In their first foray outside of the European property market, the London-based firm has partnered with an Indian family business to offer funds investing in development in India.
2 min read · 22 January 2013
The AIM-listed fund has sold its stake in four off-shore entities for about $65m, becoming the first AIM-listed fund to realize significant gains from Indian real estate.
1 min read · 22 January 2013
Bleak economic data has sent US stock markets tumbling – taking Blackstone and Fortress along with – one day before markets close for the Thanksgiving holiday.
2 min read · 22 January 2013
India’s largest real estate company has sold 49 percent of its portfolio of vehicles for developing seven township projects.
1 min read · 22 January 2013
India's township and IT park development sites may look rugged today, but they are attracting the attention of investors who see the benefit of waiting for towns to grow around their assets.
3 min read · 22 January 2013
Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.
2 min read · 22 January 2013
China’s vice minister of finance reportedly said the state’s new $200 billion sovereign wealth fund will be transparent in its actions, and will not aggressively seek to acquire foreign oil companies, nor invest in airlines or telecom firms.
2 min read · 22 January 2013
Having just acquired a 7.5 percent stake in alternatives giant The Carlyle Group, the Abu Dhabi government fund Mubadala is again looking to make waves with a $3bn MGM Mirage resort in the city, the first of several such projects.
2 min read · 22 January 2013
$1 out of every $2 invested by private equity is going into either real estate or infrastructure, according to a report by an Indian consultancy.
1 min read · 22 January 2013
Pithy quotes from people in and outside of the real estate industry
2 min read · 22 January 2013