The Chinese sovereign wealth fund has held talks with BlackRock, Invesco and Lone Star as it looks to the US real estate market and distressed mortgage securities, according to the Wall Street Journal.
1 min read · 21 January 2013
LaSalle Investment Management and ING Real Estate Investment Management remain on a whittled-down shortlist to buy the management of the Wall Street Bank’s Asian Real Estate opportunity Fund and its other Asian real estate holdings.
2 min read · 21 January 2013
The US bank is reportedly selling the Shama Xujiahui serviced apartment block, an asset Morgan Stanley bought in early 2007.
1 min read · 21 January 2013
The firm, backed by KKR, Five Mile and Goldman Sachs, has already agreed to sell its US mortgage business to Berkshire Hathaway and Leucadia National.
3 min read · 21 January 2013
The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 21 January 2013
The firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 21 January 2013
The Beijing-based insurance giant announced it would introduce plans to expand its investment horizon into alternative assets in October.
2 min read · 21 January 2013
The real estate and private equity placement agent has appointed Heidrik & Struggles partner Sheng Lu to head its new Shanghai office.
2 min read · 21 January 2013
The sovereign wealth fund is reportedly planning to increase its stake in Songbird Estates to almost 30%.
2 min read · 21 January 2013
The deal will give Japan Logistics Fund the right to buy a 50% stake in ProLogis’ new developments in Japan. It is part of the Denver fund manager’s efforts to delever its balance sheet. ProLogis has 1m sq. m. of distribution space under construction in Japan.
2 min read · 21 January 2013