KepLand property fund unit positive on residential, office, retail and hospitality EMERGING economies may be all the rage, but Keppel Land's property fund manager Alpha Investment Partners still sees good returns coming from matured Asian markets. Alpha is positive on the residential, office, retail and hospitality sectors in 'core' markets such as Singapore, Hong Kong, South Korea and Taiwan. The one...
Property Funds
Opportunistic funds are rapidly losing their status as kingpins of the distressed real estate market, likely hurting their fundraising abilities in the next market cycle, as banks get savvy with problem property debts. While managers such as Blackstone and Orion Capital raised hundreds of billions of dollars to capitalise on the worst market slump in years, most have yet to find the cut-rate deals seen...
Henderson Global Investors, an independent asset manager with US$93.8 billion of assets under management at end-2009, is introducing a suite of property equity funds in China. The Henderson Horizon Global Property Equities Fund, Henderson Horizon Asia-Pacific Property Equities Fund and Henderson Horizon Pan European Property Equities Fund will be distributed exclusively by Citibank China. Henderson said...
Non-landed residential market most likely to gain from influx of foreign talent, say CHUA YANG LIANG and JACQUELINE WONG SINGAPORE'S non-landed residential market put in a strong performance last year, sub-prime notwithstanding, driven by the luxury and prime segments whose resale capital values saw stunning year-on-year growth of 51.7 per cent and 50.6 per cent respectively. Lights, camera, action: Key...