12/29/2014

Creditors meet to help Pie Face earn a crust

The creditors’ meeting in Sydney this morning caps off a ­tumultuous month for the Pie Face chain, which at its peak gathered some of Australia’s smartest investors to back its global plans of international expansion and a possible $150m I

12/28/2014

Shanghai launches FTZ equity investment fund

The fund, which will raise a total of 5 billion yuan (817 million U.S. dollars) and 1.5 billion yuan in the first phase, was initiated by four state-owned enterprises.

12/24/2014

Liquidators try to bankrupt LM’s founder

Liquidators to an LM Investment Management fund are attempting to bankrupt Gold Coast property spruiker Peter Drake, in order to stop him selling assets ­allegedly purchased using investor funds.

12/23/2014

Shariah-compliant REITs could be a reality by 2015

For the first time ever, with eyes firmly planted on lucrative investments from the Middle East, many real estate developers are planning to launch Shariah-compliant REITs, or real estate investment trusts.

12/22/2014

Sharjah keen to attract Indian investments

Seeking to promote Sharjah as an investment hub, a business delegation from the emirate has held discussions with top Indian investors and industrialists.

12/20/2014

Pension, sovereign funds eye Mumbai’s commercial complex

Global pension and sovereign funds including Canada Pension Plan Investment Board, APG, Abu Dhabi Investment Authority are in talks with private equity firm Milestone Capital to acquire 1.12-million-sq-ft commercial property 247 Park in Mumbai

12/20/2014

CDL sells Sentosa cash flows in Asia first

Singapore’s City Developments has sold the rights to present and future cash flows from a luxury development on Sentosa Island in a securitisation that is thought to be the first of its kind in Asia.