In another sign of increasing interest in Japan, the Los Angeles-based firm has hired corporate finance and real estate pro Takahide Akiyama to lead its Japanese operations.
The Mumbai-based publicly listed private equity arm of Infrastructure Leasing and Financial Services has partnered with Milestone Capital Partners for a real estate fund, as it plans to launch a larger $1bn fund in October.
Apollo Real Estate Advisors has hired Hollywood property pro Frank Buckley as the firm looks to bolster its operations on the West Coast.
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
The industrial property investor hopes to bring its total Japanese investment to $7.9bn by the end of 2009, its Japan chief says.
The French hypermarket group appears to have capitulated to demands by shareholder Colony Capital to release value from its vast property estate by spinning off pan-European vehicle, Carrefour Property, in 2008.
Dubai-based buyout firm Abraaj Capital will hold the second close of its infrastructure and growth capital fund in September, and is on course for a final close on $2 billion by the end of the year.
The former pension fund manager will join Schroeder Property as head of European Property Multi-Manager.
As it launches its new fund push, the industrial property investor plans to increase its China holdings to 1.5 million square meters by the end of this year.
Europe’s largest quoted private equity company 3i is investing alongside its listed infrastructure vehicle in a debut Indian infrastructure fund. Together they will account for half the fund’s capital. Third-party investors will fund the remaining $500m.