The California-based placement agent, Probitas, also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, less than the $34.3bn raised last year.
2 min read · 22 January 2013
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
2 min read · 22 January 2013
The China-focused fund will invest in residential and commercial sectors to capitalise on the country’s real estate growth.
1 min read · 22 January 2013
The private equity real estate firm – which last year took on former CalPERS Real Estate head Mike McCook as advisor – has resolved an argument with the activist shareholder of its publicly-listed fund. Trikona says opportunities in Indian real estate are to be found in ‘deep value’ not distress.
2 min read · 22 January 2013
Economic turbulence is throwing up opportunities for emerging market-focused private equity and real estate funds to make investments at favourable prices, but capital-constrained LPs are urging caution.
2 min read · 22 January 2013
China Everbright Holdings intends to establish the real estate fund before June next year, and will coinvest up to $50m. The fund will be managed by its new private equity arm, the Alam Group, which will be renamed Everbright Alam.
1 min read · 22 January 2013
China's real estate sector has expanded in terms of investment deals, with $25bn of property transactions in the first half of the year. However it has been mainly driven by domestic investors. Deals by foreign firms declined by more than two-thirds over the past year.
2 min read · 22 January 2013
A hospitality investment fund set up by three Arab Gulf banks plans to raise $300m by the first quarter of next year, according to reports. It has already signed agreements for six deals in the Middle East and India.
2 min read · 22 January 2013
$57bn raised to date 2008-11-01 Staff Writer Global fundsBlackstone Real Estate Partners VIThe Blackstone GroupNew YorkGlobal diversifedFinalN/A$900Apr-08Equity International Fund IVEquity International PropertiesChicagoGlobal diversifedFinalN/A$500Feb-08Lehman Brothers Real Estate Partners IIILehman Brother
3 min read · 22 January 2013
The personality-driven construction sector in India has been undergoing a period of profound change. The net beneficiaries of this change may be foreign private equity real estate firms, who bring with them badly needed capital. But partnering with an Indian developer is not a straightforward affair. By Dave Keating
10 min read · 22 January 2013