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Thomas Duffell

Thomas Duffell is the Asia Editor for PEI Media. Based in PEI’s Hong Kong office, he is responsible for the cohort of Hong Kong-based reporters and Research & Analytics personnel as the company’s senior editorial representative in the region. He was previously Features Editor for PEI’s private equity real estate title PERE, where he was responsible for the publication's long-form journalism and analysis.

Global Investor 50: Macquarie on real estate’s global trendsetters

Capital continues to compete to be invested in global property markets. This is leading the world’s largest pools to commit to the institutionalization of niche sectors and head to ‘growth’ markets in search for outperformance, Macquarie’s Brett Robson tells PERE.

Global Investor 50: QuadReal goes global

QuadReal is undertaking an ambitious international growth plan after being launched by bcIMC, one of Canada’s largest institutional investment managers, in 2016. Investors Jonathan Dubois-Phillips of QuadReal and Eric Wurtzebach of Macquarie Capital discuss the challenges and opportunities of going global in today’s marketplace.

Klein departs Cromwell for Corestate

The former founder of Park Hill’s Real Estate’s European business is to move on from Australia group Cromwell’s European team after 18 months in the job.

Gaw Capital eats into Fund V equity buying $2.9bn HK retail portfolio

Private equity real estate firm Gaw Capital Partners led a consortium of investors in acquiring a retail portfolio comprising 17 shopping centers in Hong Kong from listed-property company LinkREIT for  HK$23 billion ($2.95 billion; €2.49 billion). The consortium consisted of Gaw and some limited partner co-investors, as well as the private equity arm of New […]

Asia roundtable: Growing from within

Even as increased geopolitical risk threatens to undermine Asia’s continued economic growth, the outlook for real estate in the region remains positive,

Shifting gears in the secondaries market

Managers of real estate secondaries funds are creating their own niches to put to work the huge sums of dry powder they collected in recent years.

Phoenix generates 50% IRR on Hong Kong office exit – Exclusive

Phoenix Property Investors has exited its investment in Enterprise Square III for around $171 million, generating a gross post-tax IRR of 50 percent. The sale marks the seventh exit from Phoenix Asia Real Estate Investments V, which the firm closed on $750 million at the end of 2013. The firm has made 19 investments so […]

BPE Asia Real Estate makes 24% IRR on second Philippines deal – Exclusive

The real estate investment division of the private equity firm Baring Private Equity Asia has been paid off for one of the largest real estate loans for a land development play in the Philippines.

Secondaries’ latest trend sees managers grow their offering

Fund recapitalisations are now better accepted by managers and investors alike and will form a more meaningful part of future secondaries deal flow as a consequence.

Chinese duo to create $4.5bn logistics powerhouse

Chinese pair Suning Commerce Group and Shenzhen Capital Group are aiming to create a RMB 30 billion ($4.5 billion; €3.8 billion) logistics platform after pairing up to acquire retail giant Suning’s mature warehouse facilities and other high-standard logistics properties. The pair announced that they have set up a vehicle which will initially raise RMB 5 […]