Dave Keating
The warehouse developers chief executive says it is planning to double investment in Asia and Japan to as much as $12 billion and that it may launch a third fund with GIC.
India’s largest private equity fund has become the latest to float a fund to cash in on India’s booming real estate sector, estimated to reach $90 billion by 2015.
Advent International is following regional rival GP Investimentos into the Brazilian restaurant sector with its agreement to buy Viena for an undisclosed amount.
The firm’s $360m India-focused fund has made its largest investment so far in an IT park in Navi Mumbai.
The European property fund manager’s new fund will focus on non-traditional areas of the market for a target return of 20 percent per annum.
As Japanese land prices continue to rise, Goldman Sachs has teamed with Aetos Capital to buy a Japanese company with a 179-strong property portfolio.
The largest pension fund in the US now has approximately $3 billion of its real estate assets in Asia.
Having recently reported an increase in value and growth in the region, the firm’s private equity real estate arm will launch an East Africa-dedicated fund, its fifth fund in the last two and a half years.
Specialist property lender Hypo Real Estate is underwriting the construction of a large logistics complex in Moscow by Apollo Real Estate Advisors and its Israeli partner.
The Los Angeles-based investment giant will buy pan-Asian real estate investor Panagaea Capital as LP interest in Asian real estate surges.