Amid plenty of doom and gloom, there were some rays of light to encourage delegates of the PERE Summit: Europe to think positively about the region.
3 min read · 17 January 2013
The A$150bn retirement fund has acquired an initial A$400m of Australian logistics properties from Goodman and plans to invest with the ASX-listed group in A$500m more. The deals down under are intended to spark a global investing joint venture.
2 min read · 17 January 2013
Pius Ho’s start-up venture, Moonbridge Capital, has included a half-time strategy vote in the investment period of its debut fund. The measure provoked discussion in the industry. PERE Magazine, June 2012 issue.
1 min read · 17 January 2013
The state retirement plan has approved a commitment of $75 million to LaSalle Asia Opportunity Fund IV, which is targeting up to $700 million.
2 min read · 17 January 2013
To the delight of GPs, India's regulators have unveiled a comprehensive framework for the country's alternative assets industry. New regulation will require all alternative investment funds, which includes real estate, to register with the Securities and Exchange Board of India.
2 min read · 17 January 2013
Investors in the Hong Kong-based firm’s CR China Retail Real Estate Development Fund I are expected to vote next month on whether it continues investing from the $466 million vehicle after the resignation of key man Rong Ren earlier this month.
3 min read · 17 January 2013
A cocktail of firms, including Gaw Capital, a major US institution, the Italian Fingen Group of the Fratini family and Sino-US company Waitex, have clubbed together for a designer outlet joint venture, with Henderson Global Investors acting as investment advisor alongside the RE development arm of Fingen.
2 min read · 17 January 2013
A major senior executive reshuffle at Hong Kong-based hedge fund-cum-private equity real estate firm Winnington Capital sees former CEO Wong's duties assumed by founder and chairman Kenneth Hung and ex-Asia Pacific Land, Warburg Pincus and GE Real Estate executive Philip Mintz.
2 min read · 17 January 2013
The New York-based investment firm’s head of research and investment strategy has left to pursue other opportunities. His second-in-command, Tim Wang, has assumed his responsibilities.
2 min read · 17 January 2013
Just days after the Hong Kong firm announced the departure of founder and chief executive officer Rong Ren, its head of capital raising and business development, George Agethen, has handed in his notice. He is one of approximately 10 others to leave.
2 min read · 17 January 2013