A new report from the Urban Land Institute warns the two cities will face stiff competition from markets such as Shanghai, Sao Paolo and Dubai. In terms of investment opportunities, New York and Paris are jointly ranked first followed by London.
2 min read · 22 January 2013
Naresh Naik, former head of asset management for Lehman Brothers in India, joins the private equity real estate unit of Morgan Stanley as an executive director and head of asset management in its Mumbai office.
1 min read · 22 January 2013
The Indian private equity firm Sun Group has joined forces with listed Qatari real estate firm Barwa to target Indian real estate. The JV will acquire and develop land banks in high growth corridors in the country and comes two years after the $630m Sun-Apollo India Real Estate Fund.
1 min read · 22 January 2013
Equity International, the private equity real estate firm co-founded by Sam Zell and Gary Garrabrant, has acquired a stake in its third real estate portfolio company in China. Yupei develops and manages industrial, warehousing and logistics properties.
1 min read · 22 January 2013
The Chinese private equity firm was set up last year by former senior executives at Singapore's Temasek, which is an anchor investor in the fund.
1 min read · 22 January 2013
Jeffrey Schwartz, chief executive and chairman of the global logistics firm, resigned today. The Denver-based company, which manages a series of institutional property funds, is cutting jobs and costs as well as halting new developments in the face of a serious downturn.
2 min read · 22 January 2013
The Shanghai-based investment firm will invest $30m for a 25 percent stake in a joint venture with Chinese developer, China Housing & Land Development, to build a 79-acre mixed-used project.
1 min read · 22 January 2013
The $280m real estate JV vehicle between Blue Vista Management and Place Properties – Place/BV Student Housing Fund – has invested $47m in two student accomodation deals in the US. The fund targets the acquisition and development of off-campus student housing.
1 min read · 22 January 2013
The fund being raised by CCB International aims to bridge the health inequality gap between the country’s urban and rural populations.
1 min read · 22 January 2013
The California-based placement agent also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, which is less than the $34.3bn raised last year, but more than the 2006 total of $17.9bn.
3 min read · 22 January 2013
