In the same month as the real estate unit of Mumbai-based Kotak Investment Advisors closed on a high yielding debt fund for domestic investors, PERE has learned it is already planning to raise in the region of $350m for its next India-focused offshore vehicle.
2 min read · 18 January 2013
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
3 min read · 18 January 2013
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
2 min read · 18 January 2013
China Investment Corporation has joined Singapore-listed logistics specialist Global Logistic Properties in its acquisition of most of the assets of LaSalle Investment Management’s first Japanese logistics fund.
3 min read · 18 January 2013
The Toronto-based alternative investments firm has struck a joint venture with Peninsula Land, the real estate business of Indian financial conglomerate Ashok Piramal Group, ahead of a first fund slated for early 2012.
1 min read · 18 January 2013
The New York-based real estate advisory firm has opened offices in Hong Kong and London as part of its global expansion, which also marks the firm’s entree into the third-party capital raising arena.
3 min read · 18 January 2013
The largest investors in the $4.7bn Morgan Stanley Real Estate Fund (MSREF) VII Global have notionally agreed to extend its investment period by 12 months in return for the cancellation of $700 million of capital commitments and a small reduction on various fees.
2 min read · 18 January 2013
The Hong Kong-based private equity real estate firm has added to its initial $220m first closing for its second Asia opportunity fund, ARCH Capital-TRG Asian Partners LP. The firm is ultimately targeting up to $500m for the pan-Asia vehicle.
2 min read · 18 January 2013
Patrick Wu, a director in CIC’s real estate division, is slated to take the top job as incumbent Collin Lau enters a transitional period ahead of a switch to the $400 billion state fund’s private equity division.
3 min read · 18 January 2013
The New York-based fund manager has hit the fundraising trail with its latest US value-added fund. AREA will target commercial properties across the US.
1 min read · 18 January 2013
