The two institutional investors have led a $920 million capital raise to acquire a strategic interest in Chongbang, a Shanghai-based developer, owner and operator of retail-anchored mixed-use projects.
2 min read · 23 June 2015
The travails of one of China’s highest profile private real estate investment funds are all but over after it emerged its investors will recoup most of the money they once feared would be lost.
3 min read · 22 June 2015
The Hong Kong-based private equity firm has closed its third pan-Asia value-added fund at its hard cap of $1 billion and has already deployed 25 percent of the capital.
2 min read · 19 June 2015
The real estate investment management business of London-listed property services firm Savills has raised £50m, mainly for its London residential development fund, via the formation of a partnership with newly-formed Chinese investment company, China Minsheng Corporation.
2 min read · 16 June 2015
The Hong Kong-based private equity real estate firm, CLSA Capital Partners has reached a final close on its third real estate fund in the Fudo series.
2 min read · 15 June 2015
Suchad Chiaranussati’s innovative plan to transform a cruise liner into a hotel in Rangoon has been halted as a result of escalating costs associated with its mooring.
2 min read · 12 June 2015
For its first sector-specific fund, the Hong Kong-based private equity real estate firm raised more than two-thirds of the capital from its main Gateway fund series investors and one-third from its latest fund.
2 min read · 10 June 2015
The closed-ended strategy will invest across senior and subordinated private corporate, real estate, infrastructure and public corporate debt alongside select distressed investments.
2 min read · 10 June 2015
The real estate investment management business of the London-headquartered property services firm Savills has reached a first close for a maiden vehicle focused on offices in Tokyo.
2 min read · 08 June 2015
Despite fears of an economic slump, many investors are still bullish, though more selective, on buying properties in China, heard delegates at the PERE Forum.
3 min read · 04 June 2015