Indicted financier Allen Stanford’s business has an investment portfolio valued at $650m, including private equity holdings and a Houston hotel.
3 min read · 21 January 2013
The group has continued its push into China, setting up a trust company joint venture that will enable it to offer RMB-denominated products in addition to arranging debt and equity financing in the country.
2 min read · 21 January 2013
Morgan Stanley Real Estate Funds have pledged to pump millions of extra dollars into Songbird Estates, alongside Qatar Holdings, CIC and Simon Glick, in a bid to prevent the property company from failing. Songbird is hoping to raise more than £800m in equity from a new share issue.
2 min read · 21 January 2013
These 15 firms have the skills and strategies to dominate the real estate wasteland, say market insiders. PERE Magazine September 2009.
10 min read · 21 January 2013
The Singapore sovereign wealth fund says it will work more closely with the companies in which it has investments after changing its charter for the first time in seven years.
1 min read · 21 January 2013
The number of global property purchases has increased for the first time in 15 months with $62.8bn of sales during Q2 – up 17 percent compared to the previous quarter, according to Real Capital Analytics. Distress though remains 'alarmingly' high with $233bn of property now in trouble.
2 min read · 21 January 2013
Korea Investment Corporation’s move into private equity is good news for GPs in a fundraising drought.
2 min read · 21 January 2013
Fundraising for Asia-focused funds may have stalled, but it has less to do with Asia than it has to with a slowdown in the pace of investments globally, writes Siddharth Poddar.
9 min read · 21 January 2013
The China-focused firm plans to raise both a real estate and private equity fund denominated in the local currency.
2 min read · 21 January 2013
Through its London-listed, closed-ended investment vehicle, Pacific Alliance China Land, the Hong Kong-based firm has bought a minority position in Chinese developer Wanda Commercial Property.
1 min read · 21 January 2013