Jonathan Brasse
The Middle East’s largest private equity firm has launched a joint venture entity with Saudi gateway investment body Saudi Arabian General Investment Authority (SAGIA), to invest SAR2bn in the country across sectors including real estate, private equity and infrastructure.
CIC is to open an office in Toronto according to a report by CNBC. The office is only the second to be opened by the $300 billion sovereign wealth fund outside of Greater China since its inception in 2007.
The real estate division of Colonial First State Global Asset Management has started fundraising on an investment fund aimed at Australia's 'sub-regional' and 'neighbourhood' shopping centres.
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
Sniper Capital-managed London-listed Macau Property Opportunities Fund is to begin development on its first investment in mainland China, an industrial warehouse scheme. The firm is attempting to tap into opportunities arising from the forthcoming construction of the Hong Kong-Zhuhai-Macau bridge.
The former colony receives most attention for its gaming. One firm sees potential in its leisure industry instead. PERE magazine September 2010 issue
Parsippany-based Pramerica Real Estate Investors and London-based Rockspring Property Investment Managers become the latest beneficiaries of the National Pension Service of Korea’s desire to increase its exposure to alternative assets.
Ed Greene, who lead the Asia business for placement agent CP Eaton Partners, has now launched his own firm. Starting with nine staff, Diamond Dragon Advisors is to advise on sectors including real assets, real estate, private equity, and hedge funds.
Sniper Capital, the Macau-focused fund management business, has launched its first private equity real estate fund as it aims to capitalise on a lack of non-gaming leisure real estate on the former Portuguese colony.