The deal represents the US fund house's first foray into the Asia-Pacific private real estate market.
MGPA restructures, Gottex hires marketing head, BlueBay names new CEO as Aviva Investors rejigs, Lend Lease replaces MD, Tora adds in Asia sales, and Newedge hires trio.
Three German institutions commit €85 million to the fund which expects to hold a second close by year-end.
With little exposure to Greek debt, domestic banks are still lending to Japan’s real estate sector.
MGPA’s revamp of the Intermark complex in Kuala Lumpur shows that, with a bit of muscle, 'concrete lump' vernacular architecture can be turned into a thing of beauty.
Property fund MGPA is about to receive the keys on the completion of Singapore’s biggest ever Grade-A office development.