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
Mohammad Almojel was previously an associate director at MerchantBridge Private Equity, and sits on the board of the Saudi-British Business Council. He is charged with sourcing capital for private equity, real estate and infrastructure funds.
1 min read · 24 January 2013
The real estate arm of Qatar’s sovereign wealth fund has bought 5% of French utility company Veolia Environnement. The acquisition is the fund’s second foray into the French infrastructure market after it acquired 5.78% of VINCI.
1 min read · 24 January 2013
Plans for a $200m-$500 opportunity real estate fund are on ice owing to a lack of international investor interest in UAE real estate. The plans are part of wider strategy to streamline its focus to private equity and listed equities.
2 min read · 24 January 2013
The British Private Equity and Venture Capital Association (BVCA) is creating a body to ‘enhance’ understanding between investment firms and their investors.
2 min read · 24 January 2013
Fairmont Raffles Hotels International, the hospitality company taken private by Colony Capital and Kingdom Holding Company, is reportedly preparing to sell the legendary Raffles Hotel in Singapore to Qatari Diar. The Qatar sovereign wealth fund has yet to decide on the amount of money required to refurbish the colonial icon.
2 min read · 24 January 2013
