The cash infusion will help Goodman meet liabilities this year. The Australian property group says the agreement with CIC also envisages the pair working on a broader strategic relationship.
2 min read · 21 January 2013
Laxey Partners, the London-based activist shareholder which recently made the headlines for trying to oust board members of AIM-listed Indian property company Hirco, is attempting to take control of Italian industrial property company Spazio.
1 min read · 21 January 2013
ING Real Estate has launched a second China focused real estate opportunity fund. The vehicle is targeting up to $750 million in equity, is aiming to invest principally in residential assets and plans to make individual investments of between $50 million and $70million.
2 min read · 21 January 2013
Aberdeen Property Investors, the Stockholm based fund manager and investor, has closed on half the amount of equity it originally planned to raise for its second Asia focused fund of funds. The firm has taken a cautious approach to investments going forward and is unlikely to spend anything until after the summer.
1 min read · 21 January 2013
The joint venture between Baltimore-based Municipal Mortgage & Equity and a Dublin-based syndicate of private investors is poised to close on its first South Africa housing fund. It is already eying a bigger second vehicle to invest on a pan-African basis.
2 min read · 21 January 2013
Anthony Miller, known for steering Carlyle's charge into Asia, will lead Pacific Alliance Japan in investing in Japan’s real estate, distressed debt and private placement markets.
2 min read · 21 January 2013
ING Real Estate has been awarded the management of a Tokyo based pan-Asia real estate opportunity fund after its previous manager ran into financial difficulties. Following the deal, ING Real Estate now manages $4.97 billion of assets across Asia.
2 min read · 21 January 2013
Merrill Lynch has instigated a process to sell the management of its pan-Asia real estate opportunity fund. The New York-based investment bank is thought to have begun sounding out potentially interested parties.
2 min read · 21 January 2013
The fund, which began fundraising in mid-2008, aims to meet its target before the end of 2009, according to reports. Tata plans to develop $2.3bn of real estate projects over the next three years.
2 min read · 21 January 2013
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
1 min read · 21 January 2013
