Korea Teachers’ Credit Union, the Korean public pension, is aiming to increase its net overseas real estate assets under management to around KRW 3.8 trillion ($3.5 billion; €2.9 billion) in 2018, an increase of KRW 600 billion from its current AUM. Speaking at PERE’s annual real estate conference in Seoul, Sung Seog Kang, chief investment […]
2 min read · 30 November 2017
Phoenix Property Investors has exited its investment in Enterprise Square III for around $171 million, generating a gross post-tax IRR of 50 percent. The sale marks the seventh exit from Phoenix Asia Real Estate Investments V, which the firm closed on $750 million at the end of 2013. The firm has made 19 investments so […]
2 min read · 29 November 2017
The pension is also planning to diversify its real estate portfolio into core and core-plus strategies in North American and European cities for higher yields
1 min read · 29 November 2017
The real estate investment division of the private equity firm Baring Private Equity Asia has been paid off for one of the largest real estate loans for a land development play in the Philippines.
2 min read · 27 November 2017
The Hong Kong-based private equity real estate firm has undergone an MBO as it readies its fourth opportunity fund.
2 min read · 22 November 2017
Peter Kim’s hire as managing director for Asia reflects QuadReal’s growing ambitions for investing in the region.
2 min read · 22 November 2017
In its latest China deal, Allianz Real Estate has invested $225m in the TH Real Estate China outlet mall vehicle.
2 min read · 20 November 2017
With its re-up, APG Asset Management has now committed $450m to Virtuous Retail South Asia, the India retail platform set up in partnership with The Xander Group.
2 min read · 16 November 2017
Chinese pair Suning Commerce Group and Shenzhen Capital Group are aiming to create a RMB 30 billion ($4.5 billion; €3.8 billion) logistics platform after pairing up to acquire retail giant Suning’s mature warehouse facilities and other high-standard logistics properties. The pair announced that they have set up a vehicle which will initially raise RMB 5 […]
2 min read · 16 November 2017
The Toronto-based alternative asset manager’s vehicle is on track to be the largest real estate debt fund to close this year.
3 min read · 14 November 2017
