Michelle Phillips

Promotions for Daniel Queenan in Asia and Martin Samworth in the EMEA region mean that CBRE can split the duel CEO/chairman roles previously held by Robert Blain and Michael Strong. 

Hotel investment in Asia surged to $7.5 billion last year but private equity only got a small piece of the pie. 

Thanks to concurrent liberalizing policy for Chinese institutions and restrictive policy regarding investing in IPOs, capital raising from RMB denominated sources for private real estate investing ballooned 109% last year.

The Indian asset manager has held the final close for its first rupee-denominated property fund in under three months, and is still considering a foreign-denominated fund.

Diamond Realty Management is aiming to raise $150 million for the vehicle in what would be its largest mezzanine fundraising yet. 

Investors in Asian property have become polarized on opposite ends of the risk spectrum as their commitments grow, according to the world’s largest property services firm.

The Sydney-based manager is understood to already be in talks with several investors for its next core-plus/value-added vehicle, expected to have a specialized industrial strategy.

  Graeme Torre, Asia-Pacific managing director at Invesco Real Estate, suggests that investors will drive demand for more core vehicles this year rather than traditional opportunistic funds.  

The global private equity giant is looking to make a property sale out of one of its Australian private equity buyouts.

The real estate multi-manager arm of the New York-based investment bank has made its first investment in Japan with another co-investment alongside logistics manager Redwood.