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HK-based SHK sets up real estate debt fund, seeks to raise up to $300m


HK-based SHK sets up real estate debt fund, seeks to raise up to $300m
Hong Kong. Source: Robert Bye/Unsplash
April 9, 2021
Hong Kong-based alternative investment firm Sun Hung Kai & Co (SHK & Co) has launched a real estate debt fund, targeting to raise $200-300 million to invest in first and second mortgages for commercial and residential property in the Asia Pacific.
The five-year debt fund is managed by SHK’s in-house real estate investment group, Multiple Capital Investment Partners (MCIP). SHK has already committed $100 million to the new vehicle.
In a statement, SHK said MCIP will invest in high-quality mortgage loans in developed markets, for development, repositioning, or refinancing of the properties. Its targeted markets include Australia and New Zealand, Greater China, South Korea, and Southeast Asia. Assets in the UK and selective EU countries will also be considered on an opportunistic basis. ....

New Zealand , Hsun Hung , Kyongsang Bukto , South Korea , United Kingdom , Lindsey Wright , Asia Pacific , Rai Katimansah , Simon Tozer , Actusraypartners European Alpha Fund , Sun Hung Kai Co , Abn Amro , Standard Chartered Bank , Hong Kong Based , Sun Hung Kai , Multiple Capital Investment Partners , Greater China , East Point Asset Management , Standard Chartered , Nomura Securities , புதியது ஜீலாந்து , சூரியன் தொங்கவிடப்பட்டது , தெற்கு கொரியா , ஒன்றுபட்டது கிஂக்டம் , லிண்ட்சே ரைட் , ஆசியா பெஸிஃபிக் ,

Budget Day 2021: Consett's mixed reaction on Universal Credit, furlough extension and stamp duty


Budget Day 2021: Consett s mixed reaction on Universal Credit, furlough extension and stamp duty
People in Consett have shared their opinion on Rishi Sunak s Budget announcement
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County Durham , United Kingdom , Lindsey Wright , Ben Watson , Derek Cranston , Nick Cox , Labour Party , North East , Rishi Sunak , Universal Credit , Self Employment Income Support Scheme , Victoria Murdy , County Durham Live , Durham Live , The Budget , Corona Virus , கவுண்டி டர்ஹாம் , ஒன்றுபட்டது கிஂக்டம் , லிண்ட்சே ரைட் , பென் வாட்சன் , டெரெக் கிரான்ஸ்டன் , நிக் காக்ஸ் , தொழிலாளர் கட்சி , வடக்கு கிழக்கு , ரிஷி சுனக் , உலகளாவிய கடன் ,

Editor's take: The week that was — Feb 15-20


Editor’s take: The week that was Feb 15-20
February 21, 2021
It’s been known for a long time that there were cracks emerging at the Philippines-based prefabricated housing construction firm
Revolution Precrafted.
This week, the controversies regarding the luxury builder took a new turn when the country’s National Bureau of Investigation, acting on a complaint by contractors and suppliers, decided to probe the company. The complainants said they were duped by the firm, which allegedly led to losses worth $3 million.
Established in 2015 by
Robbie Antonio, the flamboyant son of the real estate tycoon
Jose Antonio, Revolution Precrafted had become the first Philippine unicorn within two years of its founding. ....

New York , United States , Hong Kong , Hsun Hung , Kyongsang Bukto , South Korea , United Kingdom , Republic Of , Nusa Tenggara Barat , South Korean , John Rainey , Kinesys Grouphit , Jose Antonio , Lindsey Wright , Trimuda Nuansa Citra , Warburg Pincus , Robbie Antonio , Eupheus Learningraised , Novo Tellus , Novo Tellus Pe Fund , Temasek Holdings , Lodha Developers , Al Rayan Holding Company , Bank Neo , Catcha Investment Corp , Macrotech Developers Ltd ,

Bill Author, Purdue Expert Urge Hearing For Bill On Lead Testing In Preschools, Day Cares


Credit FILE PHOTO: Lindsey Wright / WTIU
A state House bill would require preschools and day care centers to test for lead in drinking water and take action if lead levels are too high. Kids with lead poisoning can have trouble learning, behavioral issues, and poor kidney function. It’s especially harmful to children under the age of 6.
The chair of the House Environmental Affairs Committee says he won’t hear the bill because the issue of lead in drinking water is being addressed at the federal level.
But last year, the Environmental Protection Agency kept the level at which utilities had to take action the same at 15 parts per billion. The federal Food and Drug Administration doesn’t even allow bottled water to have more than five parts per billion of lead.  ....

Purdue University , United States , Carolyn Jacksond Hammond , Lindsey Wright , Andrew Whelton , Environmental Protection Agency , House Environmental Affairs Committee , Drug Administration , Carolyn Jackson , Drinking Water , Clean Water , 2021 Indiana Legislative Session , 2021 Indiana Legislature , 2021 Legislative Session , பர்‌ட்யூ பல்கலைக்கழகம் , ஒன்றுபட்டது மாநிலங்களில் , லிண்ட்சே ரைட் , ஆண்ட்ரூ வீல்டன் , வீடு சுற்றுச்சூழல் வாழ்க்கைத்தொழில்கள் குழு , கரோலின் ஜாக்சன் , வழி நடத்து , குடிப்பது தண்ணீர் , சுத்தமான தண்ணீர் ,