Tag: Real Estate Fund

Blackstone Buys StarHub Business Park in its First Singapore Deal

Private equity group Blackstone Group has made its first acquisition in Singapore, buying the StarHubGreen project from Germany’s SEB Asset Management for S$215 million ($173 million). Stargazer Blackstone bought the 400,000-square-foot business park as part of an opportunity real estate fund, according to a source familiar with the deal. SEB and Blackstone agreed to the terms of the deal […]

Saffron Group Wants Foremost Place In Realty Funding

Real estate private equity firm Saffron Group on 25th may said it has chalked out a two-sided plan to become a leading player in the market staying put for a minimum 5 yrs in upcoming properties and buying out properties with assured rental income. The Group, a brainchild of Ajoy Veer Kapoor and his peers […]

Indian regulator allows fund houses to start real estate mutual funds

MUMBAI – Indian market regulator, the Securities and Exchange Board of India (SEBI), said it has amended the regulations to allow domestic fund houses to start real estate mutual funds (REMF) in the country. In a release, the regulator said however that existing mutual funds have to fulfill certain conditions, such as having an sufficient […]

ING Unit Launches Asian Real Estate Fund In Hong Kong

HONG KONG ING Group NV’s asset management unit Monday launched a fresh Asia real estate fund in Hong Kong that invests in listed real estate securities across the region. Most of the portfolio will be invested in real estate companies and real estate investment trusts, ING said. The fund is at first being offered only […]