KKR has launched its second Indian non-banking financial company (NBFC), teaming up with Singapore’s GIC Private to focus on providing structured credit solutions for real estate developers.
Real estate | 08 Jan 2015 |
SC Capital Management has reached a final close of $850 million on its fourth Asia-focused property fund. The corpus represents a substantial increase on Fund III, which raised $530 million in 2011.
Fundraising | 12 Dec 2014 |
ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
South Asia | 29 Oct 2014 |
Suning Commerce Group, China's leading home appliance retailer, has sold 11 stores to CITIC Securities’ direct investment arm Goldstone Investment for RMB4.01 billion ($655 million).
Greater China | 16 Oct 2014 |
The investment arm of global real estate advisor CBRE has announced a final close on the Asia Alpha Plus III (AAP III) Fund of $236 million.
Fundraising | 12 Aug 2014 |
India’s long-awaited real estate investments trusts (REITs) inched closer to reality as the government offered clarification on the tax status of the structures.
Real estate | 11 Jul 2014 |
Prologis, an industrial real estate investment trust (REIT), has increased $588 million to Prologis China Logistic Venture, a platform used to acquire and manage logistics properties in China.
Greater China | 08 Jul 2014 |
A PAG-led consortium has acquired a portfolio of around EUR700 million ($954 million) in primary subordinated loans held by Commerzbank’s Japan real estate subsidiary, plus local operations and staff.
Real estate | 27 Jun 2014 |
StepStone has moved into the real estate sector with the addition of executives from Clairvue Capital Partners. The new team has built portfolios in the US and Europe and plans to add professionals in Asia over the next 12 months.
Real estate | 26 Jun 2014 |
Piramal Capital has merged its real estate private equity fund management business - Indiareit - and its real estate-focused non-banking financial company (NBFC).
South Asia | 29 May 2014 |
Sino-US real estate investor Century Bridge Capital has committed $60 million to two joint venture developments in China.
Greater China | 20 May 2014 |
IDFC Alternatives has reached a final close of INR7.5 billion ($123 million) on its debut India real estate fund.
Fundraising | 21 Mar 2014 |
Segregated Funds Group (SFG), the private equity unit of Jones Lang LaSalle (JLL), has reached a INR1.6 billion ($27 million) final close on its maiden Indian real estate fund - short of its original INR3 billion target.
South Asia | 13 Feb 2014 |
India's Piramal Enterprises is to form a $500 million realty debt fund with CPPIB Credit Investments,, a subsidiary of the Canada Pension Plan Investment Board (CPPIB).
Mezzanine | 13 Feb 2014 |
Indian industrial real estate and warehousing facilities developer IndoSpace, has closed its second fund at $330 million, exceeding its target size at $300 million. IndoSpace is a joint venture between the Everstone Group and Canada-based Realterm Global.
Fundraising | 22 Jan 2014 |
Updating your subscription status
The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta