RealEstateFlux

Morgan Stanley, Blackstone Shift Japan Property Focus

Source: Bloomberg Investors in real estate in Japan, such as Morgan Stanley and Blackstone Group LP, are focusing on longer-term investments as financing becomes more expensive because of the global credit crunch reports Bloomberg. Morgan Stanley’s real estate fund, which historically held assets for an average of five years in Japan, may consider holding on to [...]

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Morgan Stanley invests $770 million in Chinese Resort Development

Source: Finance Asia Hong Kong-listed property developer Agile Property Holdings has sold a significant minority interest in its Hainan development project to a Morgan Stanley investment vehicle for Rmb5.28 billion ($770 million) reports Finance Asia. Morgan Stanley will make the investment by picking up a 30% stake in Crown Golden, a company created by Agile in [...]

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