The state’s municipal retirement plan approved two commitments of $100 million each to Blackstone’s first Asia-focused fund and its latest real estate debt fund.
2 min read · 28 August 2013
The Chinese private equity real estate firm, backed by some of the country’s most prominent businessmen, is hoping to haul RMB6 billion for a property fund investing in mainland China, and it is thinking of raising its first US dollar fund too.
2 min read · 28 August 2013
The Washington DC-based firm has bought a 49 percent stake two large China shopping malls owned by one of the country’s largest developers.
2 min read · 28 August 2013
Real estate deal values and volumes in India almost halved during the past financial year – even though some of the country's largest deals happened during that time.
2 min read · 28 August 2013
SAFE, the $3.3 trillion Chinese sovereign wealth fund, reportedly has set up a second New York office to source private equity and real estate deals.
3 min read · 28 August 2013
Jason Lucas, president of Amstar Global Partners, will head up the new UK office.
1 min read · 28 August 2013
A China focused partnership between the New York-based private equity real estate firm and Shanghai-based real estate asset management company Foresight Investment has made its first exit – to a Renminbi denominated fund.
2 min read · 28 August 2013
Mirae Asset Global Investments has purchased 225 West Wacker Drive for $218 million from a consortium that includes JPMorgan, Hines and CalPERS.
1 min read · 28 August 2013
The hire of Bryan Southergill to be KKR’s first Asia real estate head is another step in the wider trend of private equity firms replacing investment banks as the region’s real estate heavyhitters.
3 min read · 28 August 2013
The takeover sees Ares finally confirm itself as “a significant player” in the private equity real estate market following prior links with large corporate acquisitions.
3 min read · 28 August 2013