Even with $3 trillion in reserves, China’s institutional investors are ‘conservative’ when it comes to investing in private equity real estate, and it could take several years for China’s LPs to get comfortable with real estate investing, delegates heard at the PERE Asia Summit.
2 min read · 27 August 2013
The global head of real estate at The Blackstone Group told delegates at PERE’s sixth annual conference how the firm’s competitors have dissipated just as the world’s real estate markets throws up compelling opportunities.
3 min read · 27 August 2013
Temasek-owned Mapletree Investments says it is launching the first ever REIT to target the ‘robust’ commercial property markets of both Hong Kong and Greater China.
2 min read · 27 August 2013
In a rare foray into alternative real estate assets in Asia, the Chinese state-owned conglomerate and Dutch pension fund manager have each committed $120 million to an investment vehicle focused solely on car parks in China.
3 min read · 27 August 2013
The project, which is expected to cost about $620 million, represents the Chinese developer’s first investment in North America.
2 min read · 27 August 2013
On behalf of its 2004 global opportunity fund, Morgan Stanley Real Estate Fund V International, the real estate unit of investment bank Morgan Stanley has agreed the sale of the LifeHub@Jinqiao shopping centre to a JV between subsidiaries of Singapore-based conglomerate Keppel Group.
2 min read · 27 August 2013
The Chicago-based real estate investment management firm is expecting bids of around $1bn for eight assets in Tokyo and Osaka held by its second logistics fund, LaSalle Japan Logistics Fund II.
2 min read · 27 August 2013
RREEF Real Estate has acquired One Angel Square in Manchester, reportedly as part of a consortium that includes Ginkgo Tree, which ultimately is held by the Chinese Government’s State Administration of Foreign Exchange.
2 min read · 27 August 2013
The firm led by Suchad Chiaranusatti has appointed LaSalle's Andrew Heithersay as a managing director, bringing to a close his 21-year tenure with the Chicago-based firm.
2 min read · 27 August 2013
In this month’s issue of PERE, we talk with the Asia team at The Blackstone Group just as they prepare to ramp up their investment activities in the region.
3 min read · 27 August 2013