ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised €200 million ($225 million) for Venn Commercial Real Estate Fund II (VeCREF II), marking an initial closing for its first investment… Read More>>
ARA Asset Management has taken a majority stake in London-based non-bank lender Venn Partners LLP, as the Singapore-based company branches out into real estate debt opportunities.
The Warburg Pincus-backed fund manager said in an announcement today that it will provide… Read More>>
ARA Asset Management took another step toward establishing a global footprint this week when the Singapore-based firm announced a European joint venture focused on real estate debt opportunities.
The Warburg Pincus-backed fund manager has reached an agreement with London-based Venn… Read More>>
Financing for Chinese property developers plunged by 58.15 percent month-on-month in August amid an intensifying government clampdown on the housing market, according to data cited by the Securities Times.
Total new financing provided to China’s builders reached RMB 36.83 billion… Read More>>
In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>
CapitaLand announced today a $556 million first closing of its inaugural discretionary real estate debt fund, as Chinese property developers seek to refinance over $41 billion in debt during the first half of 2019.
The fund, named Credo 1, has… Read More>>
China Evergrande Group, the mainland’s most indebted developer, announced on Tuesday that it will conduct a further international offering of $3 billion in senior notes in what has been Asia’s biggest offshore high-yield bond sale so far this year.
The… Read More>>
Hong Kong private equity firm Gaw Capital and property developer China SCE Group Holdings have agreed to establish a long-term rental apartment investment platform in China backed by initial funding of $800 million, China SCE has announced.
The joint venture aims… Read More>>
China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>
Financially troubled mainland conglomerate HNA Group has now disclosed that it is seeking to unload a set of domestic assets worth RMB 7.6 billion ($1.1 billion), according to local media reports citing public statements by officials representing the parent company of… Read More>>