PERE has learned that the Abu Dhabi Investment Authority has invested a majority of the equity behind AMB’s $588 million joint venture in China.
2 min read · 18 January 2013
The Royal Bank of Scotland is expected to shortlist bidders for the sale of a £1.6bn loan book made to UK real estate. The Financial Times listed various private equity real estate platforms as potential bidders.
1 min read · 18 January 2013
The French insurer has taken fundraising for AXA Commercial Real Estate Senior 1 to more than half a billion Euros having corralled an additional €180 million since January.
2 min read · 18 January 2013
Alabama-based alternatives asset management firm Harbert Management Corporation has raised €110m for its Harbert European Real Estate Fund III fund. The firm is expected to close fundraising for the vehicle later this year.
2 min read · 18 January 2013
LaSalle’s special situations division has expanded its debt offering after raising £150m to issue as junior loans. The division was originally launched last year to provide mezzanine financing.
2 min read · 18 January 2013
As the UK’s financial sector regains its health, demand for office space in Central London is expected to soar with an extra 1.6m sq. ft. needed over the next three years.
2 min read · 18 January 2013
Ireland’s National Asset Management Agency reportedly has been taken control of a number of assets belonging to Irish property entrepreneur Derek Quinlan and his family.
1 min read · 18 January 2013
The international property investment group is looking to enter the market this summer with an international property fund targeting between $300m and $500m of equity from third party investors.
2 min read · 18 January 2013
The London-based international real estate property investment group is set on opening an office in Stockholm, Sweden, which would be its first in the Nordic region.
2 min read · 18 January 2013
A reworking of the country’s domestic tax system could lead to a 30 percent tax on carried interest. Shefali Goradia, partner at Indian tax advisory firm BMR Advisors speak about the risks facing foreign investors, local managers and Mauritius-domiciled funds.
3 min read · 18 January 2013