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.
Fundraising | 01 Apr 2015 |
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.
Fundraising | 31 Mar 2015 |
The Bureau of Labor Funds (BLF), Taiwan’s largest pension fund system, will allocate a total of $2.4 billion to 12 global alternatives managers - four in real estate and eight in infrastructure.
Greater China | 06 Mar 2015 |
Chinese online marketplace 58.com, a VC-backed classifieds website along the lines of Craigslist, has acquired Anjuke, an online real estate listing platform, for about $267 million.
Greater China | 03 Mar 2015 |
Southeast Asia and India-focused GP Creador has paid INR1 billion ($16.2 million) for a minority stake in Ashiana Housing, a publicly-listed Indian property developer.
South Asia | 11 Feb 2015 |
Sequoia Capital has led a $60 million funding round for Wangzhu Corporation, an online construction services provider controlled by Chinese property developer Greentown Group.
Greater China | 09 Feb 2015 |
Shenzhen Cowin Capital is set to make a full exit from Guangxi Nancheng Department Store as Better Life Commercial Chain Share won approval to buy its rival.
Greater China | 05 Feb 2015 |
Eduardo Saverin, co-founder of Facebook and Singapore resident, has led a S$2 million ($1.5 million) round of seed funding for 99.co, a local property listings site. Sequoia Capital also participated alongside several entrepreneurs-turned-investors.
Real estate | 30 Jan 2015 |
When KKR set up its first India-based non-banking financial company (NBFC) in 2009 to provide structured credit solutions to entrepreneurs, it was funded off the firm's own balance sheet. A few years on, it was reported that third-party investors were...
Financing | 14 Jan 2015 |
Google Capital has provided a new round of funding for CommonFloor.com, an India-based property listings website.
Venture | 09 Jan 2015 |
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 |
Morrison & Co, an investment manager of New Zealand-listed infrastructure fund Infratil, has been looking into Australian retirement village space for a while. In early 2014, it approached RetireAustralia, the country’s fourth-largest player, as a potential...
Real estate | 07 Jan 2015 |
TPG Capital, PAG Asia Capital and their co-investor Ontario Teachers’ Pension Plan (OTPP) have followed up their acquisition of DTZ, the property services arm of Australia-listed UGL, with the purchase of US-based Cassidy Turley.
Buyouts | 06 Jan 2015 |
New Zealand Superannuation Fund (NZ Super) and infrastructure investor Infratil have bought retirement village operator RetireAustralia for A$640.2 million ($521 million) from J.P. Morgan Special Opportunities Group and Morgan Stanley Real Estate.
Buyouts | 02 Jan 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo