SUBSCRIBERS
Carlyle weighing US real estate expansion, says co-founder
Published Wed, Jun 10, 2015 · 09:50 PM
New York
CARLYLE Group LP, the world's second-biggest manager of alternatives to stocks and bonds, may add a real estate offering targeting about 10 per cent returns, co-founder David Rubenstein said.
Carlyle is evaluating whether clients would be receptive to a so-called core-plus strategy in real estate, Mr Rubenstein said at Morgan Stanley's financials conference on Tuesday in New York.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Distressed builder Taeyoung wins debt restructuring vote
China Evergrande to delay 2023 annual results; shares remain suspended
Dubai ruler’s firm refinances US$8.2 billion to tap property boom
US home prices jump by most in nearly two years in February
UK’s second biggest mortgage lender pulls offers over flood risk
China state firm to sell 20 Shanghai office towers in downturn