Apollo Global Management has agreed to buy half of Leighton Holdings’ maintenance services business, generating cash proceeds of around A$700 million ($573 million) for the Australian...
Australasia | 19 Dec 2014 |
SoftBank Group is leading a $90 million round of funding for Locon Solutions, operator of property listing platform Housing.com. It will become the largest investor in the business.
Expansion | 17 Dec 2014 |
The Blackstone Group is backing an investment platform launched by City Developments (CDL) that will enable the Singapore real estate firm to raise S$1.5 billion ($1.1 billion) in return for exposure to cashflows generated by properties on the resort...
Real estate | 16 Dec 2014 |
National Australia Bank (NAB) is selling another GBP1.2 billion ($1.9 billion) parcel of distressed UK real estate loans to New York private equity firm Cerberus Capital Management.
Australasia | 16 Dec 2014 |
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 |
News Corp has paid $30 million for a 25% stake in the parent of PropTiger.com, an India-based online property marketing platform backed by SAIF Partners and Accel Partners.
Real estate | 25 Nov 2014 |
The Blackstone Group has invested $150 million in Australian retirement village developer National Lifestyle Villages (NLV).
Real estate | 25 Nov 2014 |
US-based PE investor Francisco Partners will fully exit Australia’s Aconex as the cloud-based project management platform for the construction industry raises A$140 million ($120 million) through an IPO.
Exits | 20 Nov 2014 |
Canada Pension Plan Investment Board (CPPIB) and Goodman Group have invested a further $500 million in their China logistics joint venture, taking the total equity commitment to $2 billion.
Industrials | 20 Nov 2014 |
Chinese private equity firm Sailing Capital has agreed to invest in luxury resort developer Soneva Group. It will support the expansion of a portfolio of properties in the Maldives.
Real estate | 17 Nov 2014 |
Tiger Global has invested $30 million in India-based property listings website CommonFloor.com, which is ultimately expected to pursue a public listing.
Real estate | 25 Sep 2014 |
Tencent Holdings will pay HK$822.5 million ($106 million) to increase its stake in China South City Holdings, a logistics center operator that counts PAG among its investors, to 11.55%.
Greater China | 24 Sep 2014 |
Singapore sovereign wealth fund GIC Private has agreed to set up a joint venture with India's Brigade Group to focus on residential real estate investments.
South Asia | 02 Sep 2014 |
Weaker economic growth and a struggling property market have made real estate fund managers more wary about their China residential exposure. But some still sense opportunity
Greater China | 20 Aug 2014 |
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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