Global private equity firm KKR is opening an office in Shanghai, marking its third location in Greater China after Beijing and Hong Kong. The new address in the mainland financial hub is aimed at enhancing the company’s focus on the… Read More>>
Private Equity Pioneer KKR Raises $9.3B for Third Asian Fund
Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>
Tishman Speyer Signs $1.4B Deal with Chinese Online Wealth Manager Creditease
American real estate developer Tishman Speyer signed a funding agreement with the wealth management arm of China’s fintech heavyweight CreditEase this week which could provide the US company with as much as $1.4 billion in funding from Chinese consumers.
The… Read More>>
Asian Fund Managers Said to Grab 92% of Capital for Regional Real Estate Funds
Money to invest in Asian property is increasingly being raised by real estate fund managers within Asia Pacific according to research released this week by an alternative investment market tracker.
Asia-based fund managers represent 92 percent of the property fundraising… Read More>>
Mingtiandi’s Michael Cole to Chair Shanghai Real Estate Conference
One of China’s most important gatherings of real estate investors will be held in Shanghai on Wednesday, as some of the region’s biggest real estate developers, fund managers, and asset managers gather for the Private Equity Real Estate (PERE) China… Read More>>
APAC Core Real Estate Funds Return 10.7% in 2014
Real estate funds focusing on core assets – mature properties in prime locations – achieved top financial results for regional investors in 2014, returning an average of 10.7 percent on their investments and outperforming higher risk opportunity funds.
For funds… Read More>>
Logistics Developer Yupei Signs Deal for $300M Ecommerce Base in Wuxi
A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>
China Vanke Sells 9 Properties to Carlyle Group
China’s largest developer by sales took a major step toward transforming its business model last week when Vanke signed a memorandum of understanding to sell a nine of its commercial real estate projects to Carlyle Group.
The deal between China… Read More>>
Carlyle Could Spend RMB 10B to Buy into 9 of China Vanke’s Malls
China’s real estate downturn may turn out to be good news for Carlyle Group as the private equity firm is said to be in advanced talks with China Vanke to buy into the developer’s shopping mall assets.
According to a… Read More>>
Trophy Property Fund Stake Sold to Partners Group as Investors Seek Exit
The saga of Trophy Property Development Fund, once the pride of one of China’s hottest fund managers, continued to unfold last week as 31 out of the $1 billion fund’s 145 limited partners unloaded their holdings to Partners Group.
The… Read More>>