Singapore-listed development and fund management firm Banyan Tree has raised RMB 953 million for its first China hospitality and resorts fund. The firm aims to hold a final closing for the six-year vehicle in January.
2 min read · 24 January 2013
The combined assets under management of the two firms is expected to be more than $12 billion, according to a report by Japan’s Nikkei.
2 min read · 24 January 2013
The London-based real estate investment and fund management firm has bought a Shanghai shopping mall for the Grosvenor Vega China Retail Fund
2 min read · 24 January 2013
Though it could potentially allow LPs access to China’s domestic private equity industry, LPs want to see the final details before celebrating.
4 min read · 24 January 2013
Bank of America Merrill Lynch’s agreement to a $650 million settlement with the LPs of its Asia real estate fund has caused the entire sector to sit up and take notice. PERE Magazine November 2010 issue.
9 min read · 24 January 2013
As real estate funds eye the Latin American country for opportunities, the heads of the non-profit ADIT group say increasing numbers are looking to private, mid-market partners for deals compared to take-public transactions.
2 min read · 24 January 2013
Richard Johnson, who quit as CEO of Standard Chartered Asia Real Estate Fund in August after the bank parted ways with joint venture partner Istithmar, has joined Swiss bank UBS.
2 min read · 24 January 2013
London-based Europa Capital Partners and Sydney-based REIT, Goodman Group, are to scout land to develop distribution facilities and logistics property across the UK.
1 min read · 24 January 2013
Sniper Capital-managed London-listed Macau Property Opportunities Fund is to begin development on its first investment in mainland China, an industrial warehouse scheme.
1 min read · 24 January 2013
New Delhi-based private equity real estate firm Red Fort Capital has formed a joint venture with local developer Parsvnath Developers to build a 300,000 square foot office. The firm has committed $26 million in equity to the project.
1 min read · 24 January 2013
