Reports that Blackstone had abandoned plans to acquire a majority stake in a new Shanghai development were scotched by the seller, VXL Capital. VXL admitted though the closing date for the deal had been pushed back slightly.
2 min read · 22 January 2013
The Merrill Lynch Asian Real Estate Opportunity Fund is the firm’s first Asia-dedicated fund, which will focus on Japan, China, South Korea and India.
1 min read · 22 January 2013
The Indian Infrastructure Fund, initiated by IDFC and the Indian government, aims to raise $5bn in debt and equity to invest in India's transport, telecommunication infrastructure and power sectors.
1 min read · 22 January 2013
The asset management and development firm has promoted Joris de van der Schueren as country manager for Redevco’s India operations leading its investment activities in the country.
2 min read · 22 January 2013
Blackstone is unlikely to finalise its deal for an increased stake in Indian construction company, Nagarjuna, owing to regulatory delays. It comes though after the country's plunging stock market wiped 68 percent from the value of the assets.
2 min read · 22 January 2013
The acquisition of three industrial properties in logistics hub, Akishima City, was made through the Denver-based industrial property investor’s Japan-focused vehicle, ProLogis Japan Properties Fund II.
1 min read · 22 January 2013
Prudential Corporation Asia, Warburg Pincus and other undisclosed firms are reportedly investing $300m in Bangalore-based property developer MetroCorp. The developer is targeting 6,000 acres in India.
1 min read · 22 January 2013
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
2 min read · 22 January 2013
Investor confidence in the sector remains strong with a total of 79 private equity real estate deals made between August 2007 and August 2008, according to a report by Cushman & Wakefield.
1 min read · 22 January 2013
Winnington Capital’s $1bn China-specific private equity property fund has acquired a stake in a real estate investment company focused on property development in the city of Chongqing. The investment was made through its Trophy Property Fund.
1 min read · 22 January 2013
