Sunshine 100 China Holdings - a commercial and residential real estate developer backed by Warburg Pincus - has raised about HK$2 billion ($259 million) after pricing its Hong Kong IPO at...
Greater China | 07 Mar 2014 |
Sunshine 100 China Holding, a Chinese property developer backed by Warburg Pincus, has launched its Hong Kong IPO, seeking up to HK$2.4 million ($310 million).
Greater China | 28 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 |
Sunsuper, the Australian superannuation fund, has acquired control of Discovery Holiday Parks, paving an exit for Next Capital, Allegro Funds and Macquarie Funds. The deal, which values the asset at A$240 million ($215 million), will see Sunsuper raise...
Australasia | 11 Feb 2014 |
Cerberus Capital Management has reportedly completed the sale of its stake in Japanese property operator Kokusai Kogyo for about JPY140 million ($1.37 billion).
North Asia | 10 Feb 2014 |
GIC Private and Macquarie Capital have formed a joint venture to acquire a majority stake in Australian student accommodation operator Iglu.
Australasia | 29 Jan 2014 |
Chinese financial conglomerate Fosun Group and Prudential Financial plan to launch a real estate joint venture aimed at investing in mixed-use development projects in urban centers in China.
Greater China | 23 Jan 2014 |
Accel and Tiger Global have upped their stake in Indian online real estate portal CommonFloor, together investing an additional INR640 million ($10.3 million) in the company.
South Asia | 21 Jan 2014 |
Grant Kelley, head of Apollo Global Management’s Asia Pacific real estate business, has joined listed Singapore property developer City Developments (CDL) as CEO.
People | 17 Jan 2014 |
Chinese internet company Tencent Holdings has bought a 9.9% stake in China South City Holdings, a logistics center operator that count PAG among its investors, for HK$1.5 billion ($193 million).
Expansion | 16 Jan 2014 |
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...
Fundraising | 15 Jan 2014 |
Seibu Holdings, the Japanese conglomerate that had a bitter falling out with leading shareholder Cerberus Capital Management over a planned IPO three years ago, is finally expected to list in Tokyo in the first half of 2014.
Exits | 15 Jan 2014 |
The Blackstone Group has received more than $3 billion in capital commitments for its first Asia real estate fund, which is targeting $4 billion.
Real estate | 08 Jan 2014 |
BlackRock-owned real estate investor MGPA has sold its stake in The Westin Singapore hotel to Japan’s Daisho Group for a reported S$468 million ($369 million).
Real estate | 02 Jan 2014 |
Chinese warehousing developer and operator e-Shang, which was co-founded by Warburg Pincus and two local entrepreneurs in 2011, will receive $120 million in pre-IPO financing from Goldman Sachs. Warburg Pincus has also committed a third round of investment,...
Expansion | 12 Dec 2013 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney