Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. September 20, 2017

Related Chairman Stephen Ross Donates $50m To The University Of Michigan

Related Cos. Chairman Stephen Ross, the University of Michigan’s biggest benefactor, is giving an additional $50 million to his alma mater. The latest gift, announced Wednesday, brings his total contributions to $378 million. Ross, 77, who also owns the Miami Dolphins, graduated from the Ann Arbor school in 1962 with a bachelor’s degree in business administration. “I’m privileged to be able to have the ability to give gifts like this,” Ross, whose company is developing the Hudson Yards project in Manhattan, said in an interview.
Read by 33% of LPs 12 minutes ago

Investment In Realty Sector At USD 5 Bn So Far This Yr: Kpmg | Business Standard News

Institutional investors have put in USD 5 billion so far this year into the real estate sector, largely in commercial assets, according to KPMG. "USD 5 billion invested by institutional investors since the beginning of 2017 -- a record year in the making," the consultant said in a statement. The investments are preferred in commercial assets such as office space and warehouses. "USD 111 million is the average deal size in 2017, which is more than double the deal size witnessed in last few years.
Read by 62% of LPs 42 minutes ago

Capitaland Commercial Trust To Buy Marina Bay's Asia Square Tower 2 Building For S$2.09b

SINGAPORE: CapitaLand Commercial Trust (CCT), Singapore's largest office real estate investment trust, is acquiring Asia Square Tower 2 building at Marina Bay for a property value of S$2.09 billion. CCT made the announcement on Thursday (Sep 21) afternoon, following a trading halt of the REIT's ...
Read by 41% of LPs 1 hour, 7 minutes ago

Encanto Potash Secures $100m Commitment From Gem

Encanto Potash Corp (TSX-V: EPO), a Canadian potash development and mining company, has secured a $100 million funding facility. The investor is Global Emerging Markets (GEM), a U.S. private equity firm. The f [...]
Read by 45% of LPs 1 hour, 7 minutes ago

Pantheon Ventures Names New VP And Partner

Pantheon said Sept. 21 that Richard Sem was named a partner within its global infrastructure & real assets investment team, while Tatjana Van Vloten joins as vice president and Radhika Patel as an analyst.
Read by 58% of LPs 1 hour, 42 minutes ago

IBM Ventures To Make Its First Blockchain Investment

The venture arm of one of the most recognizable names in the tech industry hasn't yet put its money where its mouth is on blockchain - but that may be about to change. While global tech giant IBM has so far focused mostly on investing employee time and energy into the emerging technology, it's only just now gearing up to take an equity stake in an industry startup.
Read by 77% of LPs 4 hours, 2 minutes ago

Services Marketplace Homergize Secures $1 Mn Pre Series A Funding

Bengaluru-based services marketplace Homergize has raised $1 Mn (INR 6.5 Cr) Pre-Series A funding. The startup brings professionals like architects, interior designers, landscape architects and contractors onto a single platform to cater to all construction and remodeling needs of customers and businesses. The funding was raised from LG Chandrasekhar, founder and Chairman of medical device [...] The post Bengaluru Based Services Marketplace For Construction And Interior Designing, Homergize, Secures $1 Mn Pre Series A Funding appeared first on Inc42 Media.
Read by 73% of LPs 4 hours, 2 minutes ago

East Ventures Launches $30M Indonesia-Focused Fund

Singapore-based VC firm East Ventures has launched a $30 million investment fund. This is the sixth fund launched by the VC firm. The fund will look for Seed to Series A technology startups in Southeast Asia. It will focus on Indonesia to leverage on the fund's local expertise.
Read by 59% of LPs 4 hours, 32 minutes ago

Ex-Barclays CEO Raises $46M For Fintech Startup

Former Barclays CEO, Antony Jenkins, has raised PS34 million ($46 million) for his fintech startup 10X Future Technologies. The Series A funding round was led by Chinese firm Ping An Insurance and consulting firm Oliver Wyman.
Read by 37% of LPs 4 hours, 32 minutes ago

Indian Real Estate Attracting New Global Investors

Institutional investors have upped their game in Indian real estate and the offshore investor base is on the rise as new set of investors including pension funds and sovereign wealth funds from countries such as Canada, Netherlands, Qatar and Singapore are increasing their exposure to Indian real estate.
Read by 61% of LPs 4 hours, 37 minutes ago

Sycamore Partners Names Lederer To Senior Advisor Post

New York-based private equity investor Sycamore Partners has named former U.S. Foods CEO John Lederer as a senior advisor to the firm and chairman of the board of new portfolio company Staples. read more
Read by 51% of LPs