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
PEI Media’s sister publication, PERE magazine, recent sat down to speak with Keith O’Donnell, the global head of real estate at Taxand, to discuss the grand tax themes shaping the industry. From crackdowns on abuse of tax treaties to attacks on interest deductibility of intra-company loans and the taxation of debt investments, there is plenty to concern private fund managers.
6 min read · 21 January 2013
The Hong Kong and mainland China financial services business has closed on the first $100m for its incoming $250m real estate opportunity fund.
1 min read · 21 January 2013
Acquisitions reach $83bn so far this year, with most deals concerning development rights.
1 min read · 21 January 2013
Jon Tanaka has been appointed managing director and head of Japan in charge of Angelo Gordon’s real estate activities in the country.
1 min read · 21 January 2013
The Beijing-based private equity fund launched by former Goldman Sachs executives has reportedly made its first investment outside of China.
1 min read · 21 January 2013
The Hong Kong-based firm, majority owned by Chinese financial conglomerate China Resources, has completed $174 million of sales, including the first two exits from its debut vehicle, China Real Estate Opportunistic Fund.
1 min read · 21 January 2013
The jointly managed vehicle with Japanese financial heavyweight Sumitomo Trust & Banking is the second in a four- fund Asia strategy for the French insurance giant aimed at partnering with managers in each of its target countries.
1 min read · 21 January 2013
The Wall Street Bank saw the value of its stakes in its real estate assets under management fall by just $66 million in the third quarter of the year. It is the latest sign that prices across the sector are leveling out.
2 min read · 21 January 2013