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Listed real estate group to fund project in Melbourne led by developer PDG. : Mirvac is to acquire 490 completed build-to-rent apartments on the fringes of Melbourne’s central business district for A$334m (€207m). It is the first Australian listed real estate group to commit to the nascent sector, having already begun to build rental apartments in Sydney. Foreign investors Abu Dhabi Investment Authority and US multifamily developers Sentinel and Greystar, in a joint venture with Macquarie Capital, have also entered ... Full investment news article
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Inside Softbank's Vision Fund The $100B Tech Unicorn Factory
SoftBank's Vision Fund is the world's largest tech investor and has backed companies like Uber, WeWork, and Ola. The $100 billion is partly funded by SoftBank, with significant backing from Saudi Arabia's Public Investment Fund. The fund is most closely associated with SoftBank Group's CEO, Masayoshi Son. But the senior team is made up of a number of former investment bankers and technologists. Together, they're writing checks for billions of dollars and reshaping the tech landscape. Softbank's Vision Fund has ... Full investment news article
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