The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
Two firms led by former Blackstone Real Estate Advisors and Related Companies executives have formed AWH Partners, a new venture that is targeting investments in the hotel real estate sector, where transaction activity has been heating up.
3 min read · 17 January 2013
The New York-based private equity and real estate titan captured awards in eight of the nine categories for which it was nominated, underlining the firm’s dominance in 2011. Other notable victors include CBRE, Fortress and APG.
2 min read · 17 January 2013
John Gray of New York’s Blackstone Group has been promoted to the main board of directors. His ascension to the top table comes shortly after he became sole head of the firm’s real estate platform.
2 min read · 17 January 2013
The Rohatyn Group has acquired a 60% stake in mid-market infrastructure private equity firm CapAsia, which focuses solely on non-BRIC emerging Asia. CapAsia has over $400m of assets under management.
2 min read · 17 January 2013
The New York-based private equity giant has designated Jonathan Gray as its sole global head of real estate as Chad Pike dedicates more time to Blackstone's entire European platform.
2 min read · 17 January 2013
The joint venture fund between Johannesburg-based Rand Merchant Bank and Westport Property Group has almost raised half the $250 million of equity it aims to corral for its sub-Saharan development fund, thanks partly to an investment from an Abu Dhabi investor.
2 min read · 17 January 2013
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
2 min read · 18 January 2013
The Chicago-based shopping centre REIT, which was recapitalised by Brookfield's turnaround consortium last year, has chosen the former Equity International exec to head up investor relations.
1 min read · 18 January 2013
Rob Wesselo, managing partner of International Housing Solutions (IHS) is forecasting the imminent birth of the listed rental housing sector in South Africa giving his firm a wider pool of exit options for its debut fund and incoming successor fund.
5 min read · 18 January 2013
