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
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