Jones Lang LaSalle’s Asia-Pacific real estate secondaries trading platform launched this week is more the equivalent of an old-fashioned lonely hearts column than a modern Internet dating site. Nonetheless, it is a much needed step towards market sophistication in the region.
2 min read · 17 January 2013
Chicago-based property services giant Jones Lang LaSalle has created a secondaries trading platform for Asia-Pacific private real estate funds by way of a monthly bulletin. The first batch of investments to hit the market was sent out last Friday and was valued at $250 million.
3 min read · 17 January 2013
The New Delhi-based private equity real estate firm is reportedly eying a third Indian real estate opportunity fund, having already invested half of the capital it raised for its second fund in January.
2 min read · 17 January 2013
The Zurich-based investment bank said today that it is looking to sell one of its largest private equity fund investing groups, which has a $1 billion real estate practice, citing its illiquidity and lack of synergy with the rest of the firm.
2 min read · 17 January 2013
Real estate managers continue to account for the largest share of global alternative investments, according to a new survey from Towers Watson.
3 min read · 17 January 2013
ImmoFinRE Group has held a final close of ImmoFinRE II and has already made nine investments so far in funds targeting Latin America, China, Macau, India, Canada and Turkey.
2 min read · 17 January 2013
A new survey from the New York-based accounting and consulting firm reveals that investors are gaining confidence in the office markets of Denver, Phoenix and Southeast Florida, especially as job growth continues in these areas.
3 min read · 17 January 2013
The Denver-based firm has closed on €95 million for its Amstar Global Property Fund II through which it is targeting three development sites for shopping centres in Turkey.
1 min read · 17 January 2013
The Dutch pension services giant and Copenhagen-based real estate fund of funds firm are among a club of investors to co-launch a residential development company with Mumbai-listed Godrej Properties. The new enterprise will be capitalised with $138 million of equity initially.
3 min read · 17 January 2013
Despite the success of PropertyMatch, a US equivalent of the UK secondaries trading platform is unlikely to arrive anytime soon. PERE Magazine July, August 2012 issue.
3 min read · 17 January 2013
