Subsidised 50% by the government, the projects will involve the construction, maintenance and operation of two stretches of highway along Chile's Ruta 5 and Ruta 66.
1 min read · 22 January 2013
To be awarded as concessions or as PPPs, the the projects will seek to attract R22bn of private investment between now and August 2009, the state news service reported.
2 min read · 22 January 2013
The Sao Paolo-based alternatives firm has held a final close for its third private equity fund targeting the consumer and infrastructure sectors.
1 min read · 22 January 2013
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.
3 min read · 22 January 2013
Jeffrey Schwartz, chief executive and chairman of the global logistics firm, resigned today. The Denver-based company, which manages a series of institutional property funds, is cutting jobs and costs as well as halting new developments in the face of a serious downturn.
2 min read · 22 January 2013
Latin America is fertile ground for real estate GPs thanks to repricing in the wake of the credit crunch, according to JER president and COO, Michael Pralle speaking at the PERE conference in New York today.
1 min read · 22 January 2013
The California-based placement agent also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, which is less than the $34.3bn raised last year, but more than the 2006 total of $17.9bn.
3 min read · 22 January 2013
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
2 min read · 22 January 2013
$57bn raised to date 2008-11-01 Staff Writer Global fundsBlackstone Real Estate Partners VIThe Blackstone GroupNew YorkGlobal diversifedFinalN/A$900Apr-08Equity International Fund IVEquity International PropertiesChicagoGlobal diversifedFinalN/A$500Feb-08Lehman Brothers Real Estate Partners IIILehman Brother
3 min read · 22 January 2013
As limited partners open up their real estate allocations to the emerging markets, developing countries in Asia are at the top of the list, with China and India of particular interest. By Eva Poon
9 min read · 22 January 2013