The Singapore-based firm will invest $200m over the next year in the Indian property market, including real estate developments such as mixed-use complexes, IT parks and residential and commercial projects.
1 min read · 22 January 2013
The private equity fund, listed on the London Stock Exchange, has invested half of the $400m it raised in its IPO last November.
1 min read · 22 January 2013
The sovereign fund has doubled its profits to S$18.2bn although the size of its real estate portfolio has fallen by two percent in the past year. As the credit market fallout continues, Temasek has indicated it will continue to do direct deals in financial services.
2 min read · 22 January 2013
Exploring alternatives to plug the state's projected budget shortfall for transportation projects, the US state's executive and legislative leaders are examining the possibility of creating a Texas-focused transport infrastructure fund.
2 min read · 22 January 2013
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
1 min read · 22 January 2013
The Indian real estate fund has invested in one of the first ‘green’ developments in India, being built by the 3C Group in Noida.
1 min read · 22 January 2013
Creating a dedicated website explaining the firm’s approach to corporate responsibility is just another natural step in the evolution of a private equity firm, says Patrick Dunne, the global firm’s communications director.
2 min read · 22 January 2013
Prupim has announced a second Tesco portfolio purchase a day after it was revealed that the UK’s largest supermarket has sold £605m of property to real estate investors. The move is part of a sale-leaseback deal that will fund Tesco's expansion into the competitive Indian wholesale food market.
2 min read · 22 January 2013
The Deutsche Bank real estate unit has reportedly bought a 40-story commercial building in Dalian, northeast China.
1 min read · 22 January 2013
The Dubai-based developer, a subsidiary of state-owned Dubai World, is at the center of a bribery investigation involving one current and one former employee.
2 min read · 22 January 2013