Jonathan Brasse
London & Stamford, the Aim-listed property investment company founded by British market veterans Raymond Mould and Patrick Vaughan, has exchanged contracts on its first purchase since the pair floated the company more than a year ago.
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.
The Italian banking giant is selling and leasing back a large operating portfolio but is keeping a stake in a fund that will own the properties.
The San Francisco-based firm has expanded its investment in the US multifamily sector and in the process helped a Hawaii housing development stay affordable.
Ohio-based Legacy Capital Partners will pursue holding periods of as long as 15 years.
The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.
The global private equity firm will bring a portfolio of children’s characters, including Barney, Ping and Bob the Builder, to a new 25,000-square foot complex in Dubailand.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.