Jones Lang LaSalle is now planning to raise a new commercial realty fund. JLL plans to raise Rs.1200 Cr for investing in the commercial sector. BANGALORE: Last year Jones Lang LaSalle has invested in the residential market of Bangalore. This year JLL is planning to have a shift from the residential sector to the commercial […]
Tag: Real Estate Fund
Blackstone Launches Asia Focused Real Estate Fund
Blackstone Group LP is about to launch its Asia Focused Real Estate Fund. Blackstone Group hopes to seize the Asian real estate market with this fund. Blackstone Group is considered as the largest private real estate firm in the whole world. The firm has revealed its plans to launch another real estate fund in Asia.
Infinite India Invests $13M in Pune Project
JM Financial group promoted Infinite India Investment Management has invested $13 million through its realty fund Infinite India Real Estate Fund in Pune-based developer Kumar Urban Development Ltd’s (KUL) residential project, said sources close to the development. The source privy to the development said the transaction has been inked recently for an equity stake in a high end […]
US-based hedge fund QVT Financial opposes Hirco’s restructuring
US-based hedge fund QVT Financial LP has strongly opposed Hirco Plc’s proposal to merge two Indian subsidiaries of the Hiranandani group with itself. QVT holds a minority stake in Hirco, a real estate fund floated by the Mumbai-based developer Hiranandani group in the Alternative Investment Market (AIM) of London. Hirco has called an extra-ordinary general […]
Mapletree Starts Third Property Project In China
Mapletree, a property investment unit of Singapore state-owned Temasek Holdings, announced on Monday that its private real estate fund, Mapletree India-China Fund (MIC Fund), is developing a property worth US$320 million in China’s Guangdong Province. This is MIC Fund’s third investment in China after its investments in a residential and retail development in Xi’an and […]