US distressed investor Oaktree Capital Management is reportedly interested in rescuing the UK’s largest estate agency from the brink of collapse. Apollo acquired the firm at the height of the UK housing bubble for £1bn.
2 min read · 21 January 2013
The Vietnamese asset management and investment firm plans to begin raising the fund by the end of 2009. It will be Vina’s fifth fund, alongside three UK-listed and one unlisted investment fund the firm manages.
2 min read · 21 January 2013
Dubai International Capital and Dubai Group have been placed into the same holding company, while the debt-laden emirate has also combined back office functions for its three real estate entities.
2 min read · 21 January 2013
The Canadian Pension Plan fell in value by C$13.8 billion to C$108.9 billion in 2008 as investment returns shrank. However according to the plan’s latest figures, its inflation-linked assets continued to grow in value.
1 min read · 21 January 2013
MGPA, the European and Asian private equity real estate firm, is creating value in Paris by pre-letting a development scheme to one of the country’s leading corporations.
1 min read · 21 January 2013
London based bank and investment manager has appointed Simon Laker as head of its €5.7bn European real estate portfolio.
1 min read · 21 January 2013
Just $435bn was invested worldwide in commercial property in 2008, according to Cushman & Wakefield, down 59% from $1tn in 2007. Those figures are expected to fall again in 2009. Emerging markets were the most resilient though – with China now the world's second most popular country for investment.
2 min read · 21 January 2013
The Swiss bank’s CHF599m in private equity write-downs contributed to an overall yearly loss of CHF1.1bn in the asset management division. The bank is overhauling its asset management division to focus more on alternatives.
2 min read · 21 January 2013
Some of the world’s biggest private equity firms – including KKR, Blackstone, Carlyle, Permira, Providence, Apax and Apollo – have committed to consider environmental, social and corporate governance issues when making investments.
3 min read · 21 January 2013
The UK property company established by the Kuwait sovereign wealth fund has acquired an asset in central Tokyo.
2 min read · 21 January 2013