Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 21 January 2013
Merrill Lynch’s global real estate principle investments division has halted plans to offload its Asian real estate investment management business. The platform may be placed on the market again late second quarter 2010.
2 min read · 21 January 2013
The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.
2 min read · 21 January 2013
The joint venture fund management platform of Mumbai-based Samsara Capital and London-based Catalyst Capital, will target ‘affordable’ residential developments in India’s tier I cities. He told PERE’s Jonathan Brasse in an interview for the PERE Yearbook 2009.
2 min read · 21 January 2013
The oil and gas exploration platform, created in 2005 by a consortium including Carlyle, Goldman and First Reserve, hopes to fund its exploration activities despite having ‘no proved reserves’.
2 min read · 21 January 2013
The Sydney-based developer and fund manager is reportedly expected to announce this week the launch of Lend Lease Real Estate Partners No 3 Fund.
1 min read · 21 January 2013
The continued growth of China and India means Asia is set to provide the greatest range of investment opportunities in 2010, according to a recent report by the Chicago-based property manager which also said the best opportunities in the UK have passed.
2 min read · 21 January 2013
According to a survey by Debtwire, in association with Clifford Chance and Rothschild, 84% of respondents felt that real estate opportunities would increase next year, more than in any other sector.
1 min read · 21 January 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 21 January 2013
Chinese sovereign wealth fund China Investment Corporation is reportedly among the bidders for stakes in investments within its $5bn portfolio of real estate, private equity and natural resources assets.
1 min read · 21 January 2013
