CBRE Investors eyes a final pot of $200 million for its Asian fund of funds, the Asia Alpha Plus Fund, after holding a first close of $100 million.
1 min read · 21 January 2013
Delhi-based Unitech has raised $575 million through a share issue as it seeks to reduce its debts and take advantage of investor appetite for affordable housing.
1 min read · 21 January 2013
The ultra and high-net-worth community shrank by 25% and 15% respectively in 2008, according to the latest Merrill Lynch/Capgemini world wealth report. However, the allocation to real estate rose by 4% – despite a general move towards liquid assets.
2 min read · 21 January 2013
Ian Hally, Aviva Investors’ Asia Pacific head of strategy and indirect investments, will now take over as real estate chief executive officer for the region.
1 min read · 21 January 2013
Life Insurance Corp and its subsidiary, LIC Housing Finance, are reportedly launching a domestic private equity fund dedicated to real estate ventures.
1 min read · 21 January 2013
The industrial developer and investment firm has closed on three loans totalling $347m, allowing it to pay down its remaining corporate maturities for this year, and a portion of the debt due in 2010.
1 min read · 21 January 2013
In its Economic Pulse report on the Asia Pacific economy and its effect on commercial real estate, the New York-based firm uses IMF findings to forecast when the investment and rental level bounces will occur on the continent.
2 min read · 21 January 2013
China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, including real estate.
1 min read · 21 January 2013
The UK budget hotel group Travelodge has teamed up with Meghraj to attract capital for a property fund that will acquire struggling hotels.
1 min read · 21 January 2013
The West coast debt shop has garnered $420m in commitments from LPs for its latest vehicle, the Mesa West Real Estate Income Fund II. It will continue fundraising until the end of the year, PERE has learnt.
1 min read · 21 January 2013
