Paris-based insurer Axa says its real estate investment management business has struck an agreement with Chinese insurer, Ping An, to co-invest in residential projects in the country. A China real estate fund is also on the way.
2 min read · 21 January 2013
Chinese government-backed private equity firm Fortman has reportedly appointed Arthur Zhu as its CEO. Zhu was earlier expected to set up his own private equity firm.
2 min read · 21 January 2013
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
2 min read · 21 January 2013
Three directors at Trikona Trinity Capital have resigned as the AiM-listed development and investment company seeks to divest assets.
1 min read · 21 January 2013
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 21 January 2013
As well as selling the management of its Asian Real Estate Opportunity Fund, the bank is also offering for sale the management of all the remaining assets in the region on its balance sheet.
2 min read · 21 January 2013
Contrary to reports of freezing its investment programme for Asia, AXA REIM has been busy readying itself to launch its first Asian fund for the first half of 2010.
2 min read · 21 January 2013
One week after Singapore-listed developer and fund manager Banyan Tree Holdings held a final close for its first real estate development fund, Steve Small, the chief executive officer of the vehicle, shares his views on the hospitality real estate climate with PERE.
2 min read · 21 January 2013
London-based activist investor Laxey Partners has increased its offer for Spazio Investment, the Italian industrial property group, after its initial bid was rejected. Meanwhile Laxey has thrown in the towel in its fight to replace board members of Indian property group Hirco
2 min read · 21 January 2013
Denis Tse from CDIB Capital will oversee LMIM's private equity and private equity real estate fund commitments in Asia.
1 min read · 21 January 2013
