Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 24 January 2013
Under a pilot programme launched by the Shanghai government, so-called qualified foreign limited partners will be able to commit up to 50% of one onshore fund’s capital. Beijing and Tianjin are also said to be awaiting approval for the same programme.
2 min read · 24 January 2013
Our conference team are currently constructing the programme for the forthcoming 2011 PERE Forum: Asia and want your help.
2 min read · 24 January 2013
The New York-based alternative assets manager, has reached its revised capital raising target for its second Asia private equity real estate fund. Including its own resources, the firm will have $800m of equity capital to invest.
1 min read · 24 January 2013
Despite more than $450bn of private equity sitting on the sidelines of the US real estate market, professionals have warned 12% to 15% will be ‘the new 25%”.
2 min read · 24 January 2013
Peng Zhao has taken over at the Swiss firm's Beijing office, following the departure of former China head Linda Cai. Part of his mandate will be to up direct investments in the country.
2 min read · 24 January 2013
The Hong Kong-based firm is eyeing another $200m in commitments over the next three months for its Trophy Property Development II vehicle. Fund I raised more than $1bn in 2008.
2 min read · 24 January 2013
The London-based real estate investment management firm has acquired the property fund management division of Close Brothers, which is seeking to concentrate on its core businesses.
2 min read · 24 January 2013
As part of the agreement, the general partner responsibilities of the $2.65bn Asian Real Estate Opportunities Fund are expected to transfer to Blackstone.
4 min read · 24 January 2013
Switzerland is home to some of private equity’s most important LPs. PEI tapped into the investor community to ask what the industry will look like in the future.
4 min read · 24 January 2013
