Michelle Phillips

JLL continues its rebuilding its Asia corporate finance division with three hires.

JLL continues its rebuilding its Asia corporate finance division with three hires.

The Australian superannuation fund has committed hundreds of millions of dollars to a real estate mezzanine finance fund managed by Australia-based Qualitas Property Partners.

Although a short-term headache, China’s ‘credit crunch’ is not expected to heavily impact real estate investment in the country in the long run.

The Manila-based bank hopes the sovereign loan will help catalyse more private sector infrastructure investment.

The Australian funds manager has made two hires to its debt team, and hopes to add another pair in the coming months to increase its presence abroad.

The Australia-based fund manager hopes to hold a first close on June 28 for its latest special situations fund, through which it is providing Australian real estate developers with financing.

Alternative sources of debt needed to finance over $10trn of Asian infrastructure, delegates heard at a recent World Bank forum.

Institutional investors overwhelmingly cite deep due diligence as a prelude to new investments, according to an E&Y survey.

Banks and other traditional debt providers have decreased their funding to businesses in Asia forcing entrepreneurs to accept financing from credit managers, explains Robert Petty of Clearwater Capital Partners.