The pension fund of UK local authority, Bath & North East Somerset Council, is taking advantage of the repriced US core real estate debt market via Partners Group.
1 min read · 21 January 2013
Following a nine-month investigation, the bank reportedly has told investors that possible violations were centred on the “conduct of a single former employee” in Shanghai, according to Reuters. There was no evidence Kalsi “caused or authorised” the alleged misuse of assets, his spokesperson told PERE. Morgan Stanley could not confirm the statement.
3 min read · 21 January 2013
The global private equity and real estate firm will acquire up to 49.9% of Gateway Rail Freight in its second Indian logistics deal. GRF currently has terminals in Ludhiana, Mumbai and Garhi, with plans to expand to Faridabad.
1 min read · 21 January 2013
The Sydney-based developer and fund manager is planning to invest in suburban malls in China's top tier cities through the vehicle, which could be launched in Q1 2010.
2 min read · 21 January 2013
Harvest Capital Partners’ chief executive Rong Ren says there has been an ‘obvious change’ in attention towards China real estate.
2 min read · 21 January 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott.
10 min read · 21 January 2013
The high returns of the boom years have been replaced by another ‘R’ word: risk, according to a series of white papers by Ernst & Young. Real estate companies should now be focused on capital sources, reevaluating their business model and managing global risk.
2 min read · 21 January 2013
The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.
1 min read · 21 January 2013
Brazil, India and China show increasing independence, while other emerging markets are still overly reliant on factors like export markets, Chip Kaye told delegates at the PEI Emerging Markets Forum in London.
2 min read · 21 January 2013
The presence of a large number of family offices in the Middle Eastern LP base underlines the importance of relationships in the region, writes Siddharth Poddar.
3 min read · 21 January 2013