December 9, 2008 – 3:45 am
Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets. The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes […]
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Posted in Property News
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Also tagged Current Market, Economic Slowdown, Global Financial Turmoil, Global Investors, High Interest Rates, Hingorani, Industrial Projects, Infrastructure Fund, Initial Target, Investment Managers, Market Situation, Office Space, Private Equity Firm, Real Estate Sector, Realty Fund, Supply Glut, University Endowments
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JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill a gap as Indian and Chinese developers crave funds and lenders and rival investors recoil from property markets. The investment bank, which has fared better than some Wall Street rivals because of smaller exposure to […]
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Posted in Property News
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Also tagged Ambitious Projects, Construction Industry, Foreign Investors, Initial Public Offerings, invest, Investment Bank, Lenders, Long Term Relationships, Market Consolidation, Mortgage Investments, Plum, Rivals, Stock Market Slump, Wall Street
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Indonesian company Lippo Group declared that it is not discouraged by a slump in Asian property markets and increasing financing costs, and decides to invest ten billion dollar on projects and acquisitions over the next half decade. The group is aiming various kind of projects such as retail, residential, hospital and hotel projects, and also […]
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Posted in Property News
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Also tagged Asian Countries, Assets, Distressed Property, Downturn, Economic Cycle, Emerging Markets, Group President, Hotel Projects, Indonesian Company, Internal Resources, Lippo Group, Reits, Shopping Malls, Stephen Riady
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Pacific Star International (Thailand) plans to bring more foreign funds to invest in the Thai property market as assets here can generate high returns at double-digit rates. “They are global financial institutions, banks and insurance companies, who aim high and are happy to invest here. Investing in Thai properties could produce an internal rate of […]
February 18, 2008 – 5:06 am
Growing realty sector of India has attracted overseas investors and figures in the top three property markets round the world, presenting the finest prospect for capital appreciation after the US and China. In the group of the most favorite property market in between foreign investors globally, US has retained its top position, while China was ranked […]