Jonathan Brasse
The London-based firm will concentrate its efforts on its core private equity business.
High prices and excessive borrowing from the country’s banks are some factors keeping the mainland property market in increasingly precarious 'bubble territory', according to Business Monitor International (BMI).
High prices and excessive borrowing from the country’s banks are some factors keeping the mainland property market in increasingly precarious 'bubble territory', according to Business Monitor International (BMI).
Two years after Invesco acquired the Asian real estate business of AIG, the firm is raising an $800m opportunity fund and a rare open-ended, core-focused vehicle for which it expects to attract $1bn in five years.
Hong Kong-listed developer China Resources Land has partnered Blackstone to develop a 6.45 million-square-foot mass housing development near Shanghai that could cost $1.8bn.
The New York based alternative asset and advisory firm told a conference hosted by investment bank Goldman Sachs its first Asia focused real estate fund is in the offing.
The head of one of the largest real estate platforms in Asia, Victoria Shigehira Sharpe, is preparing to move to a newly-created, senior client-facing role at PREI Asia’s parent company.
China’s SWF has reportedly bought the London headquarters of investment bank Deutsche Bank for £245 million, weeks after a CIC subsidiary bought a $724 million stake in Heathrow Airport.
The London-based private equity and real estate firm has raised one of the largest opportunistic and distressed asset investment funds in Europe so far this year.
The Government of Singapore Investment Corporation has stockpiled cash during the year to 31 March as it awaits better investing conditions. Adopting a cautious outlook, the sovereign wealth fund nonetheless increased its allocation to alternative assets by 1 percent.