Just $435bn was invested worldwide in commercial property in 2008, according to Cushman & Wakefield, down 59% from $1tn in 2007. Those figures are expected to fall again in 2009. Emerging markets were the most resilient though – with China now the world's second most popular country for investment.
2 min read · 21 January 2013
The UK property company established by the Kuwait sovereign wealth fund has acquired an asset in central Tokyo.
2 min read · 21 January 2013
The Chicago-based fund manager is targeting its $3bn Asia fund mainly in Japan and China. LaSalle, which has invested 20% of the fund, says it is in no hurry to make more investments in 2009.
1 min read · 21 January 2013
The UK-listed infrastructure fund is continuing to raise equity for its debut unlisted investment vehicle for the country despite the the effects of the global financial crisis.
1 min read · 21 January 2013
China-focussed private equity firm is in discussions to buy the first three assets for its newly launched CITIC Capital China Real Estate Investment Fund III, following the close of the $400m fund last month.
1 min read · 21 January 2013
The world’s biggest logistics property company appoints a new head of global operations but sees its chief operating officer resign.
1 min read · 21 January 2013
The AG Asia Realty Fund II would be almost double the size of its predecessor and would invest across all sectors, primarily in China and Japan, with a secondary focus on Korea and Southeast Asia.
1 min read · 21 January 2013
Prax is set to take advantage of a projected population boom in Xi’an, the capital of China’s Shaanxi province, by investing almost $30m in a residential development in the city. The population of Xi’an is due to grow to 5.3m by 2020 – up from 3.1m in 2007.
1 min read · 21 January 2013
The investment will shore up Straits Resources’ balance sheet and assist in the potential disposal of its coal assets.
2 min read · 21 January 2013
Indian property firm, DLF, is to streamline its future strategy after investors turn away from the luxury and retail sectors. The firm is also nearing a sale of its asset management business to private equity firms.
2 min read · 21 January 2013
