How to get the most benefit from public-private partnerships? It’s a question the whole of the US is wrestling with. In early June, Infrastructure Investor staged our annual Southeast Forum to find out how Florida, Georgia and Puerto Rico are becoming PPP pioneers.
7 min read · 24 January 2013
As Morgan Stanley Real Estate Investing looks to invest its $4.7bn opportunity fund, the firm’s CEO of Japan, Yoshihiko Shigenari, says ‘speed and leverage’ are no longer the most critical elements of a deal. In China, MSREI’s head of Asia, Hoke Slaughter, says development deals ‘could make sense’.
2 min read · 24 January 2013
A joint venture fund between Mumbai based investment firms IL&FS and Milestone Capital Advisors has purchased a 74% stake in 247Park, a large business park in “the upcoming business corridor” in the Vikhroli area of the city.
2 min read · 24 January 2013
A tax row involving UK mobile phone giant Vodafone and India’s revenue service might seem irrelevant to real estate funds operating in the country, but it actually has important implications
3 min read · 24 January 2013
In investing its $4.7 billion G7 fund, Morgan Stanley Real Estate Investing says it will be more disciplined and targeted in the deals it sources. The US, Western Europe and Japan will be the fund’s primary focus. PERE magazine June 2010
8 min read · 24 January 2013
Morgan Stanley Real Estate Investing has just closed its latest opportunity fund on $4.7bn. In closing the largest private equity real estate fund post-Lehman, MSREI is refocusing attention on its future, rather than the recent past. MSREI CEO Owen Thomas and CIO Jay Mantz talk about the challenges of the past 18 months – and how the New York-based platform is investing its capital once again.
10 min read · 24 January 2013
The Swiss firm's twelfth office will support investment activities and client relationships in the Middle East and India.
2 min read · 24 January 2013
Argonaut Private Equity, an investment firm of US billionaire George Kaiser, has teamed up with hotel real estate and management company Aimbridge Hospitality for a $100m co-investment fund. The partnership marks Argonaut’s foray into hotel investments.
2 min read · 24 January 2013
The Makena Beach & Golf Resort in Hawaii has been sold at a foreclosure auction for a reported $55m, snapped up by the hotel’s mortgage holders led by Wells Fargo. The auction marks a substantial discount on the resort’s 2007 price tag of $575m, when it was acquired by Morgan Stanley Real Estate Fund V and developer The Dowling Company.
2 min read · 24 January 2013
Participants at last month’s UK Roundtable say the incoming directive on Alternative Investment Fund Managers will lead to a more professional sector and is not something that should be feared, however a lobby effort on some of the more draconian elements would be welcome.
2 min read · 24 January 2013
