Fund of funds platform hires senior Grosvenor man in Asia to help it expand its operations in the region.
1 min read · 18 January 2013
Goh Kok Huat has been appointed president of GIC Real Estate as part of a reshuffle of its executive ranks, the larger of Singapore's two sovereign wealth funds said. He replaces Seek Ngee Huat who will now chair GIC's Latin America Business.
2 min read · 18 January 2013
The industrial heavyweights said they can achieve $80m of savings per year through the merger. They added that the combined company has a 'clear growth strategy' to pursue global opportunities.
2 min read · 18 January 2013
A poll of property brokers by Britain's RICS has concluded that the level of distressed property for sale listed on agents’ books in the first quarter of the year increased most in North America, Ireland, Spain and South Africa than in other markets.
2 min read · 18 January 2013
End of an era as DLJ closes its London office to focus the franchise on other parts of the world. DLJ’s European head Carla Giannini is staying with the company.
3 min read · 18 January 2013
The Government of Singapore Investment Corporation has purchased an 80.1% position in an Australian logistics joint venture with ASX-listed Australand, the developer part-owned by Singapore’s CapitaLand.
2 min read · 18 January 2013
The New York-based real estate fund manager has acquired a 4.5m square foot portfolio of warehouses from Pattillo for $170m.
2 min read · 18 January 2013
The C$148 billion pension fund has bought big again, this time acquiring a 50 percent stake in the Northland Shopping Centre in Melbourne from a private Australian real estate investment company.
2 min read · 18 January 2013
Increased transactional activity and borrowing in Asia during 2010 has helped increase the value of global real estate to more than $11 trillion, according to recently released research.
2 min read · 18 January 2013
Specialist marina operator, developer and investor is looking to raise €50m in third party capital to help assemble an international portfolio.
2 min read · 18 January 2013