In a survey conducted by property services firm DTZ, nearly half of occupiers said they were seeking more office space but landlords should expect to be asked for more favourable lease terms.
1 min read · 21 January 2013
A professor at Chinese government think tank, the Chinese Academy of Social Sciences, says urban residential property values are likely to fall by as much as 50 percent over the next two years.
1 min read · 21 January 2013
Martin Seol is appointed head of real estate for Merrill Lynch in Asia Pacific on a full time basis. He assumes control of the platform from Tim Grady, who resigned from the firm at the beginning of the month.
1 min read · 21 January 2013
The Pennsylvania-based fund of funds has raised more than $75m for the fund, Penn Square Global Real Estate Fund II, according to regulatory filings this week. The firm’s first fund closed last year on $231m.
1 min read · 21 January 2013
The New York-based pension fund is opening its first Asian office in Hong Kong and has hired Eric Mason, who was formerly at The Carlyle Group.
2 min read · 21 January 2013
In its latest research report released today, UBS Global Asset Management said emerging real estate markets such as China and India will still provide more growth for investors than their established counterparts.
2 min read · 21 January 2013
With LPs struggling to balance declining distributions against pending capital calls, a report by Clerestory Capital shows 32 fund managers in market over the past six months chose to stop or put fundraising efforts on hold. Among the worst hit were funds targeting India and China.
2 min read · 21 January 2013
The Chinese sovereign wealth fund has committed to the bank's latest global property fund, according to reports. Morgan Stanley Real Estate Fund VII Global is likely to close at $6bn, not its original $10bn target.
1 min read · 21 January 2013
The Washington DC-based private equity firm is reportedly on course to close its $1bn Carlyle Asia Real Estate Partners II fund in the second half of the year. It has raised $500m to date according to reports.
1 min read · 21 January 2013
London based Catalyst Capital has held a final close on €228.5 million for its maiden third-party European fund. It is scouting opportunistic deals in major cities in major continental European cities.
1 min read · 21 January 2013
