts? By Aaron Lovell
5 min read · 23 January 2013