A statement on Friday by the Canadian Pension Plan Investment Board (CPPIB) reveals that the manager of Canada’s largest pension body has taken an anchor stake in the most recent real estate fund assembled by Hong Kong-based private equity shop… Read More>>
Hong Kong-based alternative investment manager PAG has reportedly raised $1.2 billion in fresh capital for its latest Asia Pacific real estate opportunity fund, according to market sources who spoke with Mingtiandi.
The new funding is understood to have been raised… Read More>>
Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>
Hong Kong-based alternative investment manager PAG has reached a further closing of its new pan-Asia property fund, bringing the investment vehicle up to $1.3 billion in commitments.
This latest closing of PAG Real Estate Partners Fund (PREP) comes just over… Read More>>
Hong Kong-based alternative investment manager PAG has reportedly raised over $1 billion for a new pan-Asia fund focusing on core-plus real estate assets.
The PAG Real Estate Partners fund, which held a first closing in recent weeks, now expects to… Read More>>
For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).
The project on the block this week… Read More>>
A private equity group led by TPG Capital of the US is moving quickly to create what could be the world’s second-largest property consultancy by swooping in to acquire New York-based Cushman & Wakefield for a reported $2 billion.
According… Read More>>
Real estate service provider DTZ this week confirmed the close of its sale to a private investment consortium composed of TPG Capital (TPG), PAG Asia Capital (PAG) and Ontario Teachers’ Pension Plan (the TPG & PAG Consortium), by Australian engineering… Read More>>
Hong Kong Chief Executive CY Leung has been under fire from democracy protestors in Hong Kong, but now the former head of Asia for real estate service firm DTZ is taking even more heat for allegedly negotiating a personal windfall… Read More>>
This week three private equity veterans jump ship and the eastern China head of one of the global agencies steps up to a national level. Find out who’s doing what in China’s real estate industry by reading on.
Claire Chan… Read More>>