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
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
