An investment firm part-owned by the Kuwait Investment Authority is eyeing China for returns of between 15%-19%.
1 min read · 05 January 2013
PERE has just hosted its third annual roundtable discussion in Asia. Among the revelations this year – local capital is rising as a game-changing factor in the region. By Jonathan Brasse
2 min read · 05 January 2013
ARA Asset Management, the real estate fund management company part-owned by Hong Kong entrepreneur Li Ka-shing’s Cheung Kong Holdings, is to launch three country-specific funds.
1 min read · 05 January 2013
LaSalle Investment Management and ING Real Estate Investment Management remain on a whittled-down shortlist to buy the management of the Wall Street Bank’s Asian Real Estate opportunity Fund and its other Asian real estate holdings.
2 min read · 05 January 2013
The newly formed 1Malaysia Development Berhad has teamed up with Saudi-backed investment company PetroSaudi to co-invest in Malaysian projects.
1 min read · 05 January 2013
The firms are part of a syndicate buying a $4.5bn portfolio of loans and real estate from failed Chicago-based Corus Bank.
2 min read · 05 January 2013
The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
1 min read · 05 January 2013
Stockholm based Aberdeen Property Investors has grown its indirect team, Aberdeen Property Investors Indirect Investment Management, to 28 professionals after making six senior appointments across Europe and Asia. The growth of the team marks a rebuilding period for Aberdeen after a period of recent departures.
2 min read · 05 January 2013
PERE met with VinaCapital boss Don Lam for breakfast at a London hotel recently to hear his take on what Vietnam’s government stimulus has done to the country’s real estate market.
2 min read · 05 January 2013
The Ho Chi Minh City-based firm has entered the exit stage for its AiM-listed real estate fund, VinaCapital. Including the Hilton Hanoi Opera Hotel sale, the fund has exited 12 investments so far.
1 min read · 05 January 2013