The global private equity giant is looking to make a property sale out of one of its Australian private equity buyouts.
The San Francisco-based private real estate firm, launched last year by ex-Presidio founders Jack Berquist and Desi Co, has combined with UK-based Lakestar Capital.
The Singapore-based real estate firm has expanded its footprint in China with a partnership alongside the country’s largest insurance company.
CDH Investments real estate executive director elaborates on the different roles of RMB and US dollar capital in Chinese real estate, and how fund managers need to adapt to the different expectations of their respective investors.
Of the $90 billion raised for Asia-Pacific closed-ended funds just before the crisis, half will have to assess exit, extension or liquidation options in the next two years, according to the world’s biggest property brokerage.
The real estate arm of US insurer Prudential has poached a director for Asia separate account relationships from Deutsche Bank.
The Malaysian pension fund has doubled its equity commitment to its logistics Germany partnership with Goodman.
The adverse conditions surrounding real estate placement agents have been tough to withstand. Some have responded by walking away from the challenge altogether.
The $42.75 billion pension plan’s investments with three separate account managers make up more than half of its allocation to the asset class for 2014.
The co-founder of the New York-based real estate placement firm will be departing at the end of March – and likely joining a fund manager.