Jonathan Brasse
Jonathan Brasse is the Senior Editor, Real Estate for PEI Media’s real estate publications. He oversees the editorial output and leads the reporting team behind the sector-leading private real estate publication PERE as well as Real Estate Capital, the group’s real estate credit markets publication. Jonathan joined PEI in 2009 from UK commercial property magazine Property Week where he oversaw international news and analysis coverage.
Aureos Capital, a private equity firm, focused on Asia, Africa and Latin America, has held a first close on a fund aimed at investing in Africa’s fledgling health sector. LPs include the IFC, The African Development Bank and The Gates Foundation.
Dallas-based distressed investor Lone Star Funds, led by the highly private John Grayken, is powerfully positioned to take advantage of the current global economic downturn, according to a profile of the man in the June issue of PERE magazine.
The joint venture between Baltimore-based Municipal Mortgage & Equity and a Dublin-based syndicate of private investors is poised to close on its first South Africa housing fund. It is already eying a bigger second vehicle to invest on a pan-African basis.
The Asian Development Bank and the Islamic Development Bank are aiming to invest in the infrastructure of Asian countries that it regards is 'worse than the average'.
Just weeks after selling a £70.25 million property portfolio to AEW Europe, Brixton is reportedly close to selling another £225 million portfolio to New York based Westbrook Partners.
Ellis Short, who co- founded Dallas-based Lone Star with John Grayken, has increased his ownership in English Premier League soccer team Sunderland AFC to 100 percent. The investment comes as UAE entrepreneur Sulamain Al Fahim has a bid accepted to buy rival team Portsmouth FC.
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.
IDFC Private Equity has exited an investment in a company which controls Delhi International Airport by swapping the stake with shares in its parent company.
MENA private equity group Abraaj Capital is reported to have entered talks with government-owned Dubai World to buy a 15% stake in its ports operator DP World. The proceeds of a sale could go towards helping Dubai World’s real estate arm, Nakheel, pay down debts.
Merrill Lynch puts plans for its second Asian real estate opportunity fund on ice as it awaits direction from the bank’s new owners, the Bank of America.