M.K. Sinha, CEO of IDFC Alternatives, explains how the firm has been focusing on private equity exits, gradual accumulation of assets in infrastructure, and opportunistic openings in real estate
KKR has signed up another partner for its India-focused real estate non-banking finance company (NBFC), with US-based investor The Townsend Group agreeing to commit capital.
The private equity arm of India's Essel Finance has invested INR400 million ($6 million) across two housing projects by Mumbai-based developer Rashmi Housing, and will invest another INR350 million in a third project.
IDFC Alternatives is preparing to launch its latest private equity fund soon, which will have a target of $400 million.
BPE Asia Real Estate, the property-focused affiliate of Baring Private Equity Asia, picks its markets based on entry price per square foot. When investing in property developments, this is inextricably tied to land costs.
Baring Private Equity Asia’s real estate affiliate has closed its debut fund with $365 million in commitments. The first two investments have also been completed in South Korea and the Philippines, respectively.
Mercury Capital Investment, a subsidiary of Singapore-listed Mercurius Capital Investment, has teamed up with a Chinese real estate developer to launch a RMB500 million ($80 million) PE fund targeting urbanization projects in China.
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.
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.
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.
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).
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.
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.
Prologis, an industrial real estate investment trust (REIT), has raised another $588 million for Prologis China Logistic Venture, a platform used to acquire and manage logistics properties in China.
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.
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.
Piramal Capital has merged its real estate private equity fund management business - Indiareit - and its real estate-focused non-banking financial company (NBFC).
Sino-US real estate investor Century Bridge Capital has committed $60 million to two joint venture developments in China.
IDFC Alternatives has reached a final close of INR7.5 billion ($123 million) on its debut India real estate fund.
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.
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).
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.
ASK Group has reached a first close of $50 million on its debut offshore real estate fund. The full target for the vehicle, which will invest in middle income residential projects in Mumbai, Bangalore, the Delhi National Capital Region (NCR), Pune and...
Piramal Enterprises’ Indiareit Fund Advisors has reached a final close of INR10 billion ($160.5 million) on its fifth domestic fund.