Thomas Duffell
Capital continues to compete to be invested in global property markets. This is leading the world’s largest pools to commit to the institutionalization of niche sectors and head to ‘growth’ markets in search for outperformance, Macquarie’s Brett Robson tells PERE.
QuadReal is undertaking an ambitious international growth plan after being launched by bcIMC, one of Canada’s largest institutional investment managers, in 2016. Investors Jonathan Dubois-Phillips of QuadReal and Eric Wurtzebach of Macquarie Capital discuss the challenges and opportunities of going global in today’s marketplace.
The former founder of Park Hill’s Real Estate’s European business is to move on from Australia group Cromwell’s European team after 18 months in the job.
Private equity real estate firm Gaw Capital Partners led a consortium of investors in acquiring a retail portfolio comprising 17 shopping centers in Hong Kong from listed-property company LinkREIT for HK$23 billion ($2.95 billion; €2.49 billion). The consortium consisted of Gaw and some limited partner co-investors, as well as the private equity arm of New […]
Even as increased geopolitical risk threatens to undermine Asia’s continued economic growth, the outlook for real estate in the region remains positive,
Managers of real estate secondaries funds are creating their own niches to put to work the huge sums of dry powder they collected in recent years.
Phoenix Property Investors has exited its investment in Enterprise Square III for around $171 million, generating a gross post-tax IRR of 50 percent. The sale marks the seventh exit from Phoenix Asia Real Estate Investments V, which the firm closed on $750 million at the end of 2013. The firm has made 19 investments so […]
The real estate investment division of the private equity firm Baring Private Equity Asia has been paid off for one of the largest real estate loans for a land development play in the Philippines.
Fund recapitalisations are now better accepted by managers and investors alike and will form a more meaningful part of future secondaries deal flow as a consequence.
Chinese pair Suning Commerce Group and Shenzhen Capital Group are aiming to create a RMB 30 billion ($4.5 billion; €3.8 billion) logistics platform after pairing up to acquire retail giant Suning’s mature warehouse facilities and other high-standard logistics properties. The pair announced that they have set up a vehicle which will initially raise RMB 5 […]