Jonathan Brasse
Jack Chandler becomes global CIO, paving the way for Philip Ling to take over as chief executive officer of its Asia business. Chandler’s new brief is more investor-focused but he will retain Asia responsibilities.
Keith Barket, global head of real estate at the New York-based firm, has passed away after succumbing to stomach cancer.
A debt-for-equity swap has given the Connecticut-based private equity and real estate firm a substantial stake in the former New York Times headquarters.
Abu Dhabi has committed $10 billion to help neighbouring Dubai meet is debt obligations, including its $4.1 billion Islamic bond, which matured today.
The New York-based alternative investment firm’s Asian fund debut is to target up to $800m of equity from investors ahead of a final close in the first half of 2010, PERE has learnt
The state-owned ports and real estate conglomerate at the centre of Dubai’s current economic crisis has announced it is focusing the restructuring of its debt obligations towards itself and its real estate subsidiaries Nakheel and Limitless. It also confirmed that asset sales could form part of the process.
The firm founded by Sam Kaneko brought a very un-Japanese style of investment to Asia’s largest market. This allowed daVinci to grow into Japan’s largest private equity real estate firm but, according to market insiders, was partly to blame for the dire problems the firm faces today. PERE magazine, Dec 2009-Jan 2010 issue
In a statement released today, Abdulrahman al-Saleh, director general of Dubai’s department of finance, distanced the financial position of the state from the debts of Dubai World, a ports and real estate investment conglomerate it owns.
Four veterans of the Asia real estate market gather in Singapore to compare notes. For the third year, PERE organised a roundtable discussion about the Asia real estate investment opportunity, this time in Singapore’s iconic Raffles Hotel. Our four Asia old-hands spoke optimistically about the forward fundamentals of many Asian countries, but voiced caution about the fragility in the west. PERE November issue.
The global head for Asia of AXA Real Estate Investment Managers is half-way through leading the French insurer’s four-fund launch strategy in Asia. Last month, Khoo signed a memorandum of understanding with Japan’s Sumitomo Trust & Banking to launch a Tokyo office fund. He explained the tie-up to Jonathan Brasse. PERE magazine, PERE 2009.