Dave Keating
The Kuwait-based firm has announced the closing of a $75 million fund, with 40 percent already committed to four deals in Dubai and Kuwait.
Kim Ho-Shik, former president of South Korea’s $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
Martin Lamb, who previously worked for the Morgan Stanley Real Estate Funds, has been hired by the service provider to join the Singapore office as head of Asia Pacific property.
The new vehicle , already 20 percent invested, will invest in high specification commercial premises in Southeast Asia, Hong Kong and China.
The construction giant is reportedly planning a private fundraising for DLF Assets, the primary buyer of properties constructed by DLF.
The number of recent private equity investments in wind farms has been head-spinning.
The Kuwait-based firm has acquired a quarry and site for a cement plant in Tunisia on a Greenfield plot over 220 hectares.
The Indian private equity firm has acquired a 49 percent stake in a project in Kolkata and is set to invest in further projects in the National Capital Region, Mumbai and Bangalore.
After the Investment Corporation of Dubai dropped out of the bidding for Land Securities’ $2.8bn outsourcing arm Trillium, the Qatar Investment Authority has reportedly emerged as a prospective bidder.
The Mumbai-based firm, a partnership between Apollo Real Estate Advisors and the SUN Group, will acquire a stake of around 40 percent in a special purpose vehicle for $70m.