The debt-ridden Australian infrastructure fund manager has gone into administration after investors in New Zealand voted against a restructuring plan that included a possible debt for equity swap.
2 min read · 21 January 2013
In 2008, RMB-denominated funds raised RMB 264bn to invest in China, up 347 percent from from the prior year.
2 min read · 21 January 2013
ASK Investments is reportedly raising INR5bn for the vehicle, with plans to invest mainly in uncompleted residential real estate projects across the country’s top seven cities.
1 min read · 21 January 2013
Europe's largest property event got underway today with noticeably fewer people attending than in previous years. However, that hasn't stopped Shanghai Tower Construction & Development company unveiling plans for the tallest tower in China, slated for completion in 2014.
1 min read · 21 January 2013
Hong Kong-based CITIC Capital is reportedly in talks with China's national pension fund and the China Development Bank to set up a buyout and a venture fund.
2 min read · 21 January 2013
Standardising reporting and valuation methods are key drivers of the IVCA's move to adopt voluntary guidelines for the Indian private equity industry. At present, each LP in a fund has different guidelines for reporting.
2 min read · 21 January 2013
An undisclosed shareholder at Indian real estate fund Trikona Trinity Capital has asked the fund to sell its assets “in the best interests of the company and the shareholders”, according to a filing on the UK’s AIM stock market.
2 min read · 21 January 2013
The Singapore government’s real estate investment firm has renamed ProLogis Asian Operations as Global Logistic Properties after buying out the majority of ProLogis’s investments for $1.3bn.
1 min read · 21 January 2013
The former global co-head of asset management for Lehman Brothers private equity real estate, John McCarthy, has left to join Barry Sternlicht’s Starwood. Jeffrey Disher steps down as head of asset management to return to his earlier role leading Starwood’s acquisitions team.
1 min read · 21 January 2013
A departure, an administrative leave of absence and an investigation in China have brought uncertainty to the giant investment firm. PERE Magazine March 2009 issue
2 min read · 21 January 2013
