Canada Pension Plan Investment Board (CPPIB) will commit $200 million to its first real estate venture in India. In partnership with the Shapoorji Pallonji Group, it will acquire income-producing...
Real estate | 29 Nov 2013 |
The Blackstone Group’s Real Estate Partners unit is in the process of exiting its 35% stake in Bangalore-based project management consultancy Synergy Property Development Services in a deal valued at INR2.6 billion ($41.7 million)
South Asia | 27 Nov 2013 |
The sudden death of Ved Prakash Arya in 2011 left Milestone Capital Advisors without a founder and figurehead. His widow, Rubi Arya, took up the reins. She tells AVCJ how the business is moving forward
Real estate | 27 Nov 2013
Spring REIT, a real estate investment trust owned by AD Capital, is looking to raise up to $229 million through a Hong Kong IPO. The REIT owns two office buildings in Beijing's China Central Place.
Real estate | 25 Nov 2013 |
Gaw Capital Partners, a Hong Kong-based private equity real estate firm, has acquired Waterside House - an office building in London - on behalf of a pool of South Korean institutional investors.
Real estate | 21 Nov 2013 |
The Blackstone Group and Xander Group-backed Indian developer Panchshil Realty are set to buy a majority stake in an office tower in Mumbai for close to INR9 billion ($144 million).
Real estate | 20 Nov 2013 |
RRJ Capital, the Hong Kong-based private equity firm set up by former Hopu Investment Management executive Richard Ong, is said to be launching a $1 billion real estate fund targeting investments in China.
Greater China | 19 Nov 2013 |
Ontario Teachers’ Pension Plan (OTPP) has invested HK$299.9 million ($38.7 million) in Macau casino and hotel developer Louis XIII Holdings through a zero-coupon convertible bond issue. This is the Canadian pension plan’s second commitment to the...
Real estate | 11 Nov 2013 |
An Indian franchisee of KidZania, a kids indoor theme park chain backed by Xander Group, is looking to open as many a five theme parks in the country, investing up to $75 million.
South Asia | 08 Nov 2013 |
The Carlyle Group has completed the acquisition of Metropolitan Real Estate Equity Management (MREEM), a real-estate fund-of-funds business with more than $2.6 billion in capital commitments. Equity for the transaction came from Carlyle's balance sheet...
Real estate | 05 Nov 2013 |
The Blackstone Group and ICBC International will acquire stakes of 40% and 6% respectively in Chinese shopping mall developer and operator SCP. The financial terms were not disclosed but Blackstone’s investment is reported to be worth $400 million....
Greater China | 04 Nov 2013 |
Hydoo International Holdings, a Chinese commercial real estate developer backed by Hony Capital, has raised more than $200 million in a Hong Kong IPO.
Greater China | 01 Nov 2013 |
The Blackstone Group is looking to increase its investments in Australian real estate and private equity, according to Stephen Schwarzman, the firm’s co-founder.
Buyout | 29 Oct 2013 |
RRJ Capital has agreed to invest $50 million in Shanghai-headquartered real estate developer CIFI Holdings via a new share subscription. The firm, which went public in Hong Kong last December, raising approximately $214 million, will use the capital for...
Real estate | 17 Oct 2013 |
The Commonwealth Property Office Fund (CPA) has rejected a A$2.7 billion ($2.6 billion) takeover bid from the Canada Pension Plan Investment Board (CPPIB) and Dexus Property Group (DXS) to acquire the trust's Australian office portfolio.
Australasia | 15 Oct 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
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.
, Four Seasons Hotel, Sydney