Egypt’s Madinet Masr has launched its new flagship development ‘Talala’ in New Heliopolis City, investing EGP 90 billion into a project designed to offer sustainable, high-quality living across a wide range of residential units.
King Street Capital Management has successfully rounded off fundraising for its newest European real estate venture, pulling in a hefty $950m (€807.4m) for its European Real Estate Special Situations Fund II, better known as ESS II. The fund, which wrapped up at its hard cap within just a year, has drawn backing from a wide mix of global investors spanning North America, Europe, Asia, and the Middle East.
BGO has closed its largest-ever capital raise, amassing over US$5.1 billion for its flagship Asia-focused value-add real estate fund, with strong global investor support and a sharp focus on high-potential markets such as Japan, South Korea, Australia, and Singapore.