Investors convinced by digitisation and the increasing importance of data to business and social networking
2 min read · 24 January 2013
Essdar Capital, an Abu Dhabi-backed fund based in Dubai, has taken control of an Oman real estate scheme in a deal dubbed by the Financial Times as a “landmark regional distressed real estate deal”
1 min read · 24 January 2013
Emirates Business has reported that Rasmala Investment Bank, the Dubai-based investment bank, has thrown its hat into an increasingly expanding ring of investment firms aiming to capitalise on the country’s lack of quality real estate.
2 min read · 24 January 2013
The Stonehage Group, a London-based advisory business which invests on behalf of wealthy family offices, aims to grow its real estate portfolio to £2bn and has recruited Adam Kerr from Talisman Capital to help execute its strategy.
1 min read · 24 January 2013
A year after launching a secondaries desk, the global inter-dealer broker will start fundraising for private equity, hedge fund and other alternative investment vehicles.
2 min read · 24 January 2013
London and Geneva-based real estate fund manager Aerium has refinanced its debt on a Turkish retail portfolio with merchant bank Akbank.
1 min read · 24 January 2013
Qatar Holding, the direct investment division of the Qatar Investment Authority, has purchased the world famous Harrods store in London for £1.5 billion. The purchase is part of a wider strategy to aquire "prestigious top performing businesses".
1 min read · 24 January 2013
Usual suspects London, Hong Kong and Tokyo still top the most expensive list, according to a survey by CB Richard Ellis. Global rents have fallen 4.6% from one year ago.
2 min read · 24 January 2013
The First Investor, the Qatari investment bank controlled by state-owned Qatari Diar, is to launch a pair of real estate investment funds, one focussed on Brazil and the other focussed on Russia.
1 min read · 24 January 2013
The real estate arm of the European insurance company, Allianz, will own the Porta di Roma shopping centre – the largest mall in Italy – in a JV with Italian investment firm Corio. Allianz sold a 50% stake in the retail asset to Corio.
2 min read · 24 January 2013