TPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based private equity titan has been steadily increasing its exposure to the sector.
3 min read · 05 January 2013
The sale of ING Real Estate Investment Management is to commence in the next two to three weeks after Morgan Stanley was appointed to market the €64.4bn business. Private equity firms KKR and TPG are reportedly considering bids.
2 min read · 05 January 2013
The New York-based private equity and real estate giant has reportedly tied up a joint venture with residential developer Great Eagle to make its first residential investments in China. The joint venture is eyeing the development of more than 1,000 homes in the port city of Dalian.
2 min read · 05 January 2013
Hidetoshi Ono, country manager for ING Real Estate Investment Management in Japan, has handed in his notice for personal reasons. He has been replaced with Tetsuya Fujita, previously head of institutional clients.
1 min read · 05 January 2013
Mark Burton, the former real estate chief investment officer at the Abu Dhabi Investment Authority and the Abu Dhabi Investment Council (ADIC) has taken up an advisory role at the newly-established real estate advisory board at Norges Bank Investment Management, which manages the capital of Norway’s giant sovereign wealth fund.
2 min read · 05 January 2013
A $400bn-plus Norwegian sovereign wealth fund has been urged to increase its exposure to riskier assets including infrastructure, but should be ‘circumspect’ about private equity.
2 min read · 05 January 2013
South Korea’s largest telecommunications company, KT Corporation has appointed Kim Kyung-soo, a former Lone Star executive, to lead its newly launched property management firm.
2 min read · 05 January 2013
It’s third time lucky for Lone Star as the Dallas-based private equity and real estate giant once again seeks an exit from the Korean bank.
1 min read · 05 January 2013
The mid-market private equity firm has acquired Tinsa for €100m.
2 min read · 05 January 2013
Indiareit reputedly is courting interest from potential buyers. PERE Magazine November issue 2010.
1 min read · 05 January 2013
